AUPE Multi-purpose Co-operative Ltd

                                 
 

NEW LOAN PRODUCT

 
     
 
With effect from 1 April 2012, we will be introducing 2 new loan products, namely Renovation Loan and Medical Loan, and revising the Education Loan Product. These 3 types of unsecured loan products do not need to comply with the above-mentioned limits. As introductory offer, the terms are as follows:
 
     
 
Loan Product
Maximum Loan Amount
Interest per annum
Maximum repayment duration
Conditions
Renovation Loan
$30,000 subject to 30% monthly salary deduction and credit assessment
5% p.a.
36 months (exceptionally up to 60 months)
Defray renovation expenses of a member's owner-occupied property.
Medical Loan
Subject to 30% monthly salary deduction and credit assessment
-do-
-do-
Defray medical expenses for essential medical treatment of member or his immediate family member.
Education
Loan
-do-
-do-
-do-
Defray tertiary education
expenses of member or his
immediate family member.
 
     
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