Credit & Loan Products
Flexible, short to medium-term loans tailored to meet your personal financing needs
Features
- Flexible repayment of up to 60 months
- Competitive interest rates and fees
- No collateral or security is needed to apply for a loan
- No sudden increases due to fixed interest rates
- Easy to get, less than 24 Hrs to receive facility with all required documentation provided
- Top-up option available for existing
- Insurance: Credit Life Insurance that covers permanent disability and death
If you're suddenly faced with unexpected financial needs, we can help. our salary loan facility allows you to get fast access with monthly repayment up to at most 60% of your net monthly salar.
Features
- Flexible repayment of up to 12 months
- Competitive interest rates and fees
- No collateral or security is needed to apply for a loan
- No sudden increases due to fixed interest rates
- Easy to get
- Less than 24 Hrs to receive facility with all required documentation provided
Our pensioners are not left out. Even in your age, Enyan Denkyira Rural Bank is there to help. Our pension loan package is designed to meet the financial needs of retirees.
Features
- Duration: 6-12Months tenure
- Competitive interest rates and fees
- Mode of Payment: Daily, weekly or monthly
- Security: Cash lien of 30% of the amount applied.
- Approval and disbursement within 24hours.
Our Boafo Ye Na SUSU loan provided to small scale enterprises or low-income individuals who otherwise would have no access to financial services. It allows people to take reasonable small business and individual loans safely and in a manner that is consistent with ethical lending practices.
Features
- Duration: 4Months tenure
- Competitive interest rates and fees
- Done on group basis
- Mode of Payment: Weekly
- Security: Cross Guarantee by each member of the group
- Initial cash deposit of 10% of amount applied.
This service is provided to small scale enterprises or low-income individuals or groups who otherwise would have no access to financial services. Our Microfinance loans helps low income earners to get access to funds, creates employment opportunities, and builds capacity to help alleviate poverty.
Features
- Flexible repayment of up to 12months
- Available to all CAGD salaried workers
- All products have a one-year warranty
Our home appliance loan or asset acquisition can help you make your dreams of purchasing the latest gadgets, appliances, smart phones, home furnishings and many more at a very affordable price a reality
Features
- Competitive interest rates and fees
- Mode of Payment: Daily, weekly or monthly
- Comprehensive insurance
Get your business moving by expanding your fleet of commercial vehicles. Our scheme for commercial transport operators is designed as a one-stop shop for your all commercial vehicle business needs. The processing time of our transport loans is very fast with easy documentation and approval.
REDF a programme initiated by the Government of Ghana to support small scale rural businesses through financing where Enyan Denkyira Rural bank plc act as participating financial institution facilitating equitable distribution of funds among members within Ajumako Enyan Essiam district, Asikuma Odoben Brakwa district and the Mfantseman Municipality. This initiative is adopted by EDRB to offer financial support to artisans such as seamstress, hairdressers etc.
Overdraft
We provide overdraft facilities under flexible terms and condition to our valued clients.
Features
- Flexible repayment of up to 6 months
- Competitive interest rates (6% per month) and fees
- No sudden increases due to fixed interest rates
- Easy to get
- Less than 24 Hrs to receive facility with all required documentation provided
- Insurance: Credit Life Insurance that covers permanent disability and death
Our spread overdraft is a short term loan which is designed to meet the personal or business capital needs of our customers. For businesses, they may offer a good way to resolve sudden cash flow issues. For individuals, such loans are an effective source of emergency funds..
Features
- Access Anytime
- Draw money whenever you need it from an overdraft that is always available
- Monthly pay back of used limit or a clean-up cycle of 30 day
- Facility fee of 5% charged on approved limit and at each renewal
- Pay interest only on the amount that you’ve used during the month
Salary Advance is a personal overdraft tailored to meet your cash flow needs if you earn a salary. It is a cash bridging facility against your next pay cheque or salary credit. It is designed to help cover small but urgent unexpected expenses between pay days. Are you suddenly faced with an unexpected financial needs, we can help. Our Advance facility allows you to get fast access to up to 100% of your net monthly salary.
Features
- 6 months duration
- 6% interest rates per month
- Easy to get
- Approval within 24 Hours
We are ever ready to offer a helping hand to our customers through our specialised So Me Nsa Overdraft Facility. Are you a salary customer with current account and in need of financial assistance? You can take advantage of our So Me Nsa overdraft with flexible payment terms.