Bank Guarantee

The Seychelles Credit Union offers its Members Bank Guarantee at attractive interest rates and flexible repayment terms.

As a Member, you are eligible to:

  • Financing of up to 100% of the amount being applied
  • Renewable after 1 year

Please note that eligibility is also subject to

  • 25% (fixed) cash collateral frozen from borrower’s shares and/or savings accounts
  • Fully secured by cash or pledge on assets or mortgage on property

For more information on the terms & conditions of this product, please contact us or pay us a visit at any one of our branches.