Medical Loans
Whether you desire funding for dentistry, vision correction, surgery or other medical procedures, the Seychelles Credit Union offers its Members Medical Loans at attractive interest rates.
Medical Loans
As a Member, you are eligible to:
- Financing of up to 100% of the value of the investment
- Interest rates at 7% per annum on a reducing balance basis
- Up to 10 years to repay the Loan
Conditions
Please note that eligibility is also subject to:
- 10% cash collateral frozen from borrower’s shares and/or savings accounts
- Proof of monthly salary or incomeProof of monthly salary or income
- Proof of monthly salary or income
- Pledge of assets or mortgage of 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.