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.

SAVE REGULARY

Whether you’re looking for a traditional savings plan, a high-rate flexible account, or you want to lock in a guaranteed return, SCU has the savings options that help your money grow.  

BORROW WISELY

  • No hidden fees or transaction charges
  • Reasonable & affordable interest rates
  • Repayment terms to suit you
  • No penalty on early repayement
  • Additional Lump Sum repayments

 

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.