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.

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

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.