Computer Acquisition Scheme offers a facility (time loan) to currently serving Corps members whose allowance accounts are domiciled with the Bank to finance the acquisition of mobile devices to be paid during the service year.
Facility Amount | Maximum loan amount is N60,000 |
---|---|
Tenor | 3 – 10 months |
Repayment | Equal monthly installment of principal and interest over the tenor of the facility and shall not exceed 33.3% of Corps member’s monthly allowance |
Support/Comport | Corps member’s allowance must be domiciled with the Bank |
Interest Rate | Competitive |