MORIS RASIK LOAN PRODUCTS |
FOR GROUP CLIENTS
|
FOR INDIVIDUAL CLIENTS |
|
|
PORODUCT NAME
| Loan Biasa Income General Loan |
Loan Special
| Loan Hadia Uma
(House Repair) |
Loan SME (Small Medium Enterprise)
|
Motorcycle Loan
|
|
Minimum
Loan Quantum
|
$ 50.00
|
$ 400.00
|
$ 500.00 |
$ 500.00 |
$ 1,750.00 |
|
Maximum
Loan Quantum
|
$ 15.000.00
|
$ 15,000.00
|
$ 2,500.00 |
$ 25,000.00
|
$ 2,500.00
|
|
Interest Rate Flat
Per Annum
|
18.72% (36,70%)
|
15,60% (36,60%)
| 15% (27,69%) |
15% (27,69%)
|
15% (27,69%)
|
Repayment
Frequency
| Two Variations
Weekly, Four Weekly | Two Variations
Weekly, Four Weekly |
Monthly
|
Monthly |
Monthly |
Minimum Loan
Term | 25 Weeks (Four Weekly)
or 6 Months (Four Weekly)r 6 Months (Four Weekly) | 50 Weeks (Four Weekly)
or 12 Months (Four Weekly) | 50 Weeks (Four Weekly)
or 12 Months (Four Weekly) | 12 Months | 12 Months |
Maximum Loan
Term | 100 Weeks (Four Weekly)
or 24 Months (Four Weekly) | 75 Weeks (Four Weekly)
or 18 Months (Four Weekly) | 75 Weeks (Four Weekly)
or 18 Months (Four Weekly) | 36 Months | 60 months |
Loan Collacteral
Deposit | 20% Balance for Loan (0% For new Clients) | 20% Loan Collacteral Deposit | 20% Loan Collacteral Deposit | 20% Loan Collacteral Deposit | 20% Loan Collacteral Deposit |
| Penalty | NIL | NIL | NIL | 10% For Overdue Principal+Interest | NIL |
| Admin Fee | 24/25 Week = 1,25%
50/48 Week = 2,25%
75/72 Week = 2,25%
100/96 Week = 2,50% | 24/25 Week = 1,25%
50/48 Week = 2,25%
75/72 Week = 2,25%
100/96 Week = 2,50% | 24/25 Week = 1,25%
50/48 Week = 2,25%
75/72 Week = 2,25%
100/96 Week = 2,50% | 2 & Of Loan Amount | NIL |
