Term Share Loans
The Perfect Solution for all your expenses. Take out a JN Term Share Loan to cover your expenses or consolidate your debts. Borrow up to 80% against your Direct Gain or High Yield savings account while you still earn interest.
- Borrow up to 80% of your Direct Gain or High Yield fixed deposit/contractual accounts
- Still earn interest on your principal amount
- Interest rate is 4.5% above savings rate Interest calculated on the reducing balance.
- View account on Live by JN online banking Portal to see payment history.
- Convenience of having your money ‘work’ for you.
- Low interest rate on repayment amounts
- Up to five years to repay
- Fixed savings account is required
- Identification (Passport, Drivers’ License, Voters’ ID)
- Tax Registration Number card
- Two References (only Name and Telephone number required for these persons)
- Verification of address (credit card bill, utility bill, recent mail or statement from another financial institution)
- Verification of Employment (If person is employed) -Work ID, Pay Slip or Job Letter
Click here for requirements to become a JNBS member/ Account Holder