Business Conditions
USD and ZWL Accounts
| Product | Interest Rate | Arrangement Fee | Drawdown Fee | Application Fee | Insurance |
|---|---|---|---|---|---|
|
Group Loan – USD |
7% per month |
3% flat once off |
2% flat once off |
|
1% flat per annum |
|
Group Loan – ZWL |
10% per month |
4% flat once off |
1% flat once off |
|
1% flat per annum |
|
Order Financing Loan – USD |
8% per month |
2% flat once off |
2% flat once off |
US$100.00 |
1% flat per annum |
|
Order Financing Loan – ZWL |
10% per month |
3% flat once off |
2% flat once off |
ZWL$5,000.00 |
1% flat per annum |
|
Personal Loan – USD |
10% per month |
2% flat once off |
|
US$25.00 |
1% flat per annum |
|
Personal Loan – ZWL |
13% per month |
4% flat once off |
|
ZWL$2,000.00 |
1% flat per annum |
|
SME CAPEX – USD |
8% per month |
2% flat once off |
2% flat once off |
US$100.00 |
1% flat per annum |
|
SME Working Capital Facility – ZWL |
13% per month |
2% flat once off |
2% flat once off |
ZWL$5,000.00 |
1% flat per annum |
Loan restructure fee:
- 2% of outstanding loan amount in ZWL or USD
Statement print:
- US$1.00 per page payable in ZWL at the official rate