Consumer Loan

Make your dreams and life goals come true with Access Bank Mozambique's Consumer Loan. This flexible loan is designed to help you purchase household appliances, furniture, finance travel expenses, buy building materials and much more.

Requirements

  • Be an Access Bank Mozambique client with an active current account.
  • Work for a private sector organization based in Mozambique. 
  • Get paid through the Access Bank Mozambique current account 

Feautures

   
  • Amount
  • Minimum: MZN 25,000.00; Maximum: MZN 2,000,000.00
   
  • Term
  • Minimum: 6 months; Maximum: 60 months
   


  • Purpose
  • Purchase of goods such as household appliances, furniture, travel expenses, wedding expenses, purchase of building materials and other personal expenses.


   

  • Reimbursement
  • Payment in monthly installments 
   



  • Associated interest or commissions
  • · Interest rate: Prime rate + spread
  • · Commission for setting up and organizing the process: Applicable
  • · Partial/full early repayment fee: Applicable

   

  • Insurance
  • Subject to credit protection insurance;
   
  • Guarantees
  • · Pledge of term deposit or captive deposit of the amount requested from the current account.
    · Mortgage on property located in industrial/commercial or residential areas. 
    · Personal guarantees
    · Other guarantees presented by the client to be negotiated as part of the credit operation.
    Blank promissory note 
 

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