LOANS AND OVERDRAFT
LOANS
Loans that can be used for personal reasons/ personal exigencies at competitive interest rates.
Personal Loans:
- Salary loans
- Funeral loans
- School fees loans
- Medical loans
- Rent loans
- Pension loans
- Short term Advances / Overdraft
- Home improvement / Building loans
- Loans covered by credit life insurance policy
Corporate Loans/ Commercial Loans:
A full suite of lending product tailored to middle market and corporate customers.
- SME’s
- Cottage industries
- Auto loan scheme
Group Loans
Loan products enable clubs, associations, co-operatives, churches, mosques, schools to access financing at competitive interest rates.
Micro-finance / Susu loan scheme
A product designed to assist organized groups and individuals to raise working capital for their economic ventures. This product is targeted at trades, artisans and micro-entrepreneurs.
Agri-business loans
Debt-based funding that help you purchase tools, improve or re-finance your farm business.
- Crops
- Livestock
- Agro-processing
- Marketing
Transport Loans
Is a facility that enables Transport Unions to acquire vehicles at competitive interest rate.
Auto Loan Scheme
Government of Ghana Employee Loans
Are you a government worker or controller and accountant general salary earner? Gov’t of Ghana Employee loan is available at all Abokobi Area Rural Bank Branches for customers and non-customers.
Overdrafts
An overdraft is a loan facility that is tailored to meet your need for money over and above your credit balance. It’s the ideal way to manage your money.
Features:
- Once arranged, the facility is available and can be used whenever required
- You don’t have to transfer funds from a separate loan account since the approved limit is loaded on to your current account.
- The facility remains available even if you don’t use it (for the agreed period subject to review)
- An overdraft is one of the least expensive forms of short-term finance
- Repayment terms are negotiable up to 12 months
- Loans covered by credit life insurance policy
Feel Free
Reach Out To Us
A team of dedicated customer service personel are ready to take care of your financial needs. Don’t hesitate to contact us and we will be very happy to assist you.