http://www.mutualalliancebank.com

Loans

Loans

Do you know a Loan from mutual Alliance Bank could save you money? Consolidate existing short and long term credit facilities? you could benefit from our low interest rate have your Repayment spread over long months/years our Payback period is minimum 5 months depending on purpose and depending on your circumstance, security may not even be required, or open a REPS (Rent Payment Scheme Account) account with initial deposit of N10,000.00. Save up to 50% of the rent within 6-9 months and apply for the loan. REPS account adds 50% as loan assistance, no hidden charges.

MAHOS) Mutual Alliance Home Ownership Scheme:

You can build, buy, renovate or repair your existing house anywhere in Nigeria at 40% of the total cost.
a) Open a savings account with an initial deposit of N50,000.00.
b) Save 40% of the cost of your desired house, over a period of 12 to 18 months and apply for the loan.
c) Mutual Alliance will give you a mortgage loan of 60% (up to N2.5 million) of the cost of the house.

Benefit:

a) You can repay the loan over a maximum period of five years.
b) Interest rate of the loan is 24% per annum.
c) No hidden charges.
d) Balloon/Bullet payment is permitted.
e) Security/Collateral for the loan is a first legal mortgage charge on the financed/ Mortgaged property