Credits

Consumer Loans


Do you need a short to medium term loan to finance the purchasing of the latest home appliances, your dream car, wedding or family holiday? Perhaps you need to pay bills, a rent advance or have a personal emergency.
 
The Societe Generale Ghana Consumer Loans are the perfect solutions for you!


RELIEF CREDIT
 
Relief credit is a consumer loan for salaried workers of Societe Generale Ghana listed companies. It can be used for any purpose, without any collateral and offers very competitive rates.
                                                         
Features

  • You can choose the repayment period - Between 6 months and 48 months.
  • You can apply for loan amounts as low as GHS 500 or as high as GHS 100.000.
  • Your total monthly repayment, both principal and interest installments must not exceed 40% of total net take home pay.
  • Built-in loan protection cover to pay off the loan in case of death of permanent disability.

Benefits
  • Financial relief when needed.
  • Easy, comfortable repayment periods chosen by you to suit you.
  • Enjoy competitive interest rates that stay fixed over the loan period.

INSTITUTIONAL LOANS

This is a loan with relaxed conditions offered to salaried workers from institutions which have signed an agreement with Societe Generale Ghana.


Features

  • You can choose the repayment period - between 24 months and 48 months.
  • You can apply for loan amounts of as low as GHS500 or as high as GHS100.000.
  • Your total monthly repayment, both principal and interest installments must not exceed 40% of total net take home pay.
  • Built-in loan protection covers to pay off the loan in case of death or permanent disability.
 
Benefits

  • Enjoy the most competitive interest rates and fees.
  • Easy, comfortable repayment periods chosen by you to suit you.

Requirements for both
  • Be a salaried worker from a company having an institutional loan agreement with Societe Generale Ghana.
  • Have a history of 3 consecutive months of salary payments received through your Societe Generale Ghana current account.
  • For loan amounts above GHS 100,000.00, collateral is required.
To find out more about how to access any of our consumer loans, visit any Societe Generale Ghana branch or call 0302 214 314.