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Institutional Loan

SUMMARY

For employees of institutions that have an agreement with the bank to provide loans for their staff, getting a loan is easy.

 

Just find out if your company has an agreement with SG Ghana and get the ball rolling.

Borrow up to GHS 100,000.00 at a discounted interest rate!!

Make easy repayments monthly, via deductions from your salary, through your SG Ghana current account.

TARIFFS

*all fees updated regularly. For current, applicable fees, please refer to 2020 Tariff guide.
Please note subscription to loan insurance is compulsory. In the event of death or disability, the loan balance is paid by the insurance company.

Find out more about the Societe Generale Ghana loans, simply visit any branch or Call +233 (0) 302-214 314.

Ts&Cs apply

Target customers

Top affluent
Mass affluent
Mass market

Guarantees

Subscription of insurance is compulsory. In the event of death or disability, the outstanding loan balance is paid by insurance company.

Interest Rates

Negotiable 

Rates remain fixed for all staff once agreement is signed.

Facility processing fee

 Facility processing fee(Negotiable)

 Insurance

Costs between 1% and 2% of the loan amount.

Subscription of insurance is compulsory. In the event of death or disability, the outstanding loan balance is paid by insurance company.


Requirements

  • Letter from employer
  • Salary slip
  • A confirmation letter from employer