UEW CO-OPERATIVE CREDIT UNION

Hot Line Loan

Hot line Loan

Hot Line Loan: This is a short-term loan contracted by a member for a period of one month or up to three months upon negotiation. An amount not exceeding 50% of a member’s net salary.
Terms and Conditions For Loan Repayment
Loan Type Interest Rate Maximum Duration Loan Amount
Regular Loan 18% per annum 1-36 months 3 * Savings
Special Loan 20% per annum 1-36 months 5 * Savings
Commercial Loan 22% for 10 months 10 Months 3 * Savings
Hotline Loan 5% for 3 months 3 Months 3 * Savings
Micro Loan 3.5% for 6 months 1-6 Months 5 * Savings
Loan Calculator
Loan Calculator
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