Insurance Premium Finance (IPF)

Enable the society pay for the insurance premium for their assets.

  • Used to assist societies to pay insurance premiums for their properties
  • The IPF has a maximum period of 10 months.
  • Interest rates vary from 1.75% to 5.30% per the period.
  • The insurance premium should be payable to the insurance companies accredited by the bank.
  • Application requirements includes:-
  1. PIN certificates/ certificate of registration

Registered borrowing powers.