The policy is designed to pay off a borrower’s or members outstanding loan balance if the borrower dies or is disabled. We have partnered with ABSA Bank and Banc ABC to provide this cover to members. The product is underwritten by Botswana Life.
Personal Loans
- Credit Life Premium 3.7% Of The Loan Amount@ 72 Months And 3.75% Loan Amount @84 Months
- Refund Is Paid 2 Weeks After Date Of Application.Requirements are Loan Statement,Bank Statement,Certified Omang copy and settlement letter.NB The loan statement, bank statement and settlement letter from your bank
- P500,000.00 Maximum Loan Amount
- Credit Life Is Applied For At Our 4 Offices Country Wide
Personal Loans
- Underwritten By Botswana Life
- P20,000.00 Minimum Loan Amount
- Death Claims Processed On A Monthly Basis And Paid Directly Into Babereki Investment Account.