At EAGLE FLIGHT MICROFINANCE BANK, we structure credit facilities to meet our customers specific business needs and add significant value to our customers businesses.
Term loan is a loan in which, for a set term, the borrower pays only the interest on the principal balance, with the principal balance unchanged. At the end of the term the borrower may enter an interest-only mortgage, pay the principal, or (with some lenders) convert the loan to a principal and interest payment (or amortized) loan at his/her option.
At EAGLE FLIGHT MICROFINANCE BANK, we make the loan available for all our profitable customers.
Salary Advance is a salary based Term Loan facility which enables staff of private companies and government agencies access 40% of their annual income in advance.
Product Description: This product offers 40% of customer's net monthly salary as term loan.
Disbursement: The facility is disbursed monthly as term loan.
Facility Amount (maximum): 40% of customer's net monthly salary.
Tenor: 90 days (maximum) with monthly liquidation.
Target Market: Individuals in paid employment whose salaries are domiciled with the Bank
Interest Rate: Competitive Interest rates and fees.
Life can be full of surprises and sometimes you may need a little extra cash for an emergency or a medium-term need.
Savngs Account at EAGLE FLIGHT MICROFINANCE BANK offers a convenient way to manage your day-to-day savings.
Savings accounts are accounts maintained by retail financial institutions that pay interest but can not be used directly as money ( for example, by writing a cheque).
If you are planning to save in the short term or you are investing cash for the future, EAGLE FLIGHT MICROFINANCE BANK savings account offers you a savings account with attractive interest on your daily balance.
Open a Savings Account with us today and earn interest to your money. You can withdraw your money at any time you want.
It that easy with EAGLE FLIGHT BANK Savings Account you can start saving today with as little as ?1, 000.
The Current Account at EAGLE FLIGHT MICROFINANCE BANK offers a convenient way to manage your day-to-day finances.
It is a checking account that allows you to carry out routine banking transactions with third parties and allows you enjoy easy access to your money any time.
You can effect transactions on your current account with your Cheques.
EAGLE FLIGHT MICROFINANCE BANK Current Account is a basic pay as you go, COT based account designed for you in mind if you prefer to pay COT on your transactions rather than fixed monthly fees.
Now you can enjoy:
The Corporate Current Account EAGLE FLIGHT MICROFINANCE BANK offers a convenient way to manage your day-to-day finances.
It is a checking account that allows you to carry out routine banking transactions with third parties.
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