What it means for you
Fund your next big move.
Life has needs, and sometimes you need extra support. Our personal loans help you take care of school fees, car repairs, rent advance, and other personal expenses with flexible repayment options that work for you.
What it means for you
Own the car you’ve always wanted with flexible financing from CalBank
We understand your lifestyle goals and know that achieving them sometimes requires the right financial support. Our Personal Loans offer flexible, short-to-medium-term solutions designed to cover your personal needs – whether it’s education costs, car maintenance, rent advance, or personal expenses.
CalBank personal Loan
Fuel your goals with reliable financing designed for you.
- Source of repayment is client’s salary
- Repayment period is six (6) months (minimum) to sixty (60) months (maximum)
- Debt burden ratio is 50% (maximum) of net monthly income
- Pricing: GRR + Agreed Risk Premium
- Personal insurance cover against death, retrenchment and personal disability during the tenor of the loan
- Flexible repayment period
- Loan refinancing
- You must work in an organisation profiled by us.
- You must have held an account with us for at least one month (for salary account holders)
- Applicant must not be more than 57 years
- Minimum facility limit is GHS2,000.00
- Maximum facility limit is GHS500,000.00
- Client must complete loan application form
- One passport-sized photo
- Personal identification – Ghana Card only
- Introductory letter from employer
- Payslips for the previous three (3) months
- The employer undertakes to pay salaries into the account.
- Two (2) third party guarantors
- Personal guarantors
- Provident fund
- IDs of guarantors
