Pacific Savings and Loans Service

An agreed limit for an extension of credit for when an account reaches zero within a given period.

Target Group

SME’s and  Limited Liability Companies

Features

• Continue withdrawing money even if your account has no funds within it (subject to agreed limit)
• Flexibility to meet ongoing liabilities when and if they do arise.
• Payments of Cheques which will otherwise bounce or returned to sender Insurance Cover against Death and Permanent Disability.

Features

• A loan amount of GH¢2,000.00 or less.
• Repayment through a Mobile Banker for your convenience.
• Insurance Cover against Death, Permanent Disability plus Fire and Allied Perils.

Requirement

• Effective account operation for three months or above
• The applicant should operate a Savings or Current Account for a minimum of three months
• A monthly repayment period of 6 months or less.

Target Group

• Petty traders
• Graduates from Micro Group Loans

Features

• Loan amount of up to GH¢2,000.00.
• Insurance Cover against Death, Permanent Disability plus Fire and Allied Perils.
• Reasonable Loan repayment period (12 months).
• Repayment through a Mobile Banker for your convenience.

Requirements

• An old member of a Pacific Savings and Loans Micro Group Loan

Target Group

• Bereaved families

Features

• Loan amount of GH¢1,000.00 and upwards.
• Competitive Interest.
• Negotiable Processing and commitment fee.

Requirements

• Two guarantors are required.
• Mode of repayment: A Pacific and Savings Loans Ltd representative will be at the funeral table for cash collection.
• Loan Repayment duration: Maximum of two months.

An investment account that allows individuals and enterprise to save towards the acquisition of land within a specified period of time

Features

• Initial deposit of GH¢50.00
• Customer pays 50%-70% cost towards the land daily, weekly, or monthly within a period of not less than 6 months.
• Pacific pays the remaining amount at interest rate of 1.5% per month to be paid by customer by in installments within the period agreed to by both parties.

Features

• Earn interest on balances over GH¢1500.00
• Minimum monthly contribution of GH¢ 100.00
• No partial withdrawal before due date
• Interest is paid at maturity- twelve (12) months

Benefits

• Access instant loan up to 80% of your savings at negotiable rate
• Easy to operate (daily contribution is allowed)
• Free door step banking from our mobile bankers
• Free SMS alert cash deposits and withdrawal

Features

• Earn attractive interest on balances over GH¢ 500.00.
• Interest payment is made at maturity- three(3) months
• No partial withdrawal

Benefits

• Easy to operate (daily contribution is allowed)
• Free door step banking from our mobile banker

Features

• Place your deposit for three (3), Six (6), Nine (9) and twelve (12) months
• Earn attractive interest
• Interest rate is negotiable
• Interest payment is made at maturity

Benefits

• Easy to open
• Get your certificate
• Access to instant loan of up to 80% of your savings at negotiable rate
• The investment can be used as cash margin on loan or as collateral
• Free SMS alert

Features

• Initial deposit of GH¢10.00

Benefits

• Eligible for a loan facility after 3 months
• Provision of cheque books —25 / 50 leaves
• Cash collection from mobile van.
• Free SMS alert on cash deposits and withdrawals.

Features

• Initial deposit of GH¢10.00
• Minimum balance of GH¢500.00
• Loyalty Period of 3 months
• Any balance of GH¢2,000.00 and above attracts interest of 3% p.a.

Benefits To The Account Holder

• Can serve as margin for a loan (NB: benefits cease during loan period)