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C A K C S O D

FAQs:

We have answers to all your questions.

FAQs

Find answers to all your queries about our products and services.

  • What is the initial deposit or mininum balance?

    • The minimum balance or initial deposit for Susu account is GhC 10.00 and that of Savings Account is GhC 20.00 (varies from different branches)

  • Can I use any branch across Kumasi?

    Yes, all our branches are opened to serve you.

  • How does the loan repayment process work?

    You can generally repay your loan through consistent monthly payments over a set period, typically ranging from one (1) to five (5) years.

  • What does the loan repayments(payments) cover?

    The repayments (payments) cover both the principal amount (the sum borrowed) and the interest.

  • What happens if you fail to repay your loan on time?

    Missing a loan payment will negatively impact your credit score and could lead to late fees.

  • Is it possible to pay off a loan ahead of schedule?

    Yes.

  • What are advantages of using our loans?

    Our loans have several loan benefits such as:

    • Lower interest rates on our loans
    • Reduced fees
    • Personalized service
    • Emphasis on the financial well-being of members.

More questions? contact us.