Loans come in handy when you need money quickly, and especially when you require a large sum of money. Some of these loans are repayable over a long or short time. One of the various lending options to explore is Utrak Savings and Loans. There’s a lot more to learn about Iemas loans. This page covers how to apply for Iemas loans, what you need to apply for, and the rewards.
About Utrak Savings and Loans
Utrak financial services is now UTRAK Savings and Loans Limited. They applied to the Bank of Ghana for a license to operate a financial firm under the financial institution (Non-Banking) Law (PNDC 328) of 1993. This was after they established a powerful presence in the hire purchase industry.
What are some products and services of Utrak Savings and Loans?
Utrak Savings and Loans offer some loan products to its customers. They include:
1. Utrak Asset Finance
Do you want anything in particular? Are you scrambling to put money aside in order to purchase the products in the future? Are you certain the things will be the same price after a year or two of saving? Don’t worry. Utrak can solve your problem. You can step into the future and enjoy your tomorrow today with UTRAK asset finance. This is because this offer will help you purchase your dream products today and pay in installments.
What are the benefits of Utak Asset Finance?
- Allows workers to possess some things now and pay for them in installments.
- On the price of the things, they impose no interest.
- UTRAK has worked with world-renowned brand manufacturers and dealers to help clients avoid imitating and so enjoy high-quality items.
- Repayment schedule that is convenient for you. Purchase today and pay over the next 12 months.
What are the requirements of Utrak Asset Finance?
The following are the requirements for Utrak Savings and Loans:
- You must fill and sign the application form.
- 2 passport photos, 3 current pay slips / six-month account statement.
- Voters’ cards, NHIS cards, driver’s licenses, passports, and other recognized identification cards.
- Cheques with a post-dated date to cover the repayment period.
What are the Items Utrak Asset Finance offer?
Utrak Asset Finance offers the following items:
- All Samsung products
- IPAD
- Led TVs
- Smart phones
- Ash foam products
- All kinds of refrigerators
- All kinds of church instrument
- Washing machines.
2. Business/SME Loans
It’s a hassle-free loan with a low interest rate that will help your company reach the heights you desire.
What are the features of the Business/SME loans?
- Provides short-term loans to SMEs to meet their credit needs.
- It is accessible to everyone, including non-customers.
- The loan has a 6 month maximum repayment duration.
What are the benefits of the Business/SME loans?
- Customers benefit from a low interest rate.
- Within 5 working days, you will receive your loan.
- There are no hidden fees.
- Provides a simple and user-friendly loan application process.
What are the requirements for the Business/SME loans?
- You must have been a customer for at least a month or have a 6 month bank statement from another bank.
- Fill and sign your account opening form.
- Utility bills, tenancy agreements, and leases are all acceptable forms of proof of address.
- Certificates of business registration.
- Get 2 passport photos.
- Voters’ cards, NHIS cards, driver’s licenses, passports, and other recognized identification cards.
3. Savings Account
Do you want to save for a rainy day while also getting the most out of your money? Then you only require a UTRAK Savings account.
What are the features of the Savings Account?
- Provides a customer-friendly and faster account opening process.
- Customers might make a lot of money if their monthly account turnover is large.
- GH₵ is the minimum first deposit.
- GH₵ is the minimum balance.
What are the requirements for the Savings Account?
- Fill, and complete your account opening form.
- Utility bills, tenancy agreements, and leases are all acceptable forms of proof of address.
- Certificates of business registration.
- Get 2 passport photos.
- Recognized Voters’ cards, NHIS cards, driver’s licenses, passports, and other identification cards are examples.
4. Fixed Deposit
They designed this offer for their cherished customers. It is an investment product with a competitive interest-yielding rate. It allows customers to put their extra money into investments.
What are the features of the Fixed Deposit?
- After the investment matures, you have the option to roll it over.
- It is a fixed-term investment.
- If the need arises, you have the option to re-discount your investment.
- It has flexible tenors of; 30, 91, 182 and 360 day.
What are the benefits of the Fixed Deposit?
- You could use it as a loan collateral.
- Return on investment that is competitive.
What are the requirements for the Fixed Deposit?
- Get 1 passport photo.
- Present I.D. Cards they recognize, i.e. voters, NHIS, drivers’ license, passport, etc.
Conclusion
They have made Utrak Savings and Loans offers easily accessible to Ghanaians. The level of expertise, experience and transparency the professionals at Utrak work with is very important to remember. Getting a loan when you need it is much safer when trusted experts such as Utrak handle it.
Read also:
SIC Life Savings & Loans: What you should know
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