Pensioners Loan
The Pensioners Loan is designed to support retired customers by augmenting their cash flow, enabling them to meet personal financial needs conveniently. Repayment is made simple through direct debit on the customer’s account.
Description
This loan product provides pensioners with immediate access to funds, ensuring financial stability and peace of mind during retirement.
Features & Benefits
Access to funds for unlimited financial challenges
No equity required
Flexible repayment through direct debit
Requirements
Operation of a pension account with Commerce & Mortgage Bank
Domiciliation letter of pension payment from NASSIT to CMB
Tenor
Maximum repayment period: 2 years
Eligibility
Customers with active pension or operating accounts at CMB