Plot Loan

  • The loan is open to members who wish to purchase land 
  • The loan is open to financing both Finnlemm and Non-Finnlemm projects  
  • Loan is granted three times a member’s deposits  
  • The loan is repaid within a maximum of 60 months  
  • The interest rate is charged at 12% per annum on a reducing balance  
  • Loan can be secured with guarantors or the land being purchased at 75% of the market value of the plot.