Short term borrowing paid on demand: Allows the customer to overdraw the current account. Interest calculated on daily utilisation.
Short term borrowing paid on demand: Allows the customer to overdraw the current account. Interest calculated on daily utilisation.
Understanding all details around this product will help you decide if this is the right product for you.
Fixed at 60% per annum or 5% per month
Short term finance, event type and industry specific
Not for consolidation of debt and/or settlement of debts.
Based on certainty of repayment source. For Non- Salaried, Positive Free Cash Follow and Debt Service Cover Ratio are key for consideration.
Depends on need, project soundness and affordability.
Based on conditions and size of grant including confirmed source of repayment.
Up to 6 months
As part of the country’s fight against money laundering and financing of terrorism, we are required by law to keep updated personal records of our existing clients. Visit the nearest Lesotho PostBank branch with your valid identity document, proof of residence, and proof of income if have not updated your documents in the last 24 months.
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