My Family Loan
One Loan, All Your Shared Goals
Your first step towards realizing the dreams you and your partner share – one solution, one path to success.
What You Gain
Looking for a complete financial solution for your family? The My Family Loan provides flexibility in customizing your loan amount, consolidating existing loans and more:
- Option to increase your loan amount after making at least 6 consecutive monthly payments.
- Option to buy out loans from other banks, with the ability to top up based on the couple’s combined income and debt-burden ratio.
- Free debit card issuance and access to online banking services.
- Life insurance coverage for the borrower under the bank’s approved group life policy.
Eligibility Criteria
Make it easy! We offer unparalleled benefits tailored to your financial situation so you can simply enjoy your new vehicle search!
- Option to increase your loan amount after making at least 6 consecutive monthly payments.
- Option to buy out loans from other banks, with the ability to top up based on the couple’s combined income and debt-burden ratio.
- Free debit card issuance and access to online banking services.
- Life insurance coverage for the borrower under the bank’s approved group life policy.
Required Documentation
- Proof of Income: Salary certificate and payslips for the last 6 months.
- Bank statement for the last 6 months.
- Social security statement.
- Proof of identity (national ID) for both spouses.
- Copy of marriage certificate or family register.
- Salary transfer letter for both spouses from their employers.