The BBS Bank Ipechetse personal loan is an opportunity for you to finance your needs without any struggle, whatever your plans may be — from consolidating loans to planning your dream vacation — we're here to help you with a loan facility that best fits your needs. BBS Bank prides itself on quick loan decisions, easy-to-understand applications, and competitive interest rates.
Loan Features
- Application appraised within 48 hours from document submission
- Maximum loan amount of P700,000.00
- Maximum term of 120 months
- Can consolidate loans from other financial institutions.
Why BBS Bank??
- The BBS Ipechetse loan offers a longer repayment period, thereby lowering your monthly installments.
- The loan is secured by a comprehensive loan protection cover giving you peace of mind, providing a 'safety net' for any of the below risks:
- Credit life – Loan is cleared in case of death.
- Permanent Disability – Loan is cleared in case of permanent disability.
- Total Temporary Disability – Insurance pays 6 months of the loan installments.
- Retrenchment Insurance – Insures against income loss, insurance will pay the bank 6-months worth of installments if the customer loses income due to retrenchment.
Eligibility
- Salaried employees in the public sector as well as private employees
- Minimum age of 18 years
- Maximum age of 64 years
- Must have been employed for a minimum period of 6 months
Requirements
- Proof of ID (Omang)
- Current Payslip
- Confirmation letter of Employment with physical and postal address
- Bank Statement for the previous 3 months
- Loan Settlement Balance where a customer wants to consolidate
- Copy of Marriage Certificate (Form A if married out of community of property Form B if married in community of Property)/Decree Absolute where applicable.
- Salary to be credited to BBS for non-scheme customers
For further enquiry email sales@bbs.co.bw To apply, kindly visit your nearest BBS Branch.