In today’s guide, I will do you the honor of answering one of these questions: Does CBG give loans?
It has not even reached a decade since the establishment of CBC. This makes most people ask whether they provide all the banking services that they used to do when they were individual banks, like giving loans and providing investment packages, among others.
The consolidated banks existed as separate banks initially. Some of the banks making the list of CBG include UniBank, Royal Bank, and Beige Bank.
Providing loans forms an integral part of every banking institution that is one of the things they are mostly noted for. Like any other bank in Ghana, Consolidated Bank of Ghana aims to reach a higher pedestal in its operations by serving customers with an attractive banking system.
Now let’s head straight and answer the question.
Table of Contents
Does CBG Give Loans
Yes, CBG gives loans, consolidated bank of Ghana provides various loan facilities for customer and non-customer needs. Whatever your financial situation is, GCB has a loan facility to address it.
Consolidated Bank of Ghana offers loan services under flexible terms and conditions for both parties involved. It has loans for individual clients and corporates.
What Loans Do Consolidated Bank Ghana Give
CBG has loans to serve whatever your situation may be. Below are the types of loan facilities available at the Consolidated Bank Ghana:
- Dreamlife
- Personal Salary Loans (PERSA Loans)
- Corporate Employee Scheme Loans
- Cash-Backed Facilities
These credit facilities are available at any consolidated bank of Ghana branch in Ghana.
Who Qualifies To Borrow From
The various credit facilities at CBG are privy to only Consolidated Bank of Ghana account holders. This means to qualify for a loan at any CBG branch, and you need to register an account.
Aside from having an account at CGB, you should be 18years or over to be given a loan at Consolidated Bank Ghana.
Requirement For Personal Consolidated Bank Loans
Below are what you need to get an individual loan facility at CBG:
1.Fill the loan application form.
2. A valid national ID card (Voter’s ID, Driver’s License, Ghana card, or Passport)
3. A passport-sized photograph
4. Payment slip for last three(3) months
5. Proof of employment letter (Letter of undertaking from employer)
6. Three (3) months salary credits on CBG bank statement
7. Six months statement from previous bank (for an applicant who wants to apply after the payment of their first salary into CBG account)
Things You Need To Apply For CBG Corporate Loans
The following are the requirement for CBG corporate loans:
Fill the CBG loan application form.
A passport size picture
Payslips of last three {3} months
Fully complete company profiling
The fully complete agreement between the bank and employer
Does CBG Loans Have Interest
Depending on the type of loan you are applying for at any consolidated bank of Ghana branch, you may be charged interest or not.
Not all the credit facilities at CBG are interest rate driven. One of the interest-free loans is the Dreamlife (Consumer Asset Finance)
Check the recommended Consolidated Bank guides below:
Flex Plus, App, Savings Account, Priority Black, Classic Current, Loans, Link Ghana Card, Address, Closing Time, Working Days, Careers, Recruitment, SWIFT Code, Fixed Deposit Rate, Headquarters, Working Hours, Mobile Banking, Bank Statement, Customer Care, Classic Savings, Priority Current, Mane Me Account, Yolo, Toll-Free Number, Contact, Which Bank Is CBG, Reset Password, PIN Code, Check Balance, Transfer Money.
