Loans

1. Personal Loans: Loans that can be used for personal reasons/ personal exigencies at competitive interest rates. Such as;

  • Salary loans
  • Funeral loans
  • School fees loans
  • Medical loans
  • Rent loans
  • Pension loans
  • Short term Advances / Overdraft
  • Home improvement / Building loans
  • Loans covered by credit life insurance policy

2. Corporate Loans/ Commercial Loans: A full suite of lending product tailored to middle market and corporate customers.

  • SME’s
  • Cottage industries
  • Auto loan scheme

3. Group Loans: Loan products enable clubs, associations, co-operatives, churches, mosques, schools to access financing at competitive interest rates.

4. Micro-finance / Susu loan scheme: A product designed to assist organized groups and individuals to raise working capital for their economic ventures. This product is targeted at trades, artisans and micro-entrepreneurs.

5. Agri-business loans: Debt-based funding that help you purchase tools, improve or re-finance your farm business.

  • Crops
  • Livestock
  • Agro-processing
  • Marketing

6. Transport Loans: Is a facility that enables Transport Unions to acquire vehicles at competitive interest rate.

  • Auto Loan Scheme

Overdrafts

An overdraft is a loan facility that is tailored to meet your need for money over and above your credit balance. It’s the ideal way to manage your money.

Features:

  • Once arranged, the facility is available and can be used whenever required
  • You don’t have to transfer funds from a separate loan account since the approved limit is loaded on to your current account.
  • The facility remains available even if you don’t use it (for the agreed period subject to review)
  • An overdraft is one of the least expensive forms of short-term finance
  • Repayment terms are negotiable up to 12 months
  • Loans covered by credit life insurance policy

 

 

HEAD OFFICE
Abokobi Area Rural Bank Limited
P.O Box LG 20, Legon-Accra
Tel: 028 911 3050 / 028 911 3051 / 028 911 3052
Email: info@abokobiarearuralbank.com

Service Hours: Mon. - Thur. from 8:30am to 3:00pm

              Fri.  8:30am to 4:00pm

BRANCHES

Madina: 0302 503 886 / 028 952 5893

Dome: 0302 947 039 / 028 952 5819

Adenta: 0302 939 924/ 028 955 4919

Ashaley Botwe: 0576 096643 / 0576 096644 / 0576 096645 /0576 096646