HOW TO APPLY THE DIVIDEND ADVANCE

You can access a maximum qualifying amount of up to 50% of the expected interest based on 2023 interest on deposit paid.

The advance can be accessed on the Mobile and Online banking platforms. Members who are not registered on the mobile banking platform can fill the Registration Form and send it back to info_unioncrestbank@caplix.net 

Processing will be in real time and funds issued to Member’s FOSA account. Manual applications are discourage and will only be process in exceptional cases. The processing time will be up to 48 hours.

An interest rate of 6% will be deducted upfront for the digital applications and 8% for the manual applications. The loan will be recovered fully from the final interest on deposit payable for 2024 once approved by the AGM.

The offer will run from 18th November 2024 to 31st January 2025

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