For the duration of Republic Bank’s More Cheers This New Year Campaign, the repayment terms extend up to 30 years for mortgages and converted build easy loans and land loans, and up to 7 years for vehicle and MIH loans based on the type of financing required. The periodic interest rate can start as low as 4.75%, and can range up to 10.50%. Actual rates may vary based on repayment terms, loan amount, down payment, creditworthiness, security and other terms and conditions. For our loans, the agreed rate of interest is fixed for the tenure unless refinanced.