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Disclaimer:
Requirements may vary depending on the type of facility required and the applicant’s historical financial performance. Once selected, a Republic Bank representative will contact you for additional information and guide you through the final process. Interest Rates and Tenor of the Loan may vary based on the Bank ‘s analysis of the information submitted. Loans can be used for Working capital, Fixed asset purchases such as property, equipment etc.
*Requirements may vary depending on the type of loan and the applicant’s employment status. A Republic Bank representative will contact and guide you through the loan’s terms & conditions or financial requirements for self-employed applicants.
For the duration of Republic Bank’s 2025 Campaign, the repayment terms vary based on product, for example up to 7 years for a new vehicle vs. up to 40 years for a mortgage. The periodic interest rate can start as low as 4.5% and can range up to 10.50%. Actual rates may vary based on repayment terms, loan amount, down payment, creditworthiness, and other terms and conditions. For our loans, the agreed rate of interest is fixed for the tenure.