How to get school fee loan in Cameroon
During the back to school period, parents always face challenges to pay school fees and get school needs for their Children. Banks and credit unions have made this situation easy for all Parents willing to contract a small school fee Loan.
Today I will share with you how and where to get a school fee Loan easily from Financial institutions in Cameroon in to sponsor your children's school needs in Time
Let's get together started
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What's a School fee Loan?
School fee loan is a short term loan granted to parents or students for the purpose of sponsoring school needs. Note that this kind of loan is approved only for school purposes. It is usually granted for a period of One year.
Benefits of School fee loans
No deposit & invoice are required
Fast, simple and convenient
Flexible repayment schedule (1 to 12 months tenure)
Competitive interest rate
Requirements to get school fee Loan in Cameroon
Hand written loan application
Photocopy of valid NIC
Attestation of irrevocable domiciliation of salary
Photocopy of payslip
attestation of effective presence at work
Census receipt for civil servants
Work certificate for private sector employees
Employer’s letter of awareness
Note that the above requirements might differ depending on the financial institution.
Credit Union requirements might differ from Bank requirements even in teams of Interest rate.
Where to get School fee Loan in Cameroon
To get a school fee Loan in Cameroon, Move to your Bank or Credit union and fill the form.
Banks Offering School fee loans in Cameroon include: NFC Bank.
Almost all credit unions in Cameroon like ASHCCUL offer School fee loans to Members .
Conclusion
If you have any questions, Comment, I will give you a possible answer