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| Loan Products DESMONARCHY MICROFINANCE BANK LIMITED loan products are designed to meet the needs of individuals consumers, such as personal account holders and employees of blue-chip and multinational companies, who wish to buy household and other personal items but lack the capital.
ASSET FINANCE (EASY LIFE) This facility is available to acquire personal assets such as generating sets, furniture, computers, mobile phones, washing machines, gas cookers, electronics and other household appliances.
LPO FINANCING This facility is available for our customers who have LPOs from blue chip companies and other reputable organisations. We provide the funds to finance the LPO.
REVOLVING PERSONAL OVERDRAFT This facility allows you to overdraw your account up to 60% of your monthly salary.
DESMONARCHY AUTO LOANS If you need money to replace or buy a new car, make it happen with DMFB Auto Loan. This facility offers part financing for the acquisition of personal vehicle from the bank’s accredited dealers. Contribution is required but negotiable. |
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TRADING AND WORKING CAPITAL LOAN We offer short term working capital for traders, business men and women and micro-businesses.
AGRO ALLIED LOANS This loan product is designed to provide financial support for customers who are into agricultural and allied businesses.
DESMONARCHY PAY DAY LOAN This is a special product designed for salary earners of a reputable organisation. A pay day is set for the payment of all such loan applications received before the date. This enables such beneficiaries access to “double salary” and it is revolving every month.
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