SHARE LOANS 

As a VMBS saver, you may benefit from a Share Loan, which is secured by your savings account balance. This loan is processed within minutes and, since it does not reduce your account balance, you continue to earn interest on the full amount.

Features and Benefits

• Customers have up to five years for repayment
• Loans may be given for up to 90% of your available savings balance.
• Interest rate is 4% p.a.* above the interest earned on the particular collateral account or, for tiered products, 4% above the highest tier. (For example, if a tiered product, such as the Master Plan account, is used as collateral for a share loan, the interest rate on that loan would be: 4% + 12% = 16% p.a.)

Rates

 Rates are subject to change without notice.

* Conditions apply