Benefits of Mercantile Investments Loan Facilities
- Lowest interest rates
- Rapid turnaround time and hassle-free processing
- Flexible payment plans based-on individual levels of income
Need cash for an emergency or for an important life event?
Mercantile Investments offers a variety of loan facilities to cover emergency financing needs. Be it a personal investment or a sudden monetary requirement, your safest financing option is a Mercantile Investments loan facility.
Vehicle Loan
Give your dreams a new set of wheels with a Vehicle Loan from Mercantile Investments. A hassle-free process with no added extra charges, we cover both registered and unregistered vehicles with our loan facility. The registration book of the vehicle will be required as security for the loan.
Personal Loans
There are 2 types of personal loans offered by Mercantile Investments based on your repayment capacity.
Term Loan End of Period
A short-term loan facility for customers with good credit records, with the collateral decided by the Credit Manager. The customer is required to pay only the interest component up until the final month of the loan, where the capital along with the interest component will be paid in full.
Term Loan Reducing
A loan facility where the customer is required to pay equal installments to complete repayment within the fixed time period. This facility may be granted for registered vehicles, equipment or any other collateral at the sole discretion of the Credit Manager, depending upon the customer’s credit record.
ADI Facility (Quick Cash)
This product is a reducing Loan with a Pre-Approved drawing limit where the limit is given for a pre-specified period. The interest for the above facility will be revised in every April and October based on the AWPLR (Average Weighted Prime Lending Rate) published by the Central Bank.
Property Mortgage Loans
A highly customized loan facility to be utilized for property mortgages, where the customer is required to pay equal installments to complete repayment within the fixed time period.
Call our hotline for more details: +94 112 101 010
