Summary
"this credit service aimed at attending the needs of the veterans who are entitled to the veteran pension"
BENEFIT:
1. support and empower the economic needs of the veterans and their families.
PERSONAL CRITERIA:
1. Veteran who are entitled to the pension from the Timor-Leste government
2. Veterans who have no obligation
REQUIREMENTS
- Credit Form (BNCTL will prepare)
- Color photo can be taken at the Bank
- Copy of electoral card for applicant and spause (if married)
- Copy of applicant’s Bank Account details
- Copy of the record and the database form for the pension
- Statement from another heir (applicable for multiheir)
- Statement Letter from the Tribute Commission
- Cash Flow Projection (BNCTL will prepare)
- Guarantee: veteran pension
TERM AND CONDITIONS:
- Maximum credit amount is USD 25,000.00
- Consummative Objetive
- Maximum duration is 5 (five) years
- Reimbursement of credit’s principal amount and interest is to be done monthly
- Guarantee: veteran pension
- Interest 6% per annum
- Administrative fee 2% from the credit limit
- Processing fee USD 10.00- 25.00
- Sanction 12% per annum
form for asuwa'in loan click here