Loan against Preferred Deposit

Need Quick Funds Without Touching Your Savings?

Borrow Against Your Preferred Deposit at OIC! Looking for a fast and flexible way to access cash without withdrawing your hard-earned savings? OIC’s Loan Against Preferred Deposit is the smart solution that lets you borrow while your money continues to grow! This all-purpose loan allows you to borrow up to 90% of your Preferred Deposit placement with OIC – without closing or touching your deposit.

Key Features:

  • Purpose: Urgent needs, home expenses, personal goals, personal or household expenses, tuition or school fees, minor home repairs, debt consolidation or emergency use, productive or non-income generating purposes.
  • Loanable Amount: Up to 90% of your total Preferred Deposit amount.
  • Eligibility: Active Preferred Deposit placement, deposit has a maturity date of at least 3 months from the loan application date.
  • Benefits: Lower risk and better peace of mind (deposit serves as collateral), fast processing, no need for additional documents or co-makers.

For further details, please visit our website at www.orointegrated.coop and navigate to the Contact Us menu.