They are loans specially designed for the government & private sector employees who have regular or stable incomes. The deductions for repayments are taken at source from the employee’s salary.
* Available to clients with stable incomes (salary)
* Available to both government and private sector employees
* Available to both regular and walk-in clients.
* Flexible interestand repayment structure
* Flexible guarantees
* Allows clients to have funds to emergency situations
Savings Withdrawal Booklet
The Mount Zion Saving and Loans Savings withdrawal booklet is a pre-printed savings booklet bearing the unique account number and name of an Mount Zion Saving and Loans Savings Account Holder. The booklet contains slips which must be completed for use over the counter to withdraw money from a savings account. This booklet will gradually replace the savings withdrawal slips which serve the same purpose. The customer must provide the following information on the slip on presentation for payment; the date, their signature and the amount they wish to withdraw. Most banks will also ask for identification to verify that the bearer of the slip is the account owner. The Mount Zion Saving and Loans Savings withdrawal booklet is ONLY for withdrawing from a savings account just as a cheques book is used to withdraw money from a current account except it cannot be accepted for clearing or for payment into other accounts.