To meet temporary expense commitment with use of a line of credit secured by a residential collateral.

Features

• Obligor Exposure : Based on affordability (No single obligor shall access more than 70% of FSV of collateral)

• Interest rate: 25% P.A

• Tenure: 1 year

• Security/Collateral : Residential collateral where FSV > Value of loan + 1 year interest pyt

• Repayment Structure : Monthly repayment of interest and principal