Domiciliation of salary/business proceed to account in Bowen MFB
Lien on Terminal Benefits/Collateral pledged towards the loan
Submission of government bill for perfection of documents.
Government certified survey plan must be in place.
50% minimum contribution
Simple deposit of perfected documents until after loan is fully paid
Payment directly to government
Two guarantors who are salary earners. Guarantors to submit 3 months pay slip, copy of official ID card, undated, signed blank cheque leaflets for monthly repayments, I passport photograph and salary account bank statement and execute bank’s personal guarantee form.