Cooperator's Mortgage
Cooperators mortgage is a product that enables cooperators enjoy the benefits of low interests and longer tenor mortgages under the umbrella of their cooperatives subject to terms and conditions negotiated with their societies.
KEY FEATURES
- Maximum tenor of 30 years
- Terms and conditions would be negotiated with cooperative society’s advocates.
KEY BENEFITS
- Lower interest rate
- Longer tenor and better value for your money
CMBank ACCOUNT OPENING REQUIREMENTS
- Duly filled account opening form
- 2 recent colored passport photographs
- Utility bill not less than three months
- Valid means of identification ( Driver’s license, International passport, National ID card, Voters card)
OTHER BENEFITS APPLICABLE TO ALL ACCOUNT TYPES
- 24/7 Banking services via our various E-channels
- Monthly statement via email
- Dividend warrant lodgments are acceptable
- Bank transfer from other banks is permissible
- Know Your Customers (KYC) rules apply
- Cheque lodgment is permissible