POS-based Loans

Because your POS turnover is already blocked, it can serve as a guarantee for a loan without your having to do anything else. In other words, any time you want you can borrow cash against it.

Features

• The interest due on a POS-based loan that you borrow in one month is deducted from your account the next month according to the number of days it was borrowed.
• You can close out as much of the the loan account as you want at any time.
• Otherwise the account will be closed automatically on the day when your turnover becomes unblocked.