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A unique type of Principal & Interest reducible
loan that combines your Savings and Loans into one account. The key features of
this type of account include:
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Cost savings of running only one account.
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Direct Salary Crediting.
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A means to save thousands of dollars in home loan interest.
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The flexibility and convenience to pay extra and redraw at any time.
You arrange for your salary and all other income to be
directly deposited to your Loan Transaction Account.
You have access to those funds just as you would with your existing cheque or
savings account, ie. ATM Card, Cheque Book, Bpay, Phone Banking, or the
Internet.
What you don't spend reduces your Home Loan balance and can save you thousands
of dollars in interest over the life of your loan.
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