Service Requirement:

(Loan or  Investments only)

Declaration:

The information given is complete and true to the best of my/our knowledge. I/we confirm that if and when there is a material change in my circumstances or new information relevant to Centrum Finance Company Limited and or my/our guarantor becomes available, we will inform Centrum Finance Company Limited immediately. I/we declare that the information given on this form is correct to the best of our knowledge and belief.

Funds Management Payment Details:

Centrum Finance Company Limited STRICTLY PROHIBITS payment of CASH by existing and prospective clients to any representative of Centrum Finance Company Limited, for any reason whatsoever. All payments to Centrum Finance Company Limited shall be by way of cheque or a bank draft issued in the name of Centrum Finance Company Limited or by direct bank transfers or cash payments to Centrum Finance Company Limited Designated Bank Accounts. Centrum Finance Company Limited shall not be liable for any direct or indirect loss or damage which may arise from failure of the client to adhere to this directive.

Terms and Conditions: (Funds Management)

1. Termination of investment prior to the expected period will require a two (2) weeks’ liquidation notice. Partial withdrawal of funds is allowed but will
   be treated as a terminated investment.
2. Premature termination attracts 20% on all interest incurred
3. Loss of monthly interest already paid will be deducted from the principal before payment
4. All interest payment is subject to a regulatory 10% WHT tax deduction.
5. Upon maturity of investment, in the absence of clear disposal instructions, principal plus interest at maturity will be rolled over at the prevailing rate, maintain the initial tenor and maturity treatment.
6. Interest is paid on the first working day of the new month.

Terms and Conditions: (Finanacing)

1. The applicant is expected to provide two (2) guarantors, who must be a respectable person in society such as
   1. Senior Civil Servant of grade level 12 and above
   2.  A qualified medical doctor
   3. A Chartered Arbitrator/ Accountant
   4. A senior Police Officer
   5. A member of the Nigerian Armed Forces of a rank equivalent to a major
2. A guarantor must be ordinarily resident in the FCT and has been resident and has been resident for a long period of not less than 12 months of the calendar year
3. A guarantor may be liable for any loss or damage suffered by the Company as a result of the activites of an operator or participant(s) he guaranteed.
4. A customer may request for the closure of an account, subject to having satisfactorily paid and settled all liabilities, obligations and outstanding amount owing to Centrum Finance Company Limited.