GCB Bank Ghana, a leader in providing innovative financial solutions has launched a new loan promotion called Easy Pick. This loan is designed to make purchasing essential items easier and more affordable by allowing customers to buy now and pay later in convenient installments. What sets Easy Pick apart is its partnership with a range of accredited vendors who offer significant discounts on their products to GCB Bank customers. If you’re looking for a way to purchase high-quality items at a reduced cost with the flexibility of installment payments, Easy Pick might be the perfect solution for you.
The Easy Pick loan is a specially designed financial product from GCB Bank that allows salaried customers to purchase goods from accredited vendors and pay for them over time. Unlike traditional loans where you receive a lump sum of cash, Easy Pick operates similarly to a hire purchase agreement. Once you choose an item from one of the bank’s partner vendors, GCB Bank covers the cost upfront and you repay the amount in manageable installments over an agreed period.
Eligibility Criteria for the Easy Pick Loan
To qualify for the Easy Pick loan,you must meet specific eligibility criteria. Primarily, you need to be a salaried customer whose salary is paid through GCB Bank. Additionally, you must have received your salary through GCB Bank for at least six months. This criterion helps the bank assess your financial stability and ensures that you can comfortably manage the loan repayments.
How to Apply for the Easy Pick Loan
The application process for the Easy Pick loan is straightforward and user-friendly. Here’s how you can get started
1. Pick Up or Download the Easy Pick Form: Visit any GCB Bank branch to pick up the Easy Pick application form, or download it from the GCB Bank website for convenience.
2. Get an Invoice from an Accredited Vendor: Choose the product you wish to purchase from one of the accredited vendors. The vendor will issue an invoice detailing the cost of the item.
3. Complete and Submit the Form: Fill out the Easy Pick form with your personal and employment details, and attach the vendor’s invoice. Submit the completed form to your nearest GCB Bank branch.
4. Receive Approval and Alert: After reviewing your application, GCB Bank will send you an approval alert within 24 hours, confirming that your loan has been approved.
5. Collect Your Item: Take the approval alert to the vendor, who will then release the item to you based on the agreed installment plan.
Participating Vendors and Available Discounts
GCB Bank has partnered with a variety of vendors across different sectors, offering you a wide selection of products at discounted prices. Here’s a list of some of the accredited vendors and the discounts they offer to Easy Pick customers:
Hisense – 20% Discount
Electroland – 15% Discount
Vad Systems
Anointed Electricals – 6% Discount
Electromod
Double Gamma
Freno – 20% Discount
Forewin
Creative Ventures
Syndicated Capital
Somotex
QLS
Appliance Experts
Edric
Novotec
Ni Ventures
Ved Investments
Glassgold Company Ltd
Vision BS
TCL – 20% Discount
Busy Internet
Jesus is Lord Roofing – 10% Discount
Raincoat Roofing – 2% Discount
Perfect Prints Ventures
Domod – 6% Discount
GCB EASY PICK VENDOR LIST 2020
These discounts make it even more attractive to use the Easy Pick loan, allowing you to save money while enjoying flexible payment terms.