What happens when a Loan is repaid?

When a Sub Scheme loan is repaid, depending on your instructions, your funds are either returned to you or held in our Investor Trust Deposit Account. We will send you information about alternate Sub Scheme investments or you may elect to withdraw your funds.

Loans are repayable at the end of the Loan period but are not always repaid on that date.  Repayment of your investment funds will be available when the loan repayment is made.

We have the discretion to enforce the higher rate of interest in the case of late repayment but we do not always do so. If the Loan is not repaid on time, you will be advised of an estimated time frame for repayment and interest will continue to accrue until the Loan is repaid.