PENSION-LINKED MORTGAGE (PELMS) LOANS
This product is designed
especially for workers in the public service, corporations and high net worth
companies, who operate pension schemes for their employees. It is aimed at
enabling workers gain access to mortgage loan facilities for the purpose of home
ownership, at subsidized interest rates. Such privileged employees would be
proud home owners while in service, in addition to having their terminal
benefits awaiting them at the end of their services.