HomeProduct and ServicesFuneral Loans

Funeral Loans

Eligibility Criteria 

The  applicant shall satisfy the following criteria

  • Shall be 18 years and above with sound mind
  • Must be willing to become account holder of the bank. (i.e account can be opened on the same day to qualify)
  • Must be a member of the bereaved family
  • Must be a resident in the operational area of the bank


The under listed basic information shall be placed on the credit file of every funeral loan beneficiary

  • Application letter (printer/ hand written )
  • Evidence of death(e.g Death certificate Morgue chit etc
  • Resolution from the bereaved family
  • Guarantor’s form duly sign by both the guarantor and the applicant
  • identification (e.g Voter’s ID card) and passport picture of both the applicant and the guarantor (one of them should be a family member)
  • An offer and acceptance letter (Letter of Notification)

Loan Disbursement 

  • The applicant shall read and sign the notification to indicate his /her acceptance
  • The loan shall be disbursed into the applicant’s account

Duration of loan

Duration shall be two (2) weeks /three (3) days after the funeral


  • The Applicant shall provide personal guarantot
  • Any other security deem fit,


Contact Us?

Feel free to get in touch with any enquiries and one of our friendly members of staff will get back to you as soon as possible, and remember, we want to hear from you!

We are committed to great customer experience. Kindly contact any of our branches or call us for your financial needs

Asante Akyem Rural Bank HQ

Copyright © 2023 Asakyembankplc | All Rights Reserved.