Yes; the refund is done on pro-rata bases. This means that in the month of settlement, the number of days before the final settlement date, are calculated and taken from the monthly deduction before refund is paid.
In the case of the loan being completed, the full deduction amount is refunded.
Magnet Micro Credit Limited is a wholly Ghanaian owned financial institution, registered by the Ghana Registrar General’s Department and licensed by the Bank of Ghana (BoG). The company has been in operation since 2015…
Contact
Magnet Micro Credit Limited.
Box 165, Madina – Accra
Tel: +233(0)206619118
E-mail : info@magnetmoneygh.com
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