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"id": 261493,
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"content": "(c) In the absence of a title deed, an alternative collateral consideration for one’s application is given so long as one can use such collateral as a letter of allotment for plots with an undertaking from the local council signed by the Clerk of the Council. Two, produce a share certificate for firms performing well in the stock exchange whose surrender value must be more than twice the loan being applied for. Three, produce a life insurance policy whose surrender value must be more than twice the loan applied for. These conditions can also be fulfilled if there is a guarantor who meets the same conditions."
}