Why is Oraan increasing the service fees?
Due to rising inflation, it has become important for us to increase our charges so that we can keep providing the service our community deserves. The new charges will be applied to all OC applications submitted after November 15th, 2022.
Please note that our charges will not affect your current OCs or OC applications in progress.
Here are two pro tips for you:
- Our saving slots are still free!
- You can sign up for an OC before November 15th, 2022 and still get the old low-0% pricing!
This is our new fee structure for 10 month OCs
| Slot | Fees as a percentage of monthly instalment |
| 1 | 18% |
| 2 | 16.5% |
| 3 | 15% |
| 4 | 13% |
| 5 | 9% |
| 6 | 6% |
| 7 | Free |
| 8 | Free |
| 9 | Free |
| 10 | Free |
This is our new fee structure for 5 month OCs
| Slot | Fees as percentage of monthly instalment |
| 1 | 10% |
| 2 | 8% |
| 3 | 6% |
| 4 | Free |
| 5 | Free |