A loan facility for salaried workers who maintain current or savings accounts with us. Usually for a minimum of 48 months repayment period.
- Employee Loan
- Settlement Loan
- Over Draft
- Funeral Loan
- Salary Advance
For these loans there is no application fee, no collateral is required for approval and processing is fast and simple. Under this facility the only requirement is either a guarantee or an undertaking from an applicant’s employers.
You must also have been an account holder for at least three (3) months and your monthly salary is received through any of our branches/ agencies.
1. 3 most recent pay slips
2. National ID
3. Staff ID
4. Guarantor (co-worker or salary earning person)
• Direct deduction of loan installments at source (by employer)
• Loan amount depends on net salary
• Loan term ranges from 6 to 60 months
• Quick disbursement (max. 4 hours)
• Low and competitive interest rates (26% p.a.)
• Quick loan disbursements
• Simple loan assessments (no hassles)
• Top-up loans