Consumer Loans

 Salary Advance (“Meeting Your Needs – Instantly!”) is a facility afforded to salaried employees for securing small amounts of short-term credit to finance emergency needs.

The loan is advanced up to four (4) times the average monthly net salary to help the salaried customers meet emergency needs.


Benefits:


  1. It is Easy:

          - No security requirements up to Kshs. 100,000

          - Automatic debits from customers accounts for repayments (on instruction), no need to travel to the bank and queue.

  2. It is Fast: 

          - Quick loan processing and disbursement

  3. It has Added Value: 

         - Free loan insurance against death and disability.

         - Advance of up to 4 times the customer’s salary which is higher than most competing products e.g. from Sacco’s.

 


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