Premium Loan

Product Description

This is a special product tailored to satisfy members need for extra financing after taking up a Development loan and there still need for more project funds.

Product features

  • Loan issued at 5 times of one’s deposits
  • Repayment- 60 months
  • Interest rate- 1% p.m. on reducing balance
  • Guarantors and acceptable collaterals required.
  • Maximum Loan- Kshs.10M
  • Refinancing/ Loan top up facility available.
  • Disbursed within 5 days
  • Terms and conditions on self- guarantee apply