This product is intended to empower members undertake development projects with long-term benefits e.g. Residential & Commercial buildings, Business ventures and other investments.
- Loan issued at 3 times of one’s deposits
- Repayment- 72 months
- Interest rate- 1% p.m. on reducing balance
- Guarantors and acceptable collaterals required.
- Maximum Loan- Kshs.30M
- Refinancing/ Loan top up facility available
- Disbursed within 7 days
- Any amount above Kshs.10m to be secured by a collateral
- Any amount above Kshs.10 M to be approved by the full board.
- Terms and conditions on self- guarantee apply