Borrow

This is a check-off facility targeted at salaried clientele.

It’s both short and long term advance and mostly for development purposes but can also be used to cater for short term needs such as school fees.

Features

• Maximum loan amount of KES. 3,000,000.00
• A maximum tenor of 72 months
• Mode of repayment is check-off from your employer on a monthly basis
• Negotiated interest rates

Benefits

• The  driving  factor/unique selling point  of  this  type  of loan product  is  that it  leverages  the  underlying value of  the  said  asset as the main source of  security for  the  loan. This is achieved by way of bank ownership over the asset financed.