Salary Loan
Features
A personal loan facility designed for permanently employed and pensionable salaried professionals who seek credit to undertake personal projects.
- Secured by a motor vehicle logbook.
- Designed for salaried professionals.
- Must have been permanently employed for more than 6 consecutive months to qualify.
- The maximum repayment period is 12 months (1 year).
- Accessible amounts range from a minimum of KShs. 50,000.00 (Fifty thousand Kenya Shillings) to a maximum of KShs. 2,000,000.00 (Two million Kenya Shillings).
- Only individuals with no negative listings with the Credit Reference Bureaus (CRBs) qualify.
Requirements
- Original and Copy of National Identity card
- Copy of KRA PIN certificate
- 2 coloured passport size photos
- Latest 6 months’ certified bank statement
- Latest 3 months' pay slips
- Copy of employment contract
- Original and copy of motor vehicle logbook