Salary Advance
Features
A personal loan facility that has been designed for permanently employed professionals through a memorandum of understanding with their employers.
- Available for individuals who earn a monthly salary income from their employment.
- An existing contract between the us and the employer to guarantee the facility.
- The individual must have been permanently employed for at least 6 consecutive months to qualify.
- The maximum repayment period for this product shall be 1 month.
- The minimum amount accessible is KShs. 15,000.00 (Fifteen thousand Kenya Shillings)
- The employer shall pre-determine which of their staff qualifies for the credit facility.
- Only individuals with no negative listings with the Credit Reference Bureaus (CRBs) qualify
Requirements
- Original and Copy of ID and PIN
- 2 coloured passport size photos
- Latest 3 months’ bank statement
- Latest 3 Months pay slips
- Copy of employment letter