CenteMobile Loan
Product Features
- Minimum loan amount of UShs. 5,000 and a maximum of UShs. 5,000,000 for salary earners, existing borrowers and staff. However, from UShs. 5,000 to UShs. 2,000,000 for net savers payable within three (3) months.
- Maximum loan repayment period of three (3) months.
- Interest of 7% per month is charged on a flat rate for bank customers and 5% per month for staff CenteMobile loans and will be regularly reviewed according to the prevailing market conditions.
- Flexibility to pay any time and borrow again.
Benefits
- Quick and instant access to loans to meet daily emergencies like transport fare, fuel, hospital bills, utility bills, school fees among others.
- Easy account balance checking.
- Convenience: Ease of paying / receiving money without no going to the bank branch; no queues, no paperwork.
- Relative safety.
- 24-hour access.
- No cash handling risks.
- No application fees.
Requirements
- Account Type – Individual.
- Age of Account – Minimum of three (3) active months.
- Customer with good credit history.
- A personal account registered on CenteMobile.
- Account updated with NIN (National Identification Number).