CenteSalary Loan
Product Features
- Salary loans of up to UShs. 250 million.
- A dedicated Relationship Manager.
- Fixed interest rates.
- Low loan processing fees.
- Free financial education seminars.
- Manageable repayment installments.
- Flexible loan top-up terms.
Benefits
- Loan repayment periods of up to 5 years and secured Salary loans up to 10 years.
- Loan processed within 24 hours.
- Friendly Interest rates charged on reducing balance.
Requirements
- A Current or Savings account.
- A completed loan application form.
- To be a regular income earner (salary or pension).
- To be a resident in the branch’s area of operation.
- Undertaking from the employer to inform the bank on any changes to employment status.
- Permanent employment for at least a year.
- At least 2 salary payments made to the account.
- A copy of the appointment letter.