Description

This product is intended to empower members undertake development projects with long-term benefits e.g. Residential & Commercial buildings, Business ventures and other investments.

Features

• Loan issued at 5 times of one’s deposits
• Repayment- 96 months
• Interest rate- 1% p.m. on reducing balance
• Guarantors and acceptable collaterals required.
• Maximum Loan- Kshs.30M
• Refinancing/ Loan top up facility available
• 0.5% refinancing/consolidation fee.
• Disbursed within 5 days
• Any amount above Kshs.10m to be secured by a collateral
• Terms and conditions on self- guarantee apply