These loans are available to all account holders who process a regular income from their employers. Ideal for those who earn a regular salary income through their employment. The loan can be used for Schools Fees, Medical Bills, Purchase of household items, Spare parts etc.
- Unparalleled and competitive interest rate
- Accessible to virtually any purpose
- Fixed interest rate and monthly deductions
- Loan tenure between 12 months and 36 months
- Have an account with at least one (1) month salary credit
How to Apply
You will need to gather the following requirements before you can apply:
- Loans to salaried workers shall be granted where the employee collects his/her salary through the Bank.
- Employee is to operate with the Bank for at least three (3) months to qualify for salaried worker’s loan.
- Employer shall undertake to pay employee’s salaries direct to the Bank while he/she remains in employment.
- provide two (2) salaried workers who collect their salaries through the Bank shall guarantee the loan.
- Provide valid photo ID (Passport, Driver’s License, Voter’s ID)