Salary Loan

Loan Products
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.

Features:

  1. Unparalleled and competitive interest rate
  2. Accessible to virtually any purpose
  3. Fixed interest rate and monthly deductions
  4. Loan tenure between 12 months and 36 months
  5. 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:

  1. Loans to salaried workers shall be granted where the employee collects his/her salary through the Bank.
  2. Employee is to operate with the Bank for at least three (3) months to qualify for salaried worker’s loan.
  3. Employer shall undertake to pay employee’s salaries direct to the Bank while he/she remains in employment.
  4. provide two (2) salaried workers who collect their salaries through the Bank shall guarantee the loan.
  5. Provide valid photo ID (Passport, Driver’s License, Voter’s ID)