This loan has been tailored for super shareholders and super savers.
Features:
- Qualifying amount is three times of a member’s deposits.
- Repayment period – 84 months.
- Minimum Share Capital of Kes. 250,000.
- Minimum Deposits Kes. 1,000,000.
- Interest rate at 1.25% per month on reducing amortization method.
- Refinancing/top up available once within the remaining period, but after 12 months of loan repayment.
- Flexible loan security such as guarantors and collaterals accepted.
- Enjoyed by check-off members only.