* Processing Fees and Excise duty are only applied to year one. For loans longer than one year, your annual cost from year two onwards will be between 11.0% - 13.63%.
Loan Fees:
- Interest Minimum: 11%
- Interest Maximum: 13%
- Processing fee: 6%
- Insurance Fee: 0.63%
- Withdrawal Fee: None
- Late Fees: 5% Flat
- Other Fees: 20% Excise Duty
Disbursement Details:
- Institution Type: Commercial Bank
- Application Method: Paperwork
- Disbursement Method: Bank Account
Repayment Details:
- Repayment Frequency: Monthly
- Early Repayment: Allowed
- Repayment Method: Check-off
Eligibility Requirement:
- Smartphone: Not Required
- CRB: Must be in good Standing
- Income: No Minimum
- Employment: Required
- Network: Not Required
- History: Not Required
- Documents: 3 Certified pay-slips, National ID, Letter of Appointment, Application form filled and signed by borrower and employer
- T&C Links
