Salary Checkoff loan

The segment targets both government and private employees. For government, we have ministries (civil servants) parastatals and other selected companies.

Target Customer & Purpose
  • Flexible repayment arrangements max period 96 months financing Max KSH 4M.
  • Able to buy off the loan from other institution.
  • Ability to repay and the 1/3 rule on the employee’s pay slip must apply.
Features
  • Competitive interest rates
  • Quick turn around time
  • No penalty for early repayment
Benefits
  • Open a Caritas MFB transactional Account.
  • Original and Copy of National ID/Passport
  • A dully filled loan application form.
  • 3 months certified pay slip.
  • 3 months certified salary statement.
Requirements