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