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study loan

REQUIREMENTS

Must be a member

Must have an active Saving A/c

Must fill a loan application form

Must bring a copy of valid national identity card & pass port photo

Must bring an original land/plot agreement stamped by LC1 or land Title & Collateral security must be assessed.

Must have two active guarantors

Must be with running loan and being paid as per schedule

Must be aged 18-70

Possession of proof of sources of income to repay loan requested

BENEFITS

  • Loans at declining interest rate
  • Insurance to Loan granted
  • Pre- disbursement training to applicant
  • Annual gifts to good loan payers
  • Inter branch services (bank & withdraw at any Branch)
  • Mobile banking all day & night by dialling *255*31#
  • Waiving of loan interest for anyone who wish to clear loan before period.
  • Loan top up services with waiving of interest rate.
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