Funds that would come in handy to sort out bills, customary obligations or cater for holiday expenses.
Interest rate of 1.8% per month on a decreasing loan balance
Maximum of K3000 for Teachers and K6000 for other Public Servants and SOEs
Loans |
|
|---|---|
| Effective Interest Rate : | 12.00% pa |
| Interest type : | Fixed on a reducing balance |
| Minimum Loan Amount : | K1,000 |
| Restrictions : | Max loan for Teachers is K3,000 and Max loan for others is K6,000 |
| Insurance : | Loan Protection Insurance for Loans K40,000 |