Top up loan
Features
Repayment period of up to 72 months
Interest rate of 12% on reducing balance
Processing fee of 0.5% charged on the take home amount payable once.
Insurance charged on the take home amount.
Maximum amount granted is Sh. 2.5 million.
Amount granted is determined by the deposits (three times the deposits)
Processing is done immediately once the application is received.
Requests should be submitted any day of the week.
Product loan
Features
Loan granted to facilitate the acquisition of products such as water tanks, laptops, phones, house furnishing, etc.
Charged at 15% straight line
Repaid within a period of 12 months
Members to be informed of new products regularly.
Normal Loan
Features
Processed within 3 days.
Applications can be submitted any working days of the week.
Interest rate of 12% on reducing balance.
Maximum repayment period of 72 months.
Educational loan
Features
Processed on any working day
Maximum loan Sh. 500,000
Interest rate of 12% on reducing balance
Maximum repayment period of 12 months.
Emergency loan
Features
Processed on any working day
Maximum loan Sh. 300,000
Interest rate of 12% on reducing balance
Maximum repayment period of 12 months.
Salary advance
Features
Processed on any working day
Maximum repayment period of three (3) months
Interest rate set at 10% per month
Amount granted should not exceed 75% of the net salarya
General Enquiry:
info@kabaraksacco.co.ke
Talk to us:
0745 57 57 67
Private Bag 20157, Kabarak.