Salary​ ​Loans

Salary ​Loans

The payroll product targets employees working with both private and public companies. Though these individuals are employed and receive a salary, they find it difficult to access short term credit when they have taken out a large loan from a commercial Bank. This product is mainly to support their short term needs like school fees, acquisition of simple assets like Televisions, Cookers, and Chairs. It’s strictly a bridge finance Loan.

Requirements:

  • Client Identification.
  • Employee Contract /Appointment letter.
  • Confirmation letter.
  • Personal Guarantees.
  • Collaterals.
  • PD cheques.
  • Banks Statement and Payslip.