Purpose
The product is designed to assist members meet urgent financial obligations and is processed within 24 hours.
Features
- The maximum amount one can borrow is is Kshs 3 Million.
- A member can have multiple Instant loans, however, the total outstanding loan amounts for all instant loans at any one time must not exceed KShs.3 million
- Repayment Period of 36 months apply to any applicant with a running contract period of not less than 9 Months.
- Interest is charged at 14.5% per annum on a reducing balance