LOAN PRODUCT
ELITE LOAN
LOAN REQUIREMENT
Maximum entitlement 4 times of Main scheme savings
Minimum main scheme savings 1,000,000
Interest rate 1.25% p.m. reducing balance
Repayment period 72 months
.
Minimum Monthly Savings contribution of Kshs.5,000
Processing fees 1% minimum Kshs 2,000 and maximum Kshs. 5,000
Maximum loan amount of Kshs.30,000,000