Kenya Bankers Sacco loan securities.
You need to have guarantors if borrowing over and above your savings. Te other forms of securities include:
- Land/Property
- Quoted
Shares(NSE)
- Insurance
life policy
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Benefits of Joining The Kenya Bankers.
There are numerous benefits of being a member of Kenya Bankers Sacco. Just to mention a few; Affordable interest rates on loans Flexible options on savings Attractive rates on Fixed Deposit Exciting Partner discounts Lower premiums on insurance
The Kenya Bankers Forms
The attached are the newly amended forms for use.
REVISED NEW LOAN APPLICATION FORM
We have revised the Sacco loan application form and we have updated the same with the current terms and conditions with reference to the Credit policy.
Which loan products does the sacco offer?
The following are the products offered by the Sacco. 1. Karibu loan Issued up to Ksh100,000 after 3 months of Sacco membership. 50% of the loan proceeds disbursed and the remaining 50% retained to savings. Payable within 12 months at 15% P.a reducing ...
Loan repayment periods and Interest Rates
Loan Type Maximum Repayment period Interest Rate. Afya Imara 12 Months 1 % PM Express Loan 12 Months ...