Education Loan

School fees loan applies to primary, secondary school and college/university.


Education Loan

Eligibility

  1. Documentary evidence like fees structure and admission letters Payment (cheques) shall be sent directly to the institution.
  2. Amount permissible is KSh10,000 up to Ksh 1,000,000.
  3. Payable in 12 or 24 months.
  4. Interest rate 11 % pa (See Table Loan Products)
  5. Minors using their deposits will pay 2% less than normal rates.
  6. Guarantor required if a member does not have adequate deposits.