This is an account designed specially for salaried individuals for transactional purposes. For a low monthly fee, the customer has access to a variety of services.
- Unsecured loan of up to Kshs. 2 million
- Flexible repayment period of up to 60 months.
- Quick approval process.
- Low interest rates
- Pay slip for the last three months.
- Bank statements for the last 6 months (For non customers).
- A letter of reference from your current employer and a commitment to remit salary through CBKL.
- Employer should have an MOU with the Bank and hold an irrevocable authority to remit the employee's salary to the Bank.
- The applicant's salary should have passed through CBKL account for a minimum 3 months.
- Maximum advance is equivalent to HALF of the average net pay for the last 3 months that has passed through the bank.
- Minimum amount is Kshs 3,000 while maximum amount is Kshs 50,000