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The Express Loan product has been designed to address immediate financial obligations of our members and it is processed same day.
FEATURES & CHARGES
• Maximum loan amount UGX 4,000,000
• Maximum loan period 6 months
• Interest 3% per month
• Standing membership of 4 months
• Loan Application UGX 30,000
• Loan Commission 3%
• Insurance premium 1%
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REQUIREMENTS
• Employee Id
• Current pay slip
• Contract Letter
• Two Guarantors
• 20% savings of the loan amount
• 10% shares of the loan amount
• Loan application must be received before 11 am Monday - Thursday
• Loan application must be received before 10 am on Friday
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