BOSA / SECURED LOANS
Normal Loan
Up to four times your savings with competitive reducing-balance interest.
| Loan Amount | Interest | Repayment Period | Other Conditions |
|---|---|---|---|
| Over Kshs 2M | 13.8% p.a | Maximum of 60 Months | Monthly savings >0.50% of Amount |
| Kshs 1M-2M | 13.8% p.a | Maximum of 48 Months | Monthly savings >0.50% of Amount |
| Kshs 500,000-1M | 13.8% p.a | Maximum of 48 Months | Monthly savings >Kshs 7,000 |
| Kshs 1-500,000 | 13.8% p.a | Maximum of 48 Months | Monthly savings >Kshs 7,000 |
- Up to four (4) times one's savings.
- Interest is charged at 13.8% per year on reducing balance.
- Recoverable within 60 months.
- Maximum limit of Kshs. 7,000,000.
- Processed F.I.F.O.
- Approval by HR.