- A digital personal loan acquired online available to salaried customers whose companies or organisations have MOUs with the Bank.
- Unsecured, has insurance life cover in case of death or permanent disability.
- Customers can apply for loan online through NBS Bank digital platforms
Target customers
- Salaried customers whose schemes are available on Employers Portal
Loan Limit
- Instalment to Income ratio of 50%
- Minimum of K100,000.00 to a maximum of K15,000,000.00
- Up to K45 million for High-Net-Worth Individuals (HNI)
Charges
- Processing fee of 2%
- CRB Fee
- Retrenchment Cover of 0.2%
- Life Cover of 1.74%
Benefits
- Easy and convenient
- Customers can apply in the comfort of their own home/offices/anywhere.
- Available 24/7
- Zero paperwork
- Instant disbursement of funds
- Minimum processing time (less than 10 mins)
Loan Requirements
- Salary account with the bank
- Clean CRB report
- Record of 3 salary transactions in the system
- National ID
- Salary being processed by the bank / salary file upload by the bank
Loan Term
