Personal Loan

Credit facility for individual customers

Interest Rate
  • Base Rate + Risk-Based margin
Penalty Interest
  • Base Rate + Risk-Based margin + 10% (for non-payment)
Cost to Access Facility (as per current Tariffs)
  • Processing Fees
  • Disbursement fees
  • Maximum of 60 Months
  • Cash or Real Estate
Requirements to access the loan
  • Gross income ratio of not more than 65%
  • Must have maintained a savings or current account with the Bank for at least one year
  • Letter of undertaking from the employer
  • Pay slips for the past three months
  • Proof of residents (water or electricity bill)
  • Valid National ID