Loan offered to salaried employees of reputable organizations and /or companies whose mode of salary payment is through monthly remittance of net salary by the employer to the borrower’s salary account held at MKCB. The product requires an agreement between your employer and MKCB. Once this is in place, you can easily apply for a loan to purchase household assets, finance incidental expenses like school fees and any other family obligations.
What Salaried Loan offers you?
Faster processing speed.
Affordable interest rate.
No restriction on the purpose of loan.
Early liquidation is allowed and there is no penalty.
The loan is insured against death and permanent disability.
Monthly repayments remain unchanged even if your salary goes up.
You‘ll be looked after, at all times with personalized service from a dedicated loan officer.
Repayment period ranges from three months to 36 months giving a wider choice for a borrower to position his or her repayments frequency enabling client to have small and manageable repayment installments.
We are a solution to your immediate financial needs