You can now reduce your mid-month cash crisis by having access to cash advances and personal loans with Co-operative Bank Salary Account.
The Co-op Salary Account is a transactional account designed to facilitate salary processing. It’s targeted at employees.
Features Of Co-op Salary Account
Minimum opening balance – Nil
Minimum operating balance – Nil
No Monthly Maintenance fee
Salary processing fee applicable
Access to Loan products such as Personal Loans and Cash Advances.
Debit card
Access to a credit card.
Requirements For Opening a Co-op Salary Account.
Account Opening Requirements:
Identity card/ Passport- original and copy
Passport Photo (To be taken at the branch)
Letter of introduction from Employer/ Employment Letter
600/= for the Debit Card (inclusive of Excise Duty of 20%)
Copy of KRA PIN
For more information on this account, follow this link to their website. https://www.co-opbank.co.ke/banking/personal-banking/personal-accounts/current-account
You can also visit any Co-operative Bank of Kenya branch for any assistance in case of any inconveniences with your salary account.
READ: Features Of Co-op Bank Current Account You Need To Know