How To Apply For A Personal Loan From Co-op Bank Kenya

By Juma / Published June 9, 2021 | 8:29 am




KEY POINTS

Anyone with a Co-op Salary Account stands a chance to get an immediate loan, that takes 24 hours or less to be approved of up to 500,000 shillings with no paperwork needed.


budget

We all have dreams to accomplish big things in life. We want to invest. We want to construct a home for our families. We want to buy a car. We want to take care of our parents. But one thing always stands in the way and hinders our plans; inadequate funds.

The first thing one thinks about when faced with inadequate funds but with a will to accomplish big things is to get a loan. The first place to stop for a loan would be on a mobile loan app. But that might not be enough to take of your financial needs.

Read More: How To Transfer Money From Mpesa To Co-op Bank Account And Vice Versa

The second stop in the hunt for a loan would be in a commercial bank. The choice of your bank plays a big role in whether you will get the financial assistance you need. Not every bank is healthy for your loan requests. Some will just frustrate you.

But there is the Co-operative Bank of Kenya through their Salary Account. Anyone with a Co-op Salary Account stands a chance to get an immediate loan, that takes 24 hours or less to be approved of up to 500,000 shillings with no paperwork needed.

Read More: How To Get A Salary Loan Of Up To Ksh 4 Million From Co-op Bank

First, visit any Co-op Bank branch across the country and open a Co-op Salary Account with them (if you do not have one). Then with your salary passing through the account, armed with an ID, and payslip you can borrow from Ksh 5000 to Ksh 500,000.

The amount is disbursed in less than 24 hours to enable you to carry out your projects without the trouble of waiting. When you open a Co-op Salary Account, you get the following benefits:

There are seven benefits that come with having a Co-op Bank Salary Account:

  • Unsecured Personal Loans of up to KSh. 4m
  • One-year salary advance of up to 4 times net monthly salary
  • Mobile Loans of up to KSh 500,000
  • Zero minimum operating balance
  • Zero account maintenance charges
  • Flexible salary processing fee
  • Prompt salary processing

For more INFORMATION, please FOLLOW THIS LINK





About Juma

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

View other posts by Juma


More Articles From This Author






Trending Stories










Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE



ARCHIVES

2021
  • January 2021 (182)
  • February 2021 (227)
  • March 2021 (325)
  • April 2021 (261)
  • May 2021 (285)
  • June 2021 (199)
  • 2020
  • January 2020 (272)
  • February 2020 (310)
  • March 2020 (390)
  • April 2020 (321)
  • May 2020 (335)
  • June 2020 (327)
  • July 2020 (334)
  • August 2020 (276)
  • September 2020 (214)
  • October 2020 (233)
  • November 2020 (242)
  • December 2020 (187)
  • 2019
  • January 2019 (253)
  • February 2019 (216)
  • March 2019 (285)
  • April 2019 (254)
  • May 2019 (272)
  • June 2019 (251)
  • July 2019 (338)
  • August 2019 (293)
  • September 2019 (306)
  • October 2019 (313)
  • November 2019 (362)
  • December 2019 (319)
  • 2018
  • January 2018 (291)
  • February 2018 (213)
  • March 2018 (278)
  • April 2018 (225)
  • May 2018 (237)
  • June 2018 (178)
  • July 2018 (256)
  • August 2018 (249)
  • September 2018 (256)
  • October 2018 (287)
  • November 2018 (284)
  • December 2018 (186)
  • 2017
  • January 2017 (183)
  • February 2017 (194)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (205)
  • July 2017 (190)
  • August 2017 (195)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (165)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (245)
  • June 2016 (182)
  • July 2016 (271)
  • August 2016 (248)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (108)
  • May 2015 (116)
  • June 2015 (120)
  • July 2015 (148)
  • August 2015 (157)
  • September 2015 (188)
  • October 2015 (169)
  • November 2015 (173)
  • December 2015 (207)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950