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Did You Know That Co-op Bank Offers Personal Loans of Up to Ksh. 4M?

BY Soko Directory Team · August 26, 2021 01:08 pm

KEY POINTS

How about a bank that will give you a loan of up to 4,000,000 shillings, no questions asked apart from the mere fact that you must have a salary account with them? 

At one point or another, every individual needs financial assistance. The majority of salaried individuals can do better with financial aid when moving up the growth curve. The funds may be needed for various reasons – to settle dues, start, grow or expand a business, among others.

Where the money comes from is totally the discretion of every individual and his objectives. Of course, businesses have the option of procuring financing from different lenders, but usually, when it comes to individual needs, the options might be limited.

However, through the Co-operative Bank of Kenya’s Salary loans, you as an individual can procure a loan competitively and at affordable rates.

Through Co-op Bank Kenya, you can get up to 4,000,000 shillings with no questions asked. all you need is to have a salary account and have money passing through it.

Read More: How To Deposit Money From M-Pesa To Account Using USSD And MCo-op Cash

With this type of loan, you can do so much more to grow yourself, regardless of whether you are planning to buy a car, land, or start constructing your house. You can do all that no questions asked with your Co-op Bank salary account.

Read More: How To Pay School Fees Using MCo-op Cash From Co-op

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

You can sign up for the account by visiting any Co-operative Bank branch with your National ID (original and copy) and with your KRA Pin (original and copy).

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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