Did you know that Co-op Bank offers personal loans up to Ksh. 4M?
By Korir Isaac / Posted on August 26, 2021 | 1:45 p.m.
How about a bank that would give you a loan of up to 4,000,000 shillings, without asking any questions other than the simple fact that you must have a salary account with them?
At one time or another, everyone needs financial help. The majority of salaried people can do better with financial assistance as they move up the growth curve. The funds may be needed for a variety of reasons – to pay dues, start, grow or expand a business, among others.
Where the money comes from is totally at the discretion of each individual and their goals. Of course, businesses have the option of obtaining financing from different lenders, but generally when it comes to individual needs the options can be limited.
However, thanks to the salary loans from the Co-operative Bank of Kenya, you as an individual can get a loan competitively and at affordable rates.
With Co-op Bank Kenya, you can get up to 4,000,000 shillings no questions asked. all you need is to have a payroll account and have some money going into it.
Read more: How to deposit money from M-Pesa to an account using USSD and MCo-op Cash
With this type of loan, you can do a lot more to grow, whether you’re planning to buy a car, land, or start building your own home. You can do all of this no questions asked with your Co-op Bank Payroll Account.
Read more: How to pay tuition with MCo-op Cash From Co-op
There are seven benefits of having a Co-op Bank salary account:
- Unsecured personal loans up to KSh. 4m
- One-year payday advance of up to 4 times the net monthly salary
- Mobile loans up to KSh 500,000
- Zero minimum operating balance
- No account maintenance fees
- Flexible salary processing fees
- Quick payroll processing
You can register for the account by visiting any branch of the Co-operative Bank with your national ID card (original and copy) and your KRA PIN code (original and copy).