- Granted to customers whose employers have an MOU, on the check-off arrangement, with Equity Bank
- Maximum amount is dependent on a customer’s ability to pay.
- Maximum repayment period of up to 72 months
- Few requirements required from the customer ie Pay slip, Identification documents and employment letter
- The employer must have an MOU with Equity Bank Limited thus preferential terms
- A long term facility enabling the clients to pay without straining financially
- Deducted from source on check off hence easy loan recovery method