- The loan is advanced up to Kshs. 300,000/- depending on the customer’s profile as defined by the bank from time to time.
1. It is Easy:
- No security requirements up to Kshs. 300,000/-.
- Automatic debits from customer's accounts for repayments (on instruction), no need to travel to the bank and queue.
2. It is Fast:
- Quick loan processing and disbursement
3. It has Added Value:
- Loan insurance against death and disability.
- Advance of up to 4 times the customer's net salary which is higher than most competing products.
- Be an active account holder with Equity Bank
- Submit their loan applications within a reasonable time
- Be able to clearly demonstrate existence of other sources of income that could be utilized for loan payment