- The loan is advanced up to four (4) times the average monthly net salary to help the salaried customers meet emergency needs.
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