With just a pay-slip you can get up to Kes.9M unsecured personal loans for a maximum term of 120 months

Getting financing with a Co-op salary account is just a pay slip away – invest using ready benefits like loans, investment opportunities and Insurance. The Co-op Salary account is ideal because of the three in one solution for finances: a salary account; a personal loan and Mobile Loans. Note: Personal accident insurance cover is also available for the newly recruited employees in government parastatals.

Personal Loan

Features:

Minimum loan amount of Ksh 50,000
Maximum loan amount of Ksh 9,000,000
Maximum term of up to 120 months
Purposes to be covered include education, medical, furniture, consumer durables, motor vehicles, plot purchase, holidays and shares
Applications to be appraised using credit scoring
Applications appraised within 48 hours

Requirements:

Employed individuals or individuals with a regular income including monthly pension
Original National Identity Card and a copy
No specific minimum net salary is required
Salary pay slips for the last 3 months
Filled in loan application form
Copy of KRA PIN

Pesa iko Co-op Bank App:

Are you already using Coop bank mobile banking. Get a short-term loan to see you through to your next pay day!

Features:

Borrow from Kes 1,000 to Kes 500,000
Loan repayment is between 1-3 months
Receive your salary through Co-op Bank account
Apply through dialing *667#

Requirements:

Open a salary account with us
Copy of KRA PIN
Register on Mobile banking (Co-op Bank App) to access this service.

The Salary account as follows:

Features:

Minimum operating balance – Nil
No Monthly Maintenance fee
Salary processing fee applicable
Access to Asset products such as Unsecured Personal Loan, Asset Finance, Mortgage and Cash Advance.
Debit card
Access to a credit card

Requirements:

Identity card/ Passport- original and copy
Passport Photo (To be taken at the branch)
Ksh600 for the Debit Card (inclusive of Excise Duty of 20%)
Copy of KRA PIN
A letter of introduction from the employer is not required

The target consumers for the Savings and Salary Accounts are as follows:

Teachers Service Commission
Government workers
National Police Service
Medical officers
Kenya Defense officers
Prison wardens
And all other salaried customers and pensioners.

First name *

Last name *

Email Address *

Phone Number *

Your message *

I agree to the collection and use of my information in accordance with the privacy policy. *