About Check-off Loan
This product is available to employees of Government bodies and reputable companies employed on permanent and pensionable basis where Easycash Capital Limited has entered into MOUs with the organisations. The individual should be in employment for more than twelve months and not under probation or any disciplinary action. The loan is assessed subject to the employee meeting the 1/3 rule and is repaid through equated monthly instalments.
Key Features
Registration fee: KES 1,000
Commitment fees: 5%
Credit Life: 0.083% per month
Payroll deduction
No guarantor required
1/3 salary rule compliance
Requirements
Permanent employment (12+ months)
Government or corporate employer with MOU
Not under probation
Valid identification
Salary documentation
