KWASU Salary Loan
- Domiciliation of salary account with KWASU MFB LTD.
- Standing Order from Kwasu Bursary Department
- Three month statement of salary account with KWASU MFB and or other banks
- Pay slip
- Standing Order from the customer’s commercial bank that operates with our correspondent bank
- Postdated cheque leaflet.
- The loan limit is guided by 35% annually.
- Loan term is 12 months
- Repayment shall be in equal monthly installment from source.
- Processing fee- 2.5% flat
- Management fee- 2.5% flat
- Interest Rate: 2.5%