KWASU Short Term Loan (Advanced)
- : Requirements
This product is designed to meet the short term needs of salary earners.
- Domiciliation of salary account with KWASU MFB LTD.
- Standing Order from KWASU Bursary Department .
- Three months statement of salary account with KWASU MFB and or other bank.
- Payslip
- Standing Order from customer bank.
- Postdated cheque.
- The loan limit is 50% of the monthly salary.
- Loan term is 30 days
- Processing fee- 2.5% flat
- Management fee- 2.5% flat
- Interest – 2.5%