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Housing Loan

 
 
 

Product Description

 
This loan helps Kentours Sacco Members to buy land in Kentours Housing Co-operative Society. Payment is made directly to Kentours Housing Co-operative Society.

 

Features

 
  • Qualifying Loan is 3 times a member’s deposits subject to a maximum amount of Kshs. 1,000,000.
  • Full Sacco Membership of at least 6 months.
  • Maximum loan period is 48 months.
  • Interest is charged at 1% per month on reducing balance.
  • Security options: Guarantors’ deposits, member’s own deposits, motor vehicle logbook, Kentours Housing land title deed, life assurance policy.
  • Evidence of ability to repay: Latest pay slip.
  • Approved within 7 working days.


 
 
 
HOUSING LOAN