KNAD Sacco

No Questions Asked Loan

Fast, Simple, Yours—No Questions Asked

Get quick loan at a low interest rate

Sometimes, life calls for quick and simple solutions. Our no-questions-asked loans are designed to give you the support you need, when you need it most, without complications or judgment. Because we believe in empowering you to take charge of your moment, your way

Loan Details
  • Designed to assist members with a quick loan that is less than Kshs 500,000. The loan must be fully secured.
  • The maximum amount borrowed shall not exceed 50% of a member’s free share (Deposits not attached to loans)
  • A non-refundable processing fee shall be recovered from the new loan 1.5% Loan processing fees
  • Interest is charged at 1% per month or 12% per annum on reducing balance.
  • The loan repayment period cannot exceed 24 months from the date of issue.
  • A member cannot have two No questions asked loans at a time.
  • Refinance not allowed.
  • In Case of default a penalty of 10% of loan balance is charged

Build Your
Financial Future

Key Benefits

Low interest rates of upto 1.17% on loans reducing balance

Great interest rates on your savings of upto 7% p.a.

Borrow upto 5x your savings amount

Extended repayment periods of upto 84 months

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