MEDICAL LOAN
Ease the burden of your medical bills
These will assist members who would like to take medical covers for their family and relatives who reside in Kenya.
- The maximum amount borrowed shall not exceed three (x3) times the member’s deposits
- The member will attach pro forma invoice of the insurance company of her preference.
- The SACCO will write cheque to the insurance company.
- The maximum period is 12 months.
- The interest rate is 1.0% per month on reducing balance.
- The maximum amount is Kshs 1,000,000.
- You cannot have two medical loans at a time.
- Top up not allowed.
- Processing fee 1% on approved loan.