Individuals with the Staff Salary Accounts can benefit from our Salary Advance Product which offers access up to 50% of the staff’s salary before pay day.

Features and Terms

Product Description: This product offers 50% of customer's net monthly salary as temporary overdraft.

Disbursement: The facility is disbursed within the month as temporary overdraft and liquidated on pay day.

Facility Amount (maximum): 50% of customer's net monthly salary.

Tenor: 365 days (maximum) with monthly liquidation.

Target Market: Individuals in paid employment whose salaries are domiciled with the bank.

Interest Rate: Competitive Interest rates and fees.