Insurance Financing Loan

Black lady standing near a black car holding keys

This facility is offered in partnership with the CIC insurance group for motor private, motor commercial and other non-motor types of insurance including Medical, Home, Business and personal accidents.
• Maximum amount – As per insurance premium.
• Maximum period – 6 months.
• Interest charged – 5 % fixed (one off).
• No guarantors required for amounts below KSh 50,000.

External Lumpsum Deposits Waiting Periods

A member who wishes to top up a lump sum amount to their member deposits  account with the intention of borrowing a loan will be subject to the following waiting periods:

500,000 and belowZero waiting period
500,001 to 2 Million30 days
Above 2 Million60 days

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