Product Features

• Minimum loan amount of UShs. 5,000 and a maximum of UShs. 5,000,000 for salary earners, existing borrowers and staff. However, from UShs. 5,000 to UShs. 2,000,000 for net savers payable within three (3) months.
• Maximum loan repayment period of three (3) months.
• Interest of 7% per month is charged on a flat rate for bank customers and 5% per month for staff CenteMobile loans and will be regularly reviewed according to the prevailing market conditions.
• Flexibility to pay any time and borrow again.

Benefits

• Quick and instant access to loans to meet daily emergencies like transport fare, fuel, hospital bills, utility bills, school fees among others.
• Easy account balance checking.
• Convenience: Ease of paying / receiving money without no going to the bank branch; no queues, no paperwork.
• Relative safety.
• 24-hour access.
• No cash handling risks.
• No application fees.