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Co-op Bank’s Ni Ka Slip Tu offers salaried employees Sh9million loan repayable in three months

The salary account is ideal because can serve three things using one solution for finances: a salary account; a personal loan and mobile loans.

Did you know that with Co-operative Bank Salary account, you can be able to secure a minimum amount of loan worth Ksh 9 million, which would be repaid within 120 days!

It is one of the new products that Cooperative Bank of Kenya has just introduced. The product dubbed Ni Ka Slip tu targets employees working with government of Kenya, is ideal because it can kill three birds using one stone.

Some of the ministries, state departments and agencies with the government such as the Teachers Service Commission, National Police Service, Medical staff, Kenya Defence Forces officers, Prison wardens and all salaried customers and pensioners.

According to Coo-p Bank, “Getting finance with a Co-op Salary Account is just a pay slip away – invest using ready benefits like loans, investment opportunities, and Insurance.”

It further reveals that the Coop Bank Salary Account is ideal because can serve three things using one solution for finances: a salary account; a personal loan and mobile loans.

The bank says the applicants are appraised using credit scores and can be appraised with 48 hours and it covers education, medical, furniture, consumer durables, motor vehicles, plot purchase, holidays, and shares.

Besides, Coop Bank Kenya has a personal accident insurance cover for the newly recruited employees in government parastatals. Employed individuals or individuals with a regular income including monthly pension are encouraged to apply for the loan.

For one to access the product, the original national identity card, filled in loan application form and a copy of Kenya Revenue Authority (KRA) Personal Identity Number are required.

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