How to apply for Co-operative Bank of Kenya Co-op Personal Loan The easier way

Loan of up to KShs. 200,000 for any customer with savings in Mco-op Cash, based on the amount of savings at the time of application. Just sign up for MCo-op Cash, deposit money, apply for the loan on your phone and get the cash chap chap!

Loan Details
It is a personal loan product targeted at salaried individuals.

FEATURES

• Minimum amount Kshs.50,000
• Maximum amount Kshs.4,000,000
• Maximum term 72 months
• Purposes to be covered: Education, Medical, Furniture & Consumer durables, Motor Vehicles, Plot Purchase, Holiday and Shares.
• Applications to be appraised using credit scoring.
• Applications appraised within 48 hours.

QUALIFYING CRITERIA
Employed Individuals  or Individuals with regular income

ACCOUNT OPENING REQUIREMENTS

• Identity Card – original and copy
• Pin Card – Original and Copy
• No specific minimum net salary is required.
• Salary pay slips for the last 3 months
• Completion of the loan application form.