BOSA Loan Products
Ordinary Deposits
Terms:
- Maximum repayment period of 60 months
- Interest rate at 1.1% per month on reducing balance
- Maximum eligibility 4 times deposits subject to 1/3 rule
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Super Loan
Terms:
- Maximum repayment period of 72 months
- Interest rate at 1.3% per month on reducing balance
- Maximum eligibility 3 times deposits subject to 1/3 rule
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Super Loan
Terms:
- Maximum repayment period of 72 months
- Interest rate at 1.3% per month on reducing balance
- Maximum eligibility 3 times deposits subject to 1/3 rule
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Ordinary Deposits
Terms:
- Maximum repayment period of 60 months
- Interest rate at 1.1% per month on reducing balance
- Maximum eligibility 4 times deposits subject to 1/3 rule
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Ordinary Deposits
Terms:
- Maximum repayment period of 60 months
- Interest rate at 1.1% per month on reducing balance
- Maximum eligibility 4 times deposits subject to 1/3 rule
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Super Loan
Terms:
- Maximum repayment period of 72 months
- Interest rate at 1.3% per month on reducing balance
- Maximum eligibility 3 times deposits subject to 1/3 rule
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Super Loan
Terms:
- Maximum repayment period of 72 months
- Interest rate at 1.3% per month on reducing balance
- Maximum eligibility 3 times deposits subject to 1/3 rule
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Ordinary Deposits
Terms:
- Maximum repayment period of 60 months
- Interest rate at 1.1% per month on reducing balance
- Maximum eligibility 4 times deposits subject to 1/3 rule
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Normal Loan
Terms:
- Maximum repayment period of 60 months
- Interest charged on reducing balance
- Maximum Eligibility 4 times deposits
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Super Loan
Terms:
- Maximum repayment period of 72 months
- Interest charged on reducing balance
- Maximum Eligibility 4 times deposits
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working Hrs upon receipt of complete documentation.
Midterm Loan
Terms:
- Maximum repayment period of 36 months
- Interest charged on reducing balance
- Maximum Eligibility 4 times deposits
Requirements:
- Three current pay slips
- Minimum of three guarantors
- Copy of ID card and ID copies of guarantors
- Non checkoff attach Six months Bank or Mpesa statement
Timeline:
- Within 48 working hours upon receipt of complete documentation.
Fahari Loan
Terms:
- Maximum repayment period of 18 months
- Interest charged on reducing balance
- Maximum Eligibility 4 times deposits
Requirements:
- Three current pay slips
- Copy of ID Card
- Minimum of two guarantors and their ID Copies
Timeline:
- Within 3 working days upon receipt of complete documentation.
Asset Finance
Terms:
- Maximum repayment period of 36 months
- Interest charged on reducing balance
- Maximum Eligibility 4 times deposits
Requirements:
- Three current pay slips
- Minimum of two guarantors
- Copy of ID card and ID copies of guarantors
- Proforma Invoice
Timeline:
- Within 14 working days upon receipt of complete documentation.
Emergency Loan
Terms:
- Maximum repayment period of 12 months
- Interest charged on reducing balance
- Maximum Eligibility 4 times deposits
Requirements:
- Three current pay slips
- Copy of ID Card
- Minimum of two guarantors and their ID Copies
Timeline:
- Within 3 working days upon receipt of complete documentation.
Cash Advance
Terms:
- Maximum repayment period of 3 months
- Interest charged on reducing balance
- Maximum Eligibility 4 times deposits
Requirements:
- Three current pay slips
- Copy of ID Card
Timeline:
- Within 12 hours
