Sunday, January 20, 2019

Details of KCB Masomo loan, don’t let your kid stay out of school for lack of school fees.

Details of KCB Masomo loan, don’t let your kid stay out of school
Masomo loan is a service by KCB where parents/guardians can take a loan for students.

It also applies to salaried individuals who wish to further their studies.

Benefits.

It’s quick to process the loan.

Interest rates are not too high.

You can take loan of upto Ksh 300,000 repayable over a maximum of 24 months(2 years).

Requirements to get the loan.

You must have an account with KCB for atleast 3 months.

Have an original copy of National ID or passport.

Latest original pay slips.

You have must proof of income if you are self employed.

Admission letter from college or University.

Rate and  Fees.

Maximum repayment period is 24 months(2 years).

Interest rate and other fees e.g. negotiation fees and insurance premium to be advised by the personal banker at your branch.

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