- info@majaneessaco.com
- Limuru , Mabroukie Tea Factory
- +254 745 537 367
- +254 743 588 078
- +254 745 239 348
Emergency Loan
Refinancing Loan
The Emergency Loan at Majanees RNWDT SACCO LTD is designed to provide quick financial relief to members facing urgent and unexpected expenses. This loan ensures that members can access necessary funds promptly to manage emergencies without financial stress.
Key Features
- Loan Amount: Based on the member’s deposits and eligibility criteria.
- Repayment Period: Up to 12 months.
- Interest Rate: 1% per month on a reducing balance.
- Quick Processing: Designed for rapid approval and disbursement to address urgent financial needs.
Benefits
- Immediate Financial Relief: Provides quick access to funds to handle emergencies.
- Short Repayment Period: Ensures that the loan is paid off quickly, minimizing long-term financial burden.
- Affordable Interest Rate: The 1% reducing balance interest rate keeps repayment amounts manageable.
- Flexible Use: Can be used for any urgent expenses, such as medical bills, urgent repairs, or unforeseen costs.
Eligibility and Application
- Eligibility: Must be a member of Majanees RNWDT SACCO with adequate deposits.
- Application Process: Submit the emergency loan application form with the required documentation.
- Processing Fee: A 1% initial processing fee is charged on the loan amount.
Summary
The Emergency Loan from Majanees RNWDT SACCO LTD offers a vital financial safety net for members facing unexpected expenses. With its quick processing, affordable interest rate, and flexible repayment terms, it provides the support needed to navigate financial emergencies efficiently. Apply today with Majanees SACCO for immediate financial assistance.