TNB Personal Loan

The product is currently available to TNB salaried account holders whose salary comes through the bank with satisfactory account conduct for at least six months and fulfilling all other conditions.

Who can take the Personal Loan

• Those customers who  has a TNB Mshahara account for six months

• Whose salary has come un-interrupted for six months through the account

• Who have good credit record with Credit Reference Bureau/ other banks

Features

• Minimum amount Kshs. 50,000- maximum Kshs. 300,000-

• Repayment maximum 6 to 36 months depending on recurrent/non-recurrent nature of activity

• Employer should give undertaking to remit salary and terminal dues to TNB until TNB Personal Loan is outstanding

• Repayment burden should not significantly reduce take home salary rendering it inadequate for catering for living expenses

• The loan will be listed on Credit Reference Bureau

Why Personal Loan ?

• No security required if credit score is good. (Pl. consult TNB’s Credit Officer)

• Convenient mode of release of funds

• Convenient repayment schedule

• Loan listed with Credit Reference Bureau enabling you to build track record

Charges

• Commitment/Processing fee 1%

• Fixed Interest rate of 15% this cheaper than credit card debts