- Favorable interest rates on reducing balance.
- Maximum repayment period is 10months of equal instalments.
- The loan is not subject to three times BOSA Deposits multiplier since it is attached FOSA.
- Loan amount depends with once annual premiums but shall not exceed KSh. 500,000
- Processing at the rate of 0.5% of the granted amount is applicable and recoverable upfront.
- The loan proceeds shall be channeled to the insurer (Insurance Company).
- Loan processed immediately.
- Default in repayment shall lead to listing with CRB in accordance with the applicable CRB rules.