Institutional Staff Loan

The product targets staff from all sectors that channel salaries through skyline Sacco.

Eligibility

  • At least channel salaries for 4months
  • Authorization from company appointed person
  • Should have standing order for monthly shares deduction
  • Members who salaries through skyline loaning
  • Based on 2/3 basic rule
  • Employee should attached dully signed 3months pay slips
  • Deduction of ¼ to shares from loan applied or the difference
  • Attached a signed contract letter with employer until completion of loan