Institutional Staff Loan
Flexible Financing for Salaried Employees
The Institutional Staff Loan is designed for employees across different sectors who channel their salaries through Skyline SACCO. It provides eligible members with convenient access to financing supported by regular salary income.
Eligibility Requirements
To qualify, an applicant must:
- Have channelled their salary through Skyline SACCO for at least four months
- Obtain authorisation from the employer’s designated representative
- Maintain a standing order for monthly share contributions
- Meet the applicable two-thirds basic salary rule
- Provide duly signed payslips for the most recent three months
- Provide a signed employment contract covering the proposed loan repayment period
- Meet all other applicable credit-appraisal and lending requirements
Convenient Financing Through Your Salary
Access financing designed around your regular salary income and repayment capacity.
Apply today or visit your nearest Skyline SACCO branch for assistance.