The target clients/customers are paid workers, e.g. Civil savant for government workers and public workers for private organizations who have an account domiciled with any commercial bank or any microfinance bank commercial bank.
Features & Benefits
1) It is flexible.
2) The rate is fixed.
3) Salary advance can be spread for up to three (3) months
4) Employer domicile salary of the account holder to the Bank.
5) A salary account can also be used for equipment/asset purchases.
6) Equity contribution not necessary
7) The customers who access this facility must have an active current account.
8) Direct debit arrangement with the microfinance bank or commercial bank where the salary is domiciled