Education Loan

The Education Loan was launched to support members and their families with the payment of tuition and other fees.

Members access a maximum loan amount of K2,000,000 which is paid directly to the institution. The repayment period is 24 months with an interest rate of 2% monthly or 24% per annum.

This loan type has a loan processing fee of 5% for a maximum of K250,000. To calculate how much the loan will charge please Click here and select Education loan; type in the loan amount and number of months you want the loan to be deducted with a maximum of 12 months. The details of deductions will display below


  • Contact your closest branch to check how much loan can be taken depending on your shares and current loans if any or check through Mobile Banking by dialing *327#
  • Fill a loan application form and get it approved on salary deduction
  • Provide a pay slip
  • To download application form click here