BOSA Loan product
- Processed 4 times on member’s total deposits
- Repayable within 36 months
- A minimum of 2 guarantors
- Interest rate of 1.25% on Reducing Flat
- Processed 4 times on members deposit subject to ability to repay
- Repayable within 48 months
- A minimum of 3 guarantors
- Interest rate of 1.25% on Reducing Flat
- This is available for either personal education or dependents’ education.
- Processed 4 times on members deposit subject to ability to repay
- Repayable within 10 months
- A minimum of 2 guarantors
- Interest rate of 1.25% on Straight Line
- Available for continuing or new college students.
- Members who wish to pay for an education loan for more than 10 months- up to 20 months can go for this product.
- Processed 4 times on members deposit subject to ability to repay
- A minimum of 2 guarantors
- Interest rate of 1.25% on Straight Line
- For members with immediate and urgent need that requires funding.
- Loans processed the same day.
- Repayable within 10 months and maximum amount is Ksh. 150,000
- Processed 4 times on members deposit subject to ability to repay
- A minimum of 2 guarantors
- Interest rate of 1.25% on Straight Line
- For members with immediate and urgent funding who will already be servicing an emergency loan.
- Maximum loan is Ksh. 200,000 and minimum is Ksh.5000 Repayable within 12 months
- Processed 4 times on members deposit subject to ability to repay
- A minimum of 2 guarantors
- Interest rate of 1.25% on Straight Line
- Flexible for new members who need immediate funding and to boost their deposits.
- 1/3 of the loan amount is retained as deposits.
- A show of a first check-off deposit contribution to reflect in the pay slip.
- Repayable up to 36 months.
- A minimum of 2 guarantors
- Interest rate of 1.25% on Reducing Flat
- Maximum period is 60 Months
- Contribute 10% of basic salary as deposits
- Member should be earning in FOSA at the time of application
- Very low interest of 1% on Reducing Flat
- A minimum of 3 guarantors required