What is Imara Loan?
- Loan period of up to 96 months
- Free Last Expense Coverfor the borrower
- 1% Discount on setup fee for new and existing customers upon salary switch (one-off)
- 24 hours for loan approval subject to verification of all documents
NB: No need for guarantors if remittance of your salary is to your Faulu Salary Account.
- Monthly check-off by the Corporate
- Two Guarantors who must be from the same employer (if pay point is not with Faulu)
- Net income after loan deduction must not be less than 1/3 of total net income
Yes you can top up your loan.
All you need to do is get in touch with your Relationship Manager or visit your nearest Faulu branch.
You also need to have serviced the loan for at least six (6) months without any arrears.