What is Imara Loan?
A high-value personal development loan for salaried employees in public and private sectors, including teachers and disciplined forces.
- Loan repayment of up to 120 months
- Grace period of up to 2 months
- Top-up option available
- Free last expense cover
- 1% discount on setup fee for new and existing customer upon salary switch (one-off)
- 24-hour loan approval
- 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.
