What is a Salary Advance?
It is a short-to-medium-term emergency loan for salaried customers with salaries paid through Faulu.
- Borrow more - up to 5 times your net salary
- No collateral required
- Flexible repayment period of up to 24 months
- Convenient automated repayments directly from your salary
- Fast processing – approved within 24 hours
- Ensure your salary is paid through Faulu
- Visit any Faulu branch or use available digital channels
- Submit your request for a Salary Advance
- Get approval and access your funds within 24 hours
Salaried customers whose monthly income is paid through Faulu Bank.
You can borrow up to 5 times your net monthly salary, subject to eligibility.
Repayments are automatically deducted from your salary every month, making it easy and stress-free.