Are you an employee with a long term contract?
Do you want to spend up to 8 times your monthly salary in a lump sum?
BPR’s salary advance loan offers you the opportunity to fulfill your expenditure needs now and pay over an extended period.
Benefits:
Quick and flexible loan processing .
No security required, your employment and monthly salary are enough guarantee.
Convenient loan for employees especially for making substantial expenditures like home refurbishments, purchases, etc
The loan amount can go up to as much as 8 times your net monthly salary.
Flexible installment plan. The loan can be repaid in 3, 6, 9, 12 or 24 months.
Affordable interest rates varying according to customer rating
Requirements:
You need to be client of BPR for at least one month to get this loan
Your salary has to be paid through BPR
You need to present a testimony of your salary and a reference letter from your employer.
Some collateral is needed if the loan exceeds 4,000,000Frw (e.g assets).
Approach your BPR branch for more information.