Loans tailored for individuals in formal employment with regular salaries to meet their economic and social needs

(a)     Equiloans

Unsecured loans to individuals in formal employment with salaries coming through Equity Bank

        Benefits

-          Loan amount depend on ability to pay

-          No security required but rather monthly check offs from the individual’s salary

-          Flexible repayment terms

-          Competitive interest rate

-          Quick processing and disbursement

-          No hidden cost

(b)     Flexi Loans

Secured loans to individuals in formal employment whose salaries don’t come through Equity Bank

        Benefits

-          Loan amount depend on ability to pay

-          Flexibility in security requirements

-          Flexible repayment terms

-          Competitive interest rate

-          Quick processing and disbursement

-          No hidden cost

(c)     Salary Advance

Loans to individuals in formal employment with regular salaries coming through Equity Bank to meet unexpected social & economic needs.

Benefits

-          Loan amount up to 4 times the individual’s net salary

-          Flexible repayment terms up to 12 months

-          Competitive interest rate

-          Facilities available to individuals in formal employment 

-          Quick processing and disbursement