Payday Loans

Under this scheme, SAILE targets employees in private and public sectors that need urgent or emergency loans to be repaid on the next payday. The loans are processed and disbursement done within 30 minutes while the applicant waits in the office.

A bank statement, latest pay slip and identity are what one requires to be given this payday loan. There is no need for the guarantor of the loan.

Loans range from MK 25,000 to MK 1,000,000

Please Note: There is an Administration Fee of 8.5%.