School Fee Loan

While attending school or college, you may require some money to facilitate your upkeep as you learn. The school loan helps you do just this at an interest rate of just 1.7% per month and with a repayment period of up to 30 months.

For one to apply for any loan product, the following shall be mandatory requirements:-

  • Two latest original payslips
  • A copy of your national Identity Card or passport
  • A copy of your KRA Personal Identification Number
  • Appropriate supporting documents
  • Bank statements where applicable

About this product

School fees loan:

Designed to cater for School fees for Sacco members

  • Loan amount: maximum of 3 times the withdrawable deposits.
  • Granted to back office account holder who has operated the account satisfactory for at least 6 months.
  • Security: back office deposits and be fully guaranteed
  • Duration: Maximum of 12 months.

Open a Nacico Sacco account today and start saving for your future.

Opening an account is quick and fast and only takes a few minutes. You only need your National ID to get started.