A special advance for staff drawn from KRA both members and non-members on KRA payroll.

One can access up to two times (2X) their Basic Salary. For staff on contract 60% of their Consolidated pay will be considered. Maximum loan amount is Kshs. 1M.

Applicable interest is 14 % p.a. & 16% p. for members and nonmembers respectively on reducing balance. Maximum repayment period of 12 Months. A 1/3rd rule applies.

Duly filled loan application form.

Two latest payslips.

Secured against member’s salary and recovered on Checkoff.