If you’re salaried of have consistent remittances passing through your account then you’re eligible for a Temporary Overdraft. Take care of emergencies of urgent investment opportunities and offset the loan during your next remittance.
Get a 10% commission on the principal amount or a minimum of Tshs. 5,000.
A 24% interest is attracted on overdue amount for the overdue period.
What you require to sign up
Must have operated an account with Equity Bank for at least 3 months
Why you should sign up for this product
You have immediate access to short term credit.
No security is required – it’s based on remittance.
You will have same day processing and disbursement.
Enjoy up to 30% of monthly average remittance, maximum TSh 500,000