Payroll loans

This is a loan facility that allows an employee who receives their salary through a Centenary Bank Limited account for at least a month to obtain a loan.

Terms & conditions of loan

  • Mandatory credit life insurance.
  • Maximum tenor is 12 months.
  • Available to all Salaried employees in the Private Sector with Limited Companies and Statutory Corporations.

How to apply

  • Valid letter of undertaking from employer.
  • Current 3 months payslip.
  • Applicant must have salary remitted through a Centenary Bank Limited account for at least one month.
  • Open an account with Centenary Bank Limited.
Enter Amount you would like to borrow for the Payroll loans
MK 50k
MK 100MM
Loan
Borrowing MWK
For
Loan
Payroll loans
Cost/Monthly Payment
MK 0
Status
25%

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