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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.

Payroll loans

Key Features & Benefits

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

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Plan your repayments

Loan Calculator

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Min 500,000 · Max 250,000,000

%

Indicative; the actual rate depends on your credit assessment.

Term used in calculation: 12 months

Total Payment

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Total Interest Payable
702,652
Monthly Installment
475,221
Term
12 months

Illustration only. Actual repayments depend on credit assessment, fees, and prevailing rates. Subject to Centenary Bank Terms & Conditions.

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