Max Advance is a personal loan facility from Guarantly Trust Bank(Kenya)-(GTBank) formerly Fina Bank targeting employed clients.Many lenders(banks) in Kenya offer personal loans to their clients in the form of payday loans or salary advance or emergency loans but Max Advance is new.
MAX ADVANCE LOAN.
This loan package covers a wide range of personal activities that can be financed with it.It can be doing house renovation(home, shop,recording studio etc),
paying for your children school fees,buying a plot of land, paying for hospital bills or purchase livestock.
This loan is for people earning a salary from an employer.It can be from the government or a private company.
Minimum amount that a potential borrower can apply for is ksh 100000.
Max Advance is both a secured and unsecured loan.Security is required for amounts above ksh500000 but any amounts below this is unsecured.
Successful applicants will have 12 to 36months to repay the loan.
REQUIREMENTS.
-Borrower must have been holding a salary account for more than 3months with GTBank.
-Must have been employed for at least 12 months with the same employer.
-Max Advance loan applicants must be recieving a monthly salary of ksh50000 and above.
-You'll need as a borrower to provide a letter from your employer confirming employment and guarantee of salary.
Good luck!
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