Group Loan


Group loan is where group solidarity is used to guarantee the loan; group loan is offered to employees of companies that have domiciled their employee’s salaries into FinBank.

Eligibility criteria for a Group Loan

  • Form or join a group of colleagues.
  • Confirmed Staff (with minimum 6 months in employment with the current employer.
  • Contracted staff with facility maturing before end of contracts.

Enjoy the benefits of a Group Loan

  • No collateral needed.
  • Guarantor ship from group members.
  • Flexible loan term up to 60 months.
  • Loan insurance against death and disability.
  • The loan is delivered within 5 working days from the date all applications are received.