- Requirements of a loan in Equity Bank
- Eligibility for a Loan in Equity Bank
- Amount of a Loan in Equity Bank
- How to Start a Loan in Equity Bank
Requirements of a Loan in Equity Bank
Equity Bank is one of the most popular financial institutions in Kenya, providing a variety of services, including loans. To be eligible for a loan in Equity Bank, you must meet the following criteria:
- You must have a stable source of income.
- You must have a good credit score.
- You must provide proof of residence.
- You must provide proof of identity.
- You must provide evidence of salary or other income.
- You must provide a bank statement.
- You must have a valid Equity Bank account.
Eligibility for a Loan in Equity Bank
In order to be eligible for a loan in Equity Bank, you must meet all of the criteria listed above. Additionally, you must be at least 18 years old, a Kenyan citizen or permanent resident, and have a satisfactory credit history.
Amount of a Loan in Equity Bank
The amount of loan you can get from Equity Bank depends on several factors, including your credit score and income. Generally speaking, the maximum amount of loan you can get from Equity Bank is KES 2 million.
How to Start a Loan in Equity Bank
If you meet the above criteria and believe you may be eligible for a loan from Equity Bank, you can start the loan application process by visiting the Equity Bank website. From there, you will find the details of the loan application process, including the required documents and forms. Once you have completed the application process and all the required documents have been received, Equity Bank will review your application and determine whether or not you are eligible for a loan.