PAYROLL DEDUCTION LOANS

This is a payroll deduction loans designed for one to six months tenors. It is accessible for those in paid employment where the employer will deduct repayment at month end from employee’s salaries on behalf of Richway and remit to us




Features and Benefits:

  • Suitable for those individuals in paid employment.
  • Repayments are deducted by employers on behalf of Richway
  • Availability of funds to bridge short-term personal funding gaps.
  • Monthly Repayment Plan.
  • Competitive Interest Rate.
  • Tenor of one 1 to 6 months.

Requirements:

  • Completed loan application form.
  • Execution of loan agreement by Employer.
  • SA Means of ID/Work Permit.
  • One month payslip
  • 3 months Bank Statements.
  • Permanently employed for minimum of 3 months

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