Personal / Salary Loans

The Personal / Salary Loan is designed to help individual customers augment their cash flow and meet personal financial needs such as school fees, bill payments, rent, holidays, and more. Repayment is made simple through direct debit on the customer’s account.

Description

This loan product provides flexible financing for everyday personal expenses, ensuring customers have access to funds when they need them most.

Features & Benefits

Access to funds for unlimited financial challenges
No equity required
Convenient repayment through direct debit

Requirements

Operation of a salary account with Commerce & Mortgage Bank
Domiciliation of salaries, allowances, or terminal benefits

Tenor

Maximum repayment period: 3 years

Eligibility

Customers with active salary or operating accounts at CMB