I am interested in the

Perfect for emergencies, the Pay Day Advance gives you access to quick cash when you come into a need for it before your salary checks in.

Why choose the Pay Day Advance

Repayment terms are flexible

Has friendly interest rates

Quick turnaround time between request and access to loan

Eligibility / Documents Required

Must have been an SBM account holder for the past 6 months
Confirmed permanent employee with a monthly income
Should have a minimum net income of Kes. 15,000
Should have received the last 3 salaries through SBM Bank
No unauthorized overdrawn positions
No unpaid items

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Rates & Fees

Maximum facilitated - 50% of monthly net pay
Processing commission - 2% collected upfront
Interest charged - the Bank’s Base Lending Rate plus a maximum of 4%

Pay Day Advance