Chitukuko Sacco Malawi

Advance Loan

These are loans available anytime attract an interest of 5% with a maximum repayment of 2 months. Maximum amount is 100% of current shares with a cap of MK100, 000. This loan does not have a loan processing fee. To calculate how much the loan will charge please click here and select Advance loan; type in the loan amount and number of months you want the loan to be deducted with a maximum of 2 months. The details of deductions will display below

Requirements:

  • Contact your closest branch to check how much loan can be taken

  • Fill a loan application form

  • Provide a current payslip

  • To download loan application form click here

Loan Calculator

Loan Processing Fee (LPF): {{lpf() | currency : "MK"}} ( {{lpf_percentage}} % Rate)

Total Amount You Will Pay: {{total() | currency : "MK"}}

Total Interest Alone You Will Pay: {{totalinterest() | currency : "MK"}} ( {{interest_percentage}} % Monthly Rate for {{getPeriod()}} Months )

Months Date Principal Amount Monthly Deduction Interest Deduction Total Monthly Deduction
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