Chitukuko Sacco Malawi

Emergency Loan

These are loans available anytime attract an interest of 4% with a maximum repayment of 4 months. Maximum amount is 100% of current shares with a cap of MK200, 000. This type of loan has a  processing fee of 4%. To calculate how much the loan will charge please click here and select Emergency loan; type in the loan amount and number of months you want the loan to be deducted with a maximum of 4 months. The details of deductions will display below

Requirements:

  • Contact your closest branch to check how much loan can be taken depending on your shares and current loans if any

  • Fill a loan application form and get it approved on salary deduction

  • Provide a current payslip
  • To download loan application form click here

 

 

Loan Calculator

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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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