Mon - Sat 8:30am - 04:00pm
Sunday CLOSED
JRB Salary Loans and Advances
This facility is meant for salaried workers who receive their salaries from the Controller and Accountant General’s Department as well as workers in private institutions who route their salaries through the bank. Salary loans and advances include the following;
JRB Salary Loan – this facility is uniquely designed for our cherished salaried workers to finance their personal financial needs and other household needs. The benefits, conditions and terms of this facility include the following;
- The interest on the salary loan is very competitive. It must be noted that the interest rate is fixed over the span of the loan. This means that any future increase(s) in the interest rate over the active period of the loan shall not be affected by the increase in the rate.
- In addition to that, the customer has between 12 and 48 months to repay the loan.
- There is an Insurance cover on the facility against untimely death and permanent disability.
- The loan amount one can access largely depends on one’s ability and capability to pay, based on the amount of their residual salary available.
JRB Salary Advance
This facility is granted to salaried customers who wish to get their salaries before the end of the month. The processing, the approval and the disbursement may take place simultaneously. However, it is worthy of note that the repayment of this salary advance is strictly one month. Other terms and conditions apply.
FAQ
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