NIC unsecured education loan in kenya

    May 20, 2016   No comments

nic education loans kenya
NIC bank branch
@nicbankkenya The NIC bank of kenya has an unsecured student educational loan package targeting both students joining campus or parents and guardians with children joining university or college in kenya. The loan finances only the tuition costs for the course duration in school.


Educational loan Features.
The varsity fees must lie between ksh50000 and ksh1000000 because that's the loan minimum and maximum limits respectively NIC bank allows.

Loan application requirements.
For a student to apply for this loan facility, one must posses an admission letter from a recognized Kenyan university or college.The letter of admission must have an attached fees structure which will form the basis for the amount of loan to be applied for.The loan amount will be directly deposited into the educational institution admitted. Top ups during the learning period will be subject to debt to income ratio (not to exceed 60%) and not to go over the ksh1million limit.

NIC bank Contacts.
To get more information about this  student education loan, contact the lender through;

  • 0711 041 111
  • 0732 041 111

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Mwabaya Katana

Posted By Mwabaya Katana

Mwabaya Katana is a Personal Finance online writer.He is the founder of 'Loans Kenya' Blog.

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