Lending Solutions

Home line of credit

If you’re looking for a flexible and instant line of credit that allows you to overdraw your account without a penalty, our Personal Overdraft service is perfect for you. This option is a lifesaver at times when your income just isn’t enough to pay the bills. The overdraft is linked to your CBA current account and will give you access to cash when you need it most.

Benefits:

  • We only charge interest on the amount drawn
  • Loan protection insurance to cover your repayments in the unfortunate event of accidental death or accidental permanent disability

Features:

  • Maximum limit of up to KShs. 500,000.00 for an unsecured facility
  • No maximum limit on a secured facility
  • Renewable annually
  • Facility available in Kenya Shillings or in major foreign currencies such as USD, EURO and GBP (if your income/salary is in foreign currency)

Requirements:

  • Duly completed application form
  • Collateral if the facility is secured
  • Bank statements for the previous six months