Barclayloan direct

Key Facts

Our unsecured personal loan offers repayment from a salary account at Barclays and comes at interest rates negotiated with selected companies or organisations.

On Barclayloan direct you get

  • Quick approval process
  • Loan amounts of up to K300,000.00
  • Flexible repayment period ranging from 12 months up to 60 months
  • Competitive interest rates
  • Choice of Convenience of not having it deducted from payroll (payslip).
  • Easy and convenient application process.

Who is eligible?

  • Credit-worthy salaried employees working for selected employers who have signed a MOU agreement with Barclays
  • Customers aged between 18 years and retirement (55 years for civil servants, 60 years for private sector employees and 65 years for professionals - lawyers, judges, medical doctors and university lecturers).

What fees are charged?

A single facility fee is charged upon approval of the loan. Refer to the current tariff guide available at all our branches and sales centres or call 5950 on any mobile network(toll free on MTN and Airtel).

Is there insurance cover?

Barclayloan Direct carries credit life insurance cover against death and permanent disability.

How to apply

Applications may be done at any Barclays Bank branch or through an identity card carrying sales agent.

What documents are needed?

  • Proof of identity (national registration card, valid passport or valid driver’s licence)
  • Latest three months payslips
  • Completed application form
  • A copy of the contract (if on contract).