Pension in Advance Loan
As members approach retirement, engage DESACCO on the amount you need to access as a BOSA loan in a phased manner, disbursed every month.
The credit facility will be limited to 75% of the back office deposits and 50% of gratuity.
A processing fee of 1% capped at KShs10,000.00 will be deducted on each disbursement.
The facility also accrue an interest of 1% P.M. on each disbursement.
This arrangement run for a maximum of twelve months and will not proceed if the member begins to receive pension remittances before the lapse of on year.