Salaried and in need of a financial boost? Secure yourself an affordable loan with flexible amounts, great terms and no collateral needed. We’re here to help you go ahead with financing of upto Frw 30 Million.

Features

Flexible repayment periods

Get repayment periods that match your needs, up to 60 months (5 years).

Higher Loan limits

Higher Loan limits.

Loan open to all

Unsecured personal loans are available to both salaried and self-employed professionals and retirees.

What We Need From You*

  • Employment contract Indicating terms and conditions of employment.
  • Stamped Pay slips for recent 3 consecutive months.
  • Employment and salary certificates recently signed.
  • Undertaking by employer to channel the borrower’s salary through his/her account with BPR Bank.
  • Bank statement for 6 months (If not banking with BPR).
  • One color passport photograph for the borrower and the guarantor.
  • Loan clearance certificate / loan certificate (If not banking with BPR).
  • Photocopy of ID for Rwandese or Passport for foreigners(including a working permit).
  • Marital status (Certificate of marriage, celibacy, Divorced & Widowed).
  • Guarantor’s photocopy of ID for Rwandese or Passport for foreigners (if applicable).
  • Well filled BPR loan application form.
  • Positive CRB report.
  • Promissory note.

Rates & Fees*

  • Interest rate, Tier 1: Base rate + 2.5%, Tier 2: Base rate + 4%.
  • Facility fees (Once off), 2%.
  • Management fee, 0.1% per Month.
  • Loan Amount, Tie 1: Frw 30Mn, Tier 2: Frw 6Mn.
  • Repayment Capacity, 50% of net salary.

*Rates are subject to change.*

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