Civil servants whose details can be accessed through the PDMS provided by Payment Solution Malawi Limited qualify for this loan.  

FinanceRite has a payroll deduction code issued by the Malawi Government. This deduction code entitles FinanceRite to deduct customers’ monthly loan repayment from their salaries at source and the fund are credited to FinanceRite bank account.

Interest Rate: 4.5%

Loan Duration: 3 to 24 months