Check Off

Employees earning regular monthly salaries can apply for loans to be repaid through check-off  administered through the employer.

Emergency Loans:

  • Short-term loans of between 1 and 4 months.
  • Employer's approval is required.
  • Loan should not exceed 3 times one's basic salary.


Consolidation Loans:
Clients currently having many deductions on the pay slip towards loan repayments can now replace with one repayment throug this loan.

Top up on Loans:
For employees still paying an existing loan and have a further need to borrow.

Bridging Loans:
To facilitate an employee take up bigger loans within their Savings and Credit Co-operative Organizations (SACCOs) Molyn carries out bridging of loans after an agreement is reached with the respective SACCO.

 Benefits:  Requirements:
  • No collateral or security required.
  • Flexible repayment terms.
  • Same day disbursement.
  • Interest rates are competitive.
  • An original latest pay slip.
  • National ID, PIN certificate, copy of utility bill, 2 passport photos.
  • Employment ID.