Personal - Everyday Banking


This is a credit facility given to vipespay Bank salaried workers within 24 hours for the purpose of meeting varied personal, family and household needs. The loan is repaid through regular installments every month for a specified period of time.


  • * Automated loan processing.
  • * Less than 24 Hrs to receive facility with all required documentation provided .
  • * Interest rate is calculated using the reducing balancing method .
  • * Salaries must pass through customers account with the Bank.
  • * 6 to 36 months repayment tenure
  • * Loan can be applied for at any branch


  • Quick access to credit.
  • Interest rate and principal repayments are always fixed which helps in budgeting.
  • Customers receive a lump sum of money up front, allowing them to pay it back over a fixed term.
  • Top-up of facility is available.