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Below is the list of loans offered by FDH Bank Malawi, how to apply and documents required:

——Personal and Business Loans

Requirements

  • A valid ID (National ID)
  • Referee (an account holder)
  • Utility bill
  • A letter of undertaking from the applicant’s employer stating to send a portion of applicant’s salary to FDH Bank.
  • Applicants most recent pay slip.

Benefits

  • Easy loan access
  • Loans of MK5 million are available on a clean basis.

Features

  • Loan maximum repayment period is 36 months
  • Loan maximum amount K5million

Accessibility

  • Accessible through our wide branch network
  • FDH Bank account holders who are High Net Worth Individuals
  • Executive management of major companies and organizations in Malawi.

—–Employer Supported Loans

Requirements

  • Accessible through our wide branch network
  • Employees holding salary accounts with FDH bank.

Benefits

  • You do NOT need to have security to access the loan.
  • Early settlement/redemption of the loan does NOT attract any penalty fees

Features

  • The interest rate on this facility is risk based and the maximum period is 24 months and early redemptions are allowed

Accessibility

  • Accessible through our wide branch network
  • Employees holding salary accounts with FDH bank.

—–Short and Medium Term Loans for SME Business

Requirements

  • Accessible through our wide branch network
  • All business account holders are eligible

Benefits

  • Short term funding of businesses at affordable rates

Features

  • The loans are available to a limited term of 2 years and 5 years for medium term loans

Accessibility

  • Accessible through our wide branch network
  • All business account holders are eligible

—–Amayi Atakate

Requirements

Visit any FDH Bank Service Centre with the above requirements

women entrepreneurs owning micro, small and medium enterprises

Benefits

  • Ease of access
  • Increased working capital
  • Affordable interest rates

Features

  • Maximum loan amount is MK5 million.
  • Flexible repayment period of up to 24 months
  • No need for security

Accessibility

  • Visit any FDH Bank Service Centre with the above requirements
  • women entrepreneurs owning micro, small and medium enterprises



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February 18, 2024

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