Banking | Mortgage | Real Estate

Refuge Salary Advance Scheme (SALAD)

Get 80% of Your Salary Upfront within 24 hours of applying.

The Refuge Salary Advance Scheme (SALAD) offers you the needed funds to meet your urgent personal financial obligations such as house rent, school fees, hospital bills, traveling expenses, burial expenses, etc. You have control over the spending.

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Product Requirement
Product Basic Features
The following are the product basic features of Salary Advance Scheme (SALAD):

Up to 80% of net monthly salary

Attractive interest rate

Tenor-next payday

One working day processing and disbursement

Provision for instant renewal at expiration

Pre-Approval Requirements
The following are the Pre-Approval requirement of Salary Advance Scheme (SALAD):

Salary is domiciled with the Bank

Post-Approval Requirements
The following are the Post-Approval requirement of Salary Advance Scheme (SALAD):
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Fast Disbursement

Time is of the essence, as we know you might want to use funds for emergencies. The money is disbursed within a few hours of applying for the loan, without much paperwork, helping you navigate unforeseen circumstances with ease.

Convenience and Flexibility

We have made this stress-free, flexible, and convenient for you. You can choose the amount that suits your needs and you decide how to spend the advanced funds, allowing you to prioritise your needs and pay when you are paid.

Responsible Borrowing

Unlike traditional loans, SALAD avoids the burden of high interest rates and long repayment terms. You only repay a portion of your upcoming salary, promoting responsible borrowing and preventing debt accumulation.
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