Salary Advance product

Our Products & Services

At Glory Microfinance Bank, we recognize the occasional need for financial flexibility between paychecks. Our Salary Advance product allows eligible customers to access a portion of their anticipated salary in advance, providing a convenient and responsible solution to meet short-term financial needs.

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Who this is for

The target clients/customers are paid-workers, e.g. school teachers, small organizations who have their account domicile with GMFB.

Features & Benefits

It is flexible.

The rate is fixed.

Salary advance can be spread for up to three (3) months

Employer domicile salary of account holder to the Bank.

Salary account can also be used for equipment/asset purchase.

Equity contribution not necessary

The customers who access this facility must have an active current account.

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