About Checkoff Loan
Pivot Finance partners with private companies to allow their employees access convenient and affordable loans. Monthly loan repayments are deducted directly from the salary by the HR and remitted to Pivot Finance.
This loan facility is accessible to employees of companies that have a check-off arrangement with Pivot Finance.
Checkoff Loan Features
Financing
Loan Limits
Loan Period
Security
Processing
Requirements
Copy of ID
Current Photo
KRA PIN
Latest 1 Month Payslip
Steps to Apply
1. Loan Application
Fill in the online application form.
2. Loan Appraisal
We will determine how much you qualify for.
3. Callback
We will give you a call to let you know how much you qualify for and your monthly repayment amount.
4. Disbursement
We will send the funds directly to your Mpesa number.
Apply For A Checkoff Loan
Fill and submit the appropriate form and we will reach out to you asap!
Frequently
Asked Questions
Once the application is received and all documents are submitted, we aim to disburse the funds within 2 hours to your Mpesa.
Before we disburse the funds to you, we will give you a call and explain to you details about your loan including the approved amount, loan fees, take-home amount and repayment dates. We will also share with you your loan schedule via WhatsApp upon request.
The loan amount you qualify for is determined by your salary. As long as your salary can afford a higher limit, we will be happy to approve a higher loan amount.
Your terminal dues will be used to repay the loan. Your employer will not be obligated or liable for paying the balance beyond the terminal dues. The loan obligation lies fully with the borrower. If you still have a loan balance, we will work with you to establish an alternative repayment arrangement.
Unfortunately not. We are a lending only microfinance. We are not licensed to take deposits or savings.