Salary Loan

Salary Loan

At DDMFB, we understand that life can be unpredictable, and financial needs may arise when you least expect them. That’s why we offer the Salary Loan, designed to provide you with the financial support you need, hassle-free.


  • Monthly repayment
  • Highly competitive interest rate
  • Quick access to facility
  • Maximum tenor of 12 months
  • Monthly loan repayment amount must not be more than one-third of net monthly salary


  • Borrower must have an account with the bank
  • Borrower must be an employee of a well-structured organization
  • Borrower must be between the age of 18 and 55 years
  • Borrower must be a confirmed staff of the organization


  • Duly completed loan application form
  • Provision of a valid means of identification of the borrower and the guarantor
  • Recent utility bill not more than 6 months
  • Two recent passport photograph of borrower and the guarantor
  • Six months bank account statement up to application date of the borrower and a guarantor who must be a senior colleague
  • Letters of employment and confirmation of the borrower
  • Duly signed cheque leaves of the borrower and the guarantor