Government Releases Guidelines For Car Loans, Mortgages For Public Officers

Government Releases Guidelines For Car Loans, Mortgages For Public Officers

Government Releases Guidelines For Car Loans, Mortgages For Public Officers

The government has released new guidelines for car loans and mortgages for all state and public officers in the country beginning this month. In a circular sent to respective heads by the Auditor general, and controller of budget and copied to the chief of staff and head of public service, civil servants will now eligible for hefty car loans ranging between 600,000 shillings to 10million shillings with mortgages ranging from 4 million to 40million shillings depending on the job group. The directive took effect from 1st January 2015.
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