Overview:

The CedisPay Salary Advance Product puts you in control of your finances, not the calendar. This financial solution, managed and disbursed directly by CedisPay, empowers salaried employees to access up to 70% of their monthly net salary. Whether it's school fees, medical bills, or urgent repairs, you can address unexpected emergencies instantly without waiting for payday. Don't let unexpected expenses control your peace of mind. Take charge with CedisPay Salary Advance.

Key Features

• Unlock up to 70% of your monthly net salary.
• Fast approval in just 48 hours —no lengthy waiting.
• Repay on your terms—Choose 30, 60, or 90 days with monthly payments.

Minimum Requirements

To qualify for a Salaried Advance loan, applicants must provide the following:
• Valid Ghanaian National ID: Required for identification and verification during registration.
• Proof of Current Address: Documentation to confirm your residence (GPS Address).
• Bank statements: 3 months bank statements from your bank.
• Payslips: 3 months payslips from your employer.
• Mobile money: 3 months mobile money statements.
• Witness Information: Valid Ghana Card information, Proof of current address (GPS Address) and Proof of employment.
• Next of Kin: Their name (full name), phone number, GPS address and your relationship with them.

Salaried Advance – Loan Terms

Applications are to be submitted directly through the CedisPay website.
Approval is subject to CedisPay's credit assessment criteria and sole discretion, with the right to decline any application.
Customer can access only ONE salary advance at any point in time

Key Loan Terms

• Interest Rate: 4.5% monthly
• Processing fees: 3% of loan amount
• Loan Term: 1 to 3 months, up to 90 days
• Loan amount: 70% of monthly net salary up to a maximum of GHS 10,000.

Eligibility and Loan Analysis

Loan eligibility and amounts are determined based on:
• The customer must be a permanent employee with a minimum of one (1) year of continuous service at their current employer
• The customer must meet the CedisPay's creditworthiness and risk assessment criteria

Apply Today! With Salaried Advance, you can manage unexpected expenses with ease and confidence. Apply today and take control of your financial future!