1. A total loan plus interest should be completed within 1 to 30 fortnights commencing on the pay day
stated on the deduction advice. However, extension required based on case by case basis.
2. In the event of the Borrowers employment with the organization been deceased, terminated, resign
or separated in any way, salary section will deduct in lump sum from the borrowers final entitlements
to cover all liabilities owe to McBroFinance.
3. McBro Finance Ltd has every right to recoup any outstanding loan from any post contribution or
any personal assets if clause 2 of this agreement isinsufficient.
4. Mcbro Finance Ltd has every right to reduce loan amounts indicated on the application based of credit
ability or for any unforeseen circumstances face by Mcbro Finance Ltd.
5. If the borrower’s deduction stop, Mcbro Finance Ltd will charge 20% default charge to deduction
amount.
6. The Borrower hereby agrees and undertakes not to change his/her bank account where their salary
is credited to without prior approval from McBro Finance. Mcbro Finance Ltd will not credit loan
amount into any account other than the salary account.
7. The Borrower agrees and makes an undertaking to repay the Total Amount Repayable to McBro Finance
on the Repayment period dates stipulated in this LoanAgreement
8. McBro Finance reserves the right to review the loan facility during the term of loan and may decide not
to provide loans to individuals.
9. Borrower agrees that K20 application fee be deducted from his/her total loan amount and balance be
paid to client’s nominated bank account.
10. The Borrower must ensure that he/she has sufficient NET at least 50% of the NET as take home pay
for their family every fortnight. As such, borrowers will be strongly advised to review their
application.
11. The Borrower agrees and makes an undertaking to bear application cancellation cost which will be
the first deduction of his/her pay.
12. The Borrower agrees that any query relating to reimbursements be addressed within 6months from
the date of actual transaction. BY THE BORROWER
I acknowledge that I have carefully read and understood the terms and conditions of this agreement and agree to abide by the
terms and conditions set out herein.
I agree that this is a personal loan and the account number provided is the true and correct account number where McBro
Finance can credit the proceeds of the loan.
I certify that information provided in this application is true and correct to the best of my knowledge and I will be responsible
for providing incorrect information.

Yes, I agree with the privacy policy and terms and conditions.