Back Office Service Activity (BOSA) deals with non-withdrawable savings and allows members to borrow against their savings, at very competitive interest rates.
1. Salary Advance
- One should channel the salary through FOSA for at least one month.
- Repayable in one month
- Security salary.
2. Special Salary Advance
- One should channel the salary through FOSA for at least one month.
- Repayable in 3 months
- Security salary.
3. Salary Jipange Loan
- One should channel the salary through FOSA for at least 3 months.
- Repayable in 6 months
- Security guarantors
4. Non-Check Off Loan
- One should channel the salary through FOSA for at least one month.
- Repayment period is within12 months
- One should be an active BOSA and FOSA member.
- Security guarantors.