Payday Loans

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About This Loan

Payday loans are offered to individuals employed in the civil service and employees of companies with which URI has a Memorandum of Understanding (MoU). The loan amount does not exceed the borrower’s monthly salary.

Fees & Charges

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Application Requirements

  • Valid national identity card (NID)
  • Recent payslip or proof of income (not older than 3 months)
  • Active bank account in Malawi
  • Must be 18 years of age or older
  • Employment letter or contract (where applicable)

How It Works

1. Apply Online
Fill in the secure application form in minutes.
2. We Review
Our team assesses your application within 24 hours.
3. Get Approved
Receive your decision and loan offer quickly.
4. Funds Disbursed
Funds sent directly to your bank account.
Loan Summary
  • Loan Amount MWK 50,000 – MWK 500,000
  • Interest Rate 5.0000% per month
  • Repayment Term 1–1 months
  • Application Free & Online
  • Decision Within 24 hours
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