Pay-Day Loan

About Pay-Day Loan

The Ascensia Payday Loan is a short-term, salary-backed credit facility designed to provide swift financial relief to salaried individuals facing urgent needs before their next paycheck. Whether it's for unexpected bills, emergency travel, health needs, or temporary cash shortfalls, Ascensia’s Payday Loan helps you bridge the gap with minimal stress and fast approval.

Eligibility Criteria

✔️ Be a confirmed salaried employee
✔️ Must work for a recognized organization or government agency
✔️ Have a functional salary account
✔️ Must have worked for at least 3–6 months in current employment
✔️ Have no history of loan default with other institutions
✔️ Monthly income must meet minimum net threshold (as determined by Ascensia's risk assessment)

Required Documents

✔️ ID Card (National ID, Voter’s Card, Driver’s License, or International Passport)
✔️ Recent Payslip (last 1 or 2 months)
✔️ Employment Letter or Confirmation Letter
✔️ Bank Statement (last 3 months)
✔️ Staff ID Card
✔️ Utility Bill (not older than 3 months)
✔️ Postdated Cheque or Salary Account Mandate Form
✔️ Passport Photograph