Product Features
  • Loan amount ranges from P5, 000 to P500, 000
  • The repayment period is up to 84 Months.
  • Turn around time is 24 - 48hrs
  • You do not need to be an existing BSB customer
  • Gearing: Up to 60% of net salary
  • Min Salary: P 1,800.00
  • Free P 10,000.00 Funeral Cover
Entry Requirements
  • 2 Certified Valid Omang/Passport
  • Recent Payslip – Original
  • Settlement balances of loans to be cleared and loan statements
  • Certified copy of marriage certificate. ID of spouse and consent letter from spouse
  • Loan settlement Balance & Loan statement of loan to be cleared
  • If on contract, letter stating when term starts & ends
  • Confirmation letter if employed stating confirmation of residence
  • Certified recent 6 months bank statement which includes 6 salaries
  • Interest ranges from Prime +9% to 12.75%
  • Loan Arrangement Fee 1% of Loan Amount [Min P600- Max P1200]
How do I apply for an Lecha Personal Loan?
Step 11

Step 1

Confirm with the bank on how much you qualify for.
Step 22

Step 2

Fill and sign application forms or fill in the form online. Please download supporting documents.
Step 33

Step 3

Submit the signed forms together with account opening documents at a BSB consultant for processing. A transactional account is mandatory for loan processing.
Step 44

Step 4

After 2 working days a loan will be approved and funds transferred into your transactional account.
Have any questions ?
1 Is Lecha the only loan offered by BSB?
No. BSB offers other loans such as Motor Vehicle and Residential Property Guaranteed Loans. Which are offered to Government Employees and Qualifying Parastatals.