Managing Loans: How Co-op Internet Banking is Helping Kenyans

File image of Kenyan banknotes
File image of Kenyan banknotes
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Many Kenyans take loans to help them move closer to their financial goals.

The hectic repayment process, however, sometimes erodes the benefits offered by the loan itself.

For whatever reason one might be servicing a loan, it is important to make it as hassle-free as possible.

Understanding your loans and managing them in the context of one's broader financial situation usually portends a challenge for many.

With solutions such as Co-op Bank's Internet Banking, one need not worry.

A man working using a laptop. Following the Covid-19 outbreak, working from home is the new normal
An individual using a laptop
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The service offers a comprehensive tool to track and manage your loans.

An intuitive interface offers an overview of active loans.

Transactions and balances are listed chronologically, helping users keep track of their repayment timelines.

From one page, one can see their upcoming payments and due dates, all alongside more information on their bank accounts.

With the service, users are able to take control of their finances; ensuring loan repayments don't affect one's overall financial situation.

This is important as people servicing loans still have several other responsibilities; often providing for themselves and their families.

Importantly, Co-op Bank Internet Banking offers so much more than the ability to easily track and repay your loans.

It essentially provides a hub allowing you to move your most important transactions to the digital sphere.

From sending money between accounts to transferring funds to your own M-Pesa account, it makes visiting banking halls a thing of the past.

The service offers detailed statements and auto-generated reports that allow customers to keep track of their expenditures.

One is also notified of transactions on their account, with updated logs available in real time.

From a single platform, customers manage their accounts, loans and investments.

Sign up for Co-op Internet Banking today to harness the full power of a new financial universe.

A photo of a Co-op Bank Kenya branch in Nairobi
A Co-op Bank Kenya branch in Nairobi
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