0 votes
in HELB Loan by
When is the right time to start paying the kshs.1500/= to avoid the kshs.5000/= monthly fine?

1 Answer

0 votes
by (60.6k points)
HELB begins levying a monthly fine of Ksh. 5,000 to any beneficiary not servicing their loan in the start of the financial year, one year after graduation or completion of studies.

HELB Financial year starts in 1stJuly.

For instance if you graduated in December 2015, they will start fining you in July 2017.
Welcome to Kenyayote Q&A, where you can ask questions and receive answers from Kenyayote staff and other members of the community.

Before you ask, search the website to make sure your question has not been answered.
If you are ready to ask, provide a title about your question and a detailed description of your problem.