Are you a teacher employed by the Teachers Service Commission (TSC) looking to apply for a loan through a Sacco or bank?
This guide will walk you through the process of applying for and getting your loan approved online through the TSC Payslip TPay portal.
TSC Loan Application Process and Online Approval
- Get the Loan Application Form
Start by obtaining the loan application form.
You can download it from the TSC website or visit your bank or Sacco office to get a hard copy.
Fill out the form and attach a copy of your National ID.
- Submit Your Application
Once you have filled out the form, submit it along with all required documents to your local bank or Sacco branch for processing and approval.
- Log into the TSC Payslip Portal
Go to the TSC Payslip TPay portal and log in using your TSC number and password.
- Send Your Payslip to Your Bank/Sacco
Once logged in, navigate to the “Third Party Transactions” section and select “Click here to send your payslip.”
In the next window, choose the third-party category as “Bank/Sacco” and the company as “Bank/Sacco.”
Click “Send Payslips” to send your payslip to your bank or Sacco.
- Loan Processing
Your payslip will be received by the bank or Sacco, and the loan application will be processed.
- Loan Appraisal
Once the loan appraisal is complete, you will receive an SMS alert instructing you to log in to the TSC Payslip portal to give your loan consent.
- Give Loan Consent
Log in to the TSC Payslip portal and click on “Confirm Loan.”
Tick the box next to the current loan and click on “Approve Loan.”
The loan status will now show as “Confirmed.”
- Finalize Loan
Notify your bank or Sacco that you have approved the loan on the TSC Payslip portal.
Once confirmed, the loan amount will be deposited into your account, and you will be notified of the deposit.
By following these steps, you can easily apply for and get your loan approved online through the TSC Payslip TPay portal.
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Mr. Weldon Kosgei, a dedicated educator with the Teachers Service Commission (TSC) in Kenya, brings years of experience and a deep love for education to his role at TSCNewsToday.co.ke. He provides insightful and timely updates on TSC policies, educational trends, and best practices, making his articles valuable resources for educators and administrators. Mr. Kosgei’s commitment to enhancing education shines through in his writing, connecting and inspiring the teaching community across Kenya.