Loans

Personal, business and home financing with flexible terms, and attractive rates.

SME Business Loan

Loan

This is a Savings Account Designed for you to have easy access to loans and unlimited access to your funds 24/7 via over-counter withdrawals, ATMs, Mobile Banking and Agent Banking. It comes with an ATM card.


Features & Benefits
    Loan Amount: Above UGX 20,000,000-UGX 1,300,000,000
    Loan Duration: 3-24 Months
    Repayment Frequency: Monthly, Quarterly, Termly

    __Charges: __
    - Set Up Fees 3% of the Loan Amount
    - Insurance fees 1.3% of the Loan Amount
    - Application Fees 20,000 for loans up to UGX 50M and 50,000 for loans above 50M payable at application
    - CRB Search fees UGX 15,000 payable at application
    - Stamp Duty UGX 10,000 for loans above UGX 3M

    __Securities:__
    A combination or two or more of the following: Fixed Deposits, Chattels, Motor Vehicle log books, Land titles and agreements, Debentures for companies, Guarantors Interest rate calculation method: Reducing Balance
Requirements
    - Valid National ID
    - 1 Passport Size Photo

Individual Business Loan

Loan

This is a Savings Account Designed for you to have easy access to loans and unlimited access to your funds 24/7 via over-counter withdrawals, ATMs, Mobile Banking and Agent Banking. It comes with an ATM card.


Features & Benefits
    Loan Purpose: For Working Capital
    Loan Amount: UGX 500,000 - UGX 20,000,000
    Loan Duration: 3-24 Months
    Repayment Frequency: Monthly, Quarterly, Termly

    __Charges:__
    - Set Up Fees 3% of the Loan Amount
    - Insurance fees 1.3% of the Loan Amount
    - Application Fees 20,000 for loans upto UGX 20M payable at application
    - CRB Search fees UGX 10,000 for Loans below UGX 1M and UGX 15,000 for Loans above UGX 1M payable at application
    - Stamp Duty UGX 10,000 for loans above UGX 3M

    __Securities:__
    A Combination of two or more of the following: Fixed deposits, Chattels, Motor Vehicle log books, Land titles and agreements, debentures of companies, Guarantors Interest rate calculation method: Reducing Balance
Requirements
    - Valid National ID
    - 1 Passport Size Photo

Group Business Loan

Loan

This is a Savings Account Designed for you to have easy access to loans and unlimited access to your funds 24/7 via over-counter withdrawals, ATMs, Mobile Banking and Agent Banking. It comes with an ATM card.


Features & Benefits
    Loan Purpose: For Working Capital
    Loan Amount: UGX 100,000-UGX 5,000,000
    Loan Duration: 3-12 Months
    Repayment Frequency: Weekly, Fortnightly
    Charges:
    - Set Up Fees 1% of the Loan Amount
    - Insurance fees 1.3% of the Loan Amount
    - Application Fees 5,000 for loans below UGX 2M and 10,000 for Loans UGX 2M and above payable at application
    - CRB Search fees UGX 10,000 for Loans below UGX 1M and UGX 15,000 for Loans above UGX 1M payable at application
    - Stamp Duty UGX 15,000 for loans above UGX 3M Securities:
    - LSF OF 15% - 20%,
    - Group Guarantee
    - Other Collateral like land, Chattels and Log Books Interest rate calculation method: Flat

    Securities: LSF OF 15% - 20%, Group Guarantee, Other Collateral like land, Chattels and Log Books
Requirements
    - Valid National ID
    - 1 Passport Size Photo