Loans Products

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

Boda Boda Loan

Group Business Loan

This is a loan product for motorcycle riders who want to aquire and or expand on their business.


Features & Benefits
    - 3.3% Set up fees of loan amount,
    - Stamp Duty is UGX15,000 of loans above 3M



    Calculation of interest; Reducing Balance
Requirements
    - Initial Deposit of UGX 500,000
    - Open an account with OBUL
    - Must have a Rider's permit
    - CRB Search fee of UGX15,000
    - Application fees of UGX20,000
    - Operate from a recognised stage
    - Recommendation letter from your area of residence
    - Recommendation letter from your association
    - Three gurantors(1 from family, 1 from association,1 from your stage)
    - Financial Card