Loans

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

Zimba Loans

Individual

For the purpose of building or renovation of home or rentals.


Features & Benefits
    Loan Amount: UGX 500,000 - UGX 20,000,000
    Loan duration: 3 - 36 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 appication,-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
    -

Group Zimba Loans

Loans

For building and renovation of properties.


Features & Benefits
    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 appication,-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
Requirements
    Valid ID