Personal Unsecured Loan
The Personal Unsecured loan is a credit facility customized for salary earners to provide for personal needs.
Product features
- Personal unsecured loan
- Loan amount between UGX 2 million to UGX 350 million
- Interest rate 17%
- Minimum repayment period 6 months
- Maximum repayment period 72 months (6 years)
- Available in UGX & USD
Benefits
- Quick Turn Around Time (24 hours)
- Eligible for top ups
- Zero fees for loan buyouts
- Access to insurance benefits
Requirements
- Completion of Loan Application form
- Letter of Undertaking from the employer
- Copy of National ID
- Payslips for the last 3 months
- Proof of residence (Lc letter/Utility bill)
- Proof of nationality (Passport / Birth certificate) if a foreigner
- Appointment / contract letter
