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Enjoy flexible re-payments that fit your financial position.
Secure Loans
Acquire assets, accomplish your goals and move further with secured and unsecured personal loans custom-made to suit your lifestyle. The NCBA secured loans offer you the option to use cash, land, movable assets, Treasury Bills and Bonds and Unit Trusts as collateral.
Key Features
- Minimum net salary of UGX 1,000,000 for residents of Kampala and its environs.
- Minimum net salary of UGX 750,000 for upcountry residents.
- Loan is available in UGX and major foreign currencies.
- Minimum loan amount of UGX 1,000,000 depending on collateral.
- Repayment period of up to 60 months depending on collateral.
- Debt to income ratio must be less than 50%.
- One must have been a customer of NCBA or any other licensed bank for at least 6 months.
Unsecured Loan
For when you need financing for your personal needs, but prefer not to secure the loan with collateral.
Key Features
- Minimum Gross salary of UGX 1,800,000 for residents of Kampala and its environs.
- Minimum Gross salary of UGX 1,500,000 for upcountry residents.
- Minimum loan amount of UGX 1,000,000 and maximum of UGX 150,000,000 or foreign currency equivalent.
- Maximum loan repayment period of up to 84 months.
- Maximum age of 60 years at the end of the repayment period.
- Must have a banking history with a licensed financial institution for at least 6 months.
- Loan is available in UGX and major foreign currencies.
Temporary Overdrafts
Bridge your cash needs when faced with emergencies such as delayed payment.
Our temporary overdraft options include:
- Approvals against uncleared funds i.e. payment against cheques that are not yet cleared.
- Daylight overdrafts i.e. disbursements of funds during the day prior to planned receipt of available funds on the same day.
Key Features
- Overdraft is limited to a maximum of 30 days.
- Maximum limit of up to UGX 20,000,000 on an unsecured overdraft.
- Must have held an account with NCBA Bank for at least a year.
- Available in UGX and major foreign currencies.
- Salary must be channeled through the bank or overdraft must be secured.
- Interest is charged only on withdrawn funds.
Salary Loans
With our competitively priced personal loans, we offer salaried employees a salary loan with flexible payment options to enable them to achieve their financial goals.
With the NCBA Medicare solution, you enjoy:
- High Loan amounts of up to 250M
- Flexible repayment period of up to 72 months
- Competitive interest rates
- No security required
- Available in multiple currencies
- Top up after 6 months
Eligibility
- You must be salaried.
- Your employer’s commitment to remit your salary to the bank for the entire duration of the loan shall be required. We may have to empanel your employer.
- A minimum net pay of UGX500,000 per month for non-scheme
Requirements for Ugandans
- Proof of income (Certified copy of pay slip)
- Letter of Undertaking from employer on company letterhead
- Last 6 months’ bank statements (for new accounts)
- Copy of National ID / Valid passport
- Most recent 3 months’ pay slips
- National ID
- Copy of appointment letter or contract
Requirements for Non-Ugandans
- Proof of income (Certified copy of pay slip)
- Letter of Undertaking from employer on company letterhead
- Last 6 months’ bank statements (for new accounts)
- Copy of National ID / Valid passport
- Most recent 3 months’ pay slips
- Copy of appointment letter or contract
- For Expatriates and Non-Resident Citizens, provide a copy of valid Work Permit or Residence Permit
Getting you over that cash crunch
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