Personal Loan
Centenary Bank
CenteSalary Loan
A quick and convenient loan for salaried employees with competitive interest rates.
Features
- Loan amounts up to 15 times monthly salary
- Repayment period of up to 60 months
- Quick approval process
- No collateral required for amounts below UGX 30 million
Requirements
- Salary account with Centenary Bank or confirmed salary transfer
- Minimum 6 months employment with current employer
- Valid ID (National ID, Passport, Driving License)
- Recent payslips
- Employment confirmation letter
Fees & Charges
- application FeeUGX 20,000 to UGX 50,000
- arrangement Fee2% of loan amount
- insurance0.45% to 1.75% of loan amount
Interest Rate
Rate18-22%% per annum
Rate depends on employer relationship with the bank and loan term
Why Choose This Product
- 1Quick approval within 48 hours
- 2Flexible repayment terms
- 3No collateral required for smaller loans
- 4Competitive interest rates
Quick Summary
Target Customer
Salaried employees
Interest Rate
18-22%% per annum
Key Fees
- application FeeUGX 20,000 to UGX 50,000
- arrangement Fee2% of loan amount
- insurance0.45% to 1.75% of loan amount
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