Airtel Money (Airtel-HFB)
High Daily Interest Rate
Airtel QuickLoan charges 1% interest per day, which equates to approximately 30% per month or 365% per year. This is significantly higher than traditional loans. Consider this loan only for very short-term emergency needs.
Airtel QuickLoan is a short-term microloan product offered through Airtel Money in partnership with Housing Finance Bank (HFB). It provides instant top-up loans to complete transactions when your wallet balance is low, offering credit at the point of purchase.
The product is designed for emergency financial needs and short-term cash flow gaps for existing Airtel Money customers. Loan amounts vary based on your usage history and repayment behavior.
Interest Rate
1% per day (~30% monthly, ~365% APR)
Loan Amount
Varies by user profile (typically UGX 5,000 - 500,000)
Loan Tenure
15 days
Processing Fee
2% application fee
Customer Care
100 (Toll-free from Airtel)
Alternative Number
0312 330 330
Use our calculator to estimate your total repayment amount for an Airtel QuickLoan.
Monthly Payment
USh 0
Total Interest
USh 0
Total Payment
USh 0
This calculator provides estimates only. Actual loan terms may vary based on credit history, additional fees, and lender policies.
Note: This calculator provides an estimate based on the 1% daily interest rate for 15 days (approximately 15% total). Actual amounts may vary.
Before taking a high-interest mobile money loan, consider these alternatives that may offer better terms:
If you have a regular salary, bank salary loans typically offer much lower interest rates (16-18% p.a.) and longer repayment periods.
View Bank Salary LoansSavings and Credit Cooperatives (SACCOs) often provide loans at competitive rates to members who have been saving with them.
Explore SACCOsSome employers offer salary advances or emergency loans to employees at low or no interest, which can be a better option for short-term needs.