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Personal Loans in Uganda

Compare personal loans from banks, SACCOs, and other financial institutions in Uganda.

All loan providers are regulated by the Bank of Uganda. Always read the terms and conditions before applying.Learn more

Top Picks

Stanbic Bank
Stanbic Personal Loan

Stanbic Bank

Lowest Rate
Flexible personal loans with competitive interest rates for salaried individuals.
Interest Rate:
17% - 19% p.a.
Loan Amount:
UGX 500,000 - 250,000,000
Tenure:
6 - 60 months
Centenary Bank
Centenary Personal Loan

Centenary Bank

Fast Approval
Quick personal loans with minimal documentation requirements.
Interest Rate:
18% - 20% p.a.
Loan Amount:
UGX 300,000 - 100,000,000
Tenure:
3 - 48 months
Absa Bank
Absa Personal Loan

Absa Bank

Longest Tenure
Flexible personal loans with quick approval for salaried individuals.
Interest Rate:
17.5% - 19.5% p.a.
Loan Amount:
UGX 1,000,000 - 250,000,000
Tenure:
6 - 72 months
Stanbic Bank
Stanbic Personal Loan

Stanbic Bank

Lowest Rate
Flexible personal loans with competitive interest rates for salaried individuals.
Interest Rate:
17% - 19% p.a.
Loan Amount:
UGX 500,000 - 250,000,000
Tenure:
6 - 60 months

Requirements:

  • Valid ID
  • Proof of income
  • 6 months bank statements
  • Employment letter
Centenary Bank
Centenary Personal Loan

Centenary Bank

Fast Approval
Quick personal loans with minimal documentation requirements.
Interest Rate:
18% - 20% p.a.
Loan Amount:
UGX 300,000 - 100,000,000
Tenure:
3 - 48 months

Requirements:

  • Valid ID
  • Proof of income
  • 3 months bank statements
Equity Bank
Equity Salary Loan

Equity Bank

Salary-based loans with flexible repayment options for employees.
Interest Rate:
19% - 21% p.a.
Loan Amount:
UGX 500,000 - 150,000,000
Tenure:
6 - 60 months

Requirements:

  • Valid ID
  • Proof of income
  • 6 months bank statements
  • Employment letter
DFCU Bank
DFCU Personal Loan

DFCU Bank

Customizable personal loans for various needs with competitive terms.
Interest Rate:
18% - 20% p.a.
Loan Amount:
UGX 1,000,000 - 200,000,000
Tenure:
12 - 60 months

Requirements:

  • Valid ID
  • Proof of income
  • 6 months bank statements
  • Employment letter
Absa Bank
Absa Personal Loan

Absa Bank

Longest Tenure
Flexible personal loans with quick approval for salaried individuals.
Interest Rate:
17.5% - 19.5% p.a.
Loan Amount:
UGX 1,000,000 - 250,000,000
Tenure:
6 - 72 months

Requirements:

  • Valid ID
  • Proof of income
  • 6 months bank statements
  • Employment letter
Wazalendo SACCO
Wazalendo Personal Loan

Wazalendo SACCO

Best for Members
Affordable loans for SACCO members with lower interest rates than banks.
Interest Rate:
14% - 16% p.a.
Loan Amount:
UGX 100,000 - 50,000,000
Tenure:
6 - 48 months

Requirements:

  • SACCO membership
  • Savings history
  • Valid ID
  • Guarantors

Personal Loan Calculator

Calculate your monthly repayments based on loan amount, interest rate, and tenure.

Personal Loan Tips for Ugandans

Compare Total Cost

Look beyond the interest rate and consider processing fees, insurance, and other charges to understand the total cost of the loan.

Check Eligibility

Ensure you meet all requirements before applying to avoid rejection, which could affect your credit score with Ugandan credit bureaus.

Consider SACCOs

SACCOs often offer lower interest rates than banks for personal loans, especially if you've been a member for some time.