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Stanbic Car Loan (Logbook Loan)

Secured auto loan against your car logbook with quick 24-hour approval

Bank of Uganda Regulated
Stanbic Bank

Stanbic Bank Uganda

Stanbic Bank Uganda is a leading financial institution in Uganda, offering a wide range of banking products and services to individuals and businesses.

Commercial Bank
Est. 1906
Part of Standard Bank Group

Loan Overview

Key Features

Low monthly payments

Competitive interest rates with flexible repayment options

Quick 24-hour approval

Fast processing time to get you the funds you need quickly

Insurance packages available

Optional comprehensive insurance coverage for your vehicle

Continue driving your car

Keep using your vehicle throughout the loan period

Loan Details
Interest Rate:Variable (Prime rate + margin)
Loan Amount:Up to UGX 50,000,000
Tenure:Up to 36 months
Processing Fee:2% arrangement fee
Security:Vehicle logbook
Disbursement:Within 24 hours of approval

Eligibility & Requirements

Who Can Apply

Vehicle owners

Must own the vehicle and hold the logbook

Age requirement

Between 23 and 70 years old

Down payment

Minimum 20% of the vehicle value

Income requirement

Stable income source to support loan repayments

Required Documents

Identification

National ID, passport, or driver's license

Vehicle documents

Original logbook, vehicle registration, and insurance

Proof of income

Bank statements, payslips, or business financial statements

Proof of residence

Utility bill or tenancy agreement

Application Process

  1. 1

    Visit a Stanbic Bank branch

    Visit your nearest Stanbic Bank branch with your vehicle and required documents.

  2. 2

    Vehicle inspection

    The bank will arrange for a professional inspection of your vehicle to determine its value.

  3. 3

    Submit application

    Complete the loan application form and submit it along with all required documents.

  4. 4

    Loan approval

    The bank will review your application and notify you of the decision within 24 hours.

  5. 5

    Loan disbursement

    Once approved, the loan amount will be disbursed to your Stanbic Bank account.

Repayment Options

Standing Order

Set up automatic monthly payments from your Stanbic Bank account.

Mobile Banking

Make payments through the Stanbic Bank mobile banking app.

Branch Payments

Visit any Stanbic Bank branch to make your monthly payments.

Internet Banking

Make payments through Stanbic Bank's online banking platform.

Frequently Asked Questions

Loan Calculator

Use our loan calculator to estimate your monthly repayments based on loan amount, interest rate, and tenure.

Loan Calculator
Calculate your monthly loan repayments
USh 10,000,000
18%
36 months

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.

Ready to Apply?

Visit your nearest Stanbic Bank branch with your vehicle and required documents to apply for a car loan.

Visit a Branch

Stanbic Bank Head Office

Crested Towers, 17 Hannington Road, Kampala

Opening Hours

Monday to Friday: 8:30 AM - 5:00 PM

Saturday: 9:00 AM - 1:00 PM

Need Help?
Our financial advisors are ready to assist you

Free consultation

Get expert advice on choosing the right loan for your needs

Document assistance

We can help you prepare all required documentation

Application support

Step-by-step guidance through the application process

Contact an Advisor