A long-term personal loan tied to salary with flexible repayment options and insurance cover for death/disability.
16% (flat rate)
UGX 150,000 - 350,000,000
Up to 96 months (8 years)
2% arrangement fee + UGX 15,000 stamp duty on loans >3M
The Stanbic Bank Salary Loan is designed for salaried individuals looking for a convenient way to access funds for personal needs. This loan offers competitive interest rates, flexible repayment terms, and quick approval processes.
With approval times under 2 minutes for digital applications, this loan provides fast access to funds when you need them most. The loan comes with built-in insurance coverage for death or disability, giving you peace of mind.
Use our calculator to estimate your monthly repayments based on your desired loan amount, interest rate, and tenure.
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.
Yes, Stanbic Bank allows early repayment of salary loans. However, there may be early settlement fees applied. Contact your branch for specific details on early repayment terms.
The interest is calculated on a flat rate basis of 16% per annum. This means the interest is calculated on the initial loan amount throughout the loan term, regardless of the reducing balance.
Yes, Stanbic Bank offers top-up options for existing salary loans, subject to eligibility criteria and your repayment history. You typically need to have repaid at least 30% of your current loan before qualifying for a top-up.
If you change employers during your loan term, you should notify Stanbic Bank immediately. You'll need to provide documentation from your new employer and ensure your salary continues to be channeled through your Stanbic account to maintain the loan agreement.
Need help?
Call 0800 250 250
With digital approval in under 2 minutes, you can access funds quickly when you need them most.
Stanbic Bank offers competitive interest rates compared to other financial institutions in Uganda.
Built-in insurance coverage protects you and your family in case of death or permanent disability.
The information provided on this page is for general informational purposes only and is based on our research as of 2025. While we strive to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the information contained on this page. Any reliance you place on such information is therefore strictly at your own risk. Always verify the latest terms, conditions, and interest rates directly with Stanbic Bank before making any financial decisions.
