Personal Loan
Stanbic Bank
Salary Loan
A quick and convenient loan for salaried employees with competitive interest rates and flexible repayment terms.
Features
- Loan amounts up to 15 times monthly salary
- Repayment period of up to 72 months
- Quick approval process
- No collateral required
- Flexible repayment options
Requirements
- Salary account with Stanbic Bank
- Minimum 6 months employment with current employer
- Valid ID (National ID, Passport, Driving License)
- Recent payslips
- Employment confirmation letter
Fees & Charges
- arrangement Fee2% of loan amount (minimum UGX 60,000)
- insurance1% of loan amount
- early Settlement Fee5% of outstanding balance
Interest Rate
Rate17-21%% per annum
Rate depends on employer relationship with the bank and loan term
Why Choose This Product
- 1Quick approval within 24 hours
- 2No collateral required
- 3Competitive interest rates
- 4Flexible repayment terms
Quick Summary
Target Customer
Salaried employees
Interest Rate
17-21%% per annum
Key Fees
- arrangement Fee2% of loan amount (minimum UGX 60,000)
- insurance1% of loan amount
- early Settlement Fee5% of outstanding balance
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