Stanbic Bank salary loan
Stanbic Bank Salary Loan
- Loan Amount: Up to 200m
- Loan Term: Upto 72 months
- Interest Rate: (Variable)
- Features
- Eligibility
- Charges
- Best Interest rates in the market.
- Unsecured loan amounts up to Ugx 200 million
- Flexible repayment period up to 72 months.
- Insurance cover (no liability in case death, permanent disability and retrenchment).
- Access funds conveniently through our digital channels i.e. internet banking.
- You must have an account with Stanbic
- Must receive a monthly salary.
- For non-Ugandans; you must be living in Uganda with valid residency permit and or work permit.
- Should earn a minimum net monthly income of Ugx 150,000.
- Must be 21 years or older (but not older than 60 years on expiration of the facility).
- A financial card
- National ID
- Regulatory fees: Stamp duty of Ugx15,000 for loan amounts greater than Ugx3Million.
- Bank loan arrangement fees: 2% of loan amount.
- Credit Life insurance:Flat monthly insurance charge of 0.13% of the outstanding loan amount.