Equi Vuga Loan
Equi Vuga Loan
- Loan Amount : Up to UGX 300m
- Loan Term : Up to 60 months
- Interest Rate: (Variable)
- Loan amount is based on the customer’s ability to pay.
- Loan Period is up to 60 months (5 years) for second hand vehicles and up to 120 months (10 years) for brand new vehicles.
- Financing Margin – up to 100% financing.
- Three original latest payslips
- 2 Copies of the ID & PIN certificate
- An Introduction/Appointment/Confirmation letter from the employer
- Duly signed authorization forms
- Duly completed loan application and appraisal form
- Pro forma Invoice / Sale Agreement
- Valuation Report
- Original Log Book
- Bank must have MOU with the customer’s employer.
- Ability to effect loan deductions on check-off.