Stanbic Bank salary loan

Stanbic Bank Salary Loan

  • Loan Amount: Up to  200m
  • Loan Term: Upto 72 months
  • Interest Rate: (Variable)
  • 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.