Salary Earners Scheme Non Guaranteed
Salary loans not guaranteed by employer. The repayment amount on your loan may not be more than 50% of your net income. • Tenor 12-60months • Min loan amount: UGX 500k • Max loan amount: UGX 60M for silver , 120M for Executive and 150M Private Banking customers
What does it offer me?
- Attractive interest rates given at scheme level
- Personal loan protection plan to cover death or total disability
What Do I Need To Apply
• Letter of undertaking
• Valid Identity card (passport, driver’s license, work identity card)
• Financial card
• Sketch map of the place of residence
• NSSF card for private employed companies or Validation card for Government employees.
• You must be 18 to 60 years old for all other professions but up to 70years for university lecturers and judges.
• You must have been in continuous employment for at least six months.
• Your net salary must be at least UGX 150,000 for Government employees and UGX 350,000 for Non-Government employees.