A fixed term loan involves a pre-arranged limit over an agreed period. Under this type, we provide for loans of UGX550,000 to UGX6-million that can be repaid over 12 to 24months.The repayment amount on your loan may not be more than 30% of your net income.
How to apply
You will need to visit a Stanbic Bank branch to apply. You will need to bring with you proof of:
Minimum requirements for applying
You must have had a bank account into which your salary was paid. You must also have managed the account responsibly with no dishonours.
The account could have been with Stanbic Bank for six months; or with Stanbic Bank for three months and with another bank for three months; or 12 months with another bank.
You will need to provide us with statements of your accounts held at other banks.