Nigeria
Benin
Burkina Faso
Cameroon
Chad
Congo Brazzaville
RDC
Cote d'ivoire
Gabon
Ghana
Guinea Conakry
Kenya
Liberia
Mocambique
Senegal
Sierra Leone
Tanzania
Uganda
Zambia
France
U. S. A.
Mali
UK
Overdraft
A short term facility that allows you overdraw a maximum amount of N3 million on your current account for up to 6 months
Convenient terms of repayment
You repay only 5% of the amount borrowed every 30 days when your salary is paid.
Benefits of Overdraft
- By having to repay 5% every month till the end of the 6 months tenor when you have to repay the total outstanding, you are assisted in managing your finances.
- Gives you the money you need when you do not have sufficient funds in your account.
- Considerate, structured and convenient terms of repayment
- Competitive interest rate
Target Audience
- Executives, partners and middle level management staff of reputable organisations in the private or public sector who are confirmed and earn an after tax annual income of N5million
- Individuals whose salaries must have been paid through UBA for at least 3 months
- UBA account holders
- Individuals who do not have a history of returned cheques due to insufficient funds
How To Apply For Overdraft
- Complete a UBA Consumer Loan Application form which you may download online or pick up from any of our branches.
- Submit your application to the Customer Service Officer in your branch
