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