Different types of loan options provide various options for consumers and businesses to better manage their financial situation. Loan types vary because each loan has a specific intended use, adapted to the need and capability of the lender.
How to get Personal Loans in Nigeria
Are you looking for a bank that gives personal loans easily? Look no further when you need constant cash support, month in and month out, UBA offers longer-tenure credit; flexible payment plans, and lower equity on loans that fit your needs in a timely manner.
Personal loan is an uncollaterised loan accessible to staff of approved companies, whose salary accounts are domiciled with UBA. You can access loans of up 30 million naira at competitive rates if you are an employee of a private firm; or 20 million Naira if you work with the civil service, and pay back over 36 months. It is fast and convenient to access this loan; deposit and invoices are not required.
Get instant personal loan in Nigeria with UBA Click Credit. You can get up to N5 million in a minute at a fair interest of 1.58% monthly and pay back in 12 months with UBA’s Click Credit. Solve issues such as house rent, unexpected medical bills, school fees or a much-needed upgrade. Without paperwork you can access this loan, just dial *919*28#. Click Credit is also available on all our digital platforms (Leo, Internet Banking and Mobile Banking).
Young Entrepreneur Finance Scheme (YEF)
This product offers loans of up to $50,000 to young entrepreneurs who are at least 18 years old with vibrant and bankable business ideas and who require capital to finance and grow their small and medium scale businesses.
UBA School Loans
We offer medium to long-term loans aimed at meeting working capital, asset and mortgage needs of registered privately owned schools. The offer comprises of a 4-month time loan, a 3-year asset finance loan and a 10-year mortgage loan.
This credit facility gives you the option to own assets without saving for years. As an employee in the public or private sector, you can access UBA’s Asset Financing at competitive interest rates and convenient terms of payment. To qualify you should be able to provide the minimum equity contribution of 20% of the cost of the asset and provide the funds to cover the insurance cost.
Owning a home of your dreams can be a reality with UBA Home Mortgage options. Whether you are planning to buy a land and build later, or commence construction, buy an already developed home or refinance an existing mortgage, UBA offers great options here. Visit https://www.ubagroup.com/nigeria/mortgages/ to find out if you qualify for a mortgage.