UBA Kenya Loan- All You Need To Know

UBA Kenya loan is an unsecured personal loan that is designed to help customers meet their personal finance goals by providing them with access to affordable loans. The loan product offers competitive interest rates and flexible repayment terms, encouraging customers to take control of their finances.

What you need to know about UBA Kenya loan

UBA, a leading provider of a wide range of financial services in Kenya, is focused on delivering a highly personalized customer experience. The full name for the abbreviation is United Bank for Africa Kenya limited and is a commercial bank in Kenya. The Central Bank of Kenya, the central and national banking regulator, licenses and supervises it. Visit the website to find out more about the array of financial services they offer across Personal, asset finance and mortgage loans.

UBA Kenya will always offer you loans to suit your needs, whether you are looking to buy a car, motorcycle or even houses. Loans are available for any purpose you have in mind, within the limits. It also extends loans to small businesses on easy repayment terms.

How do I apply for a UBA Kenya loan online?

Learn more about your UBA Kenya loan online application process. Simple steps to complete medium to long term loan requirements. The steps are below:

1. Login to their website
2. Locate the “Personal” tab and see the “loans and payments” link and click on it.
3. Select the type of loan products you want
4. Fill the form below it and supply all personal and necessary information like your name, phone numbers, location and loan request type, etc
5. Wait for further response 
6. Get your loan

Or

You can apply offline by visiting their office and filling the hard copy of the loan application form. Then wait for approval and disbursement. 

4 UBA Kenya loan products

Looking for a personal loan that won’t put your credit score at risk? At UBA Kenya, they will provide you with the best possible financial services tailored to suit your needs. Contact them online or offline to get the best loan that suits your needs. Below are the various loan products:

1. Hakuna Matata loan/personal unsecured loan
2. Asset finance
3. Mortgage loan and
4. Salary overdraft

Hakuna Matata/Personal unsecured loan

At UBA, they take an innovative approach to solving our members’ financial problems by providing personal loans. Through extensive research and rigorous testing, they designed the UBA Kenya Hakuna Matata loan to be the first of its kind – a loan specifically tailored to the Kenyans to solve personal and emergency needs. You can borrow up to ksh. 5,000,000 with interest of 13% per annum, which is payable in 60 months.

Benefits 

• You do not need to pay a deposit or invoice
• Processed quickly, easily, and conveniently
• A convenient repayment schedule
• The availability of competitive interest rates

Target Audience

• Applicants must be confirmed by employees of either a public or private organization.
• Those whose salaries have been paid through UBA for at least three months.

Asset finance 

UBA Kenya avails opportunities for individuals to own assets they have longed for. They believe that this loan is putting more money in the hands of more people by offering flexible repayment terms; it gives borrowers options on how they want to repay their loans, allowing them to make regularly scheduled installments that fit into their monthly budgets. UBA Kenya loan helps customers achieve their dreams today, while building for tomorrow.

Moreso, you can get finance up to Ksh. 5,000,000 with 90% financing which is payable in 60 months for new cars and 70% financing repaid in 36 months for used cars. Enjoy also a flexible repayment schedule on insurance premium cover for up to Ksh. 5,000,000 for a maximum of 10 months.

Benefits 

• Has a suitable repayment terms
• Makes it possible to get your hands on an asset without saving for a long time
• Comparable interest rates.

Target Audience

• Employees confirmed by reputable public or private sector organisations
• Employees whose salaries must be paid through UBA for at least one month
• Account holders at UBA Kenya
• Businesses that have been operating for at least a year.

Flexible Mortgages

UBA Kenya is a mortgage provider in Kenya focusing on providing finance to high net worth individuals. Your dream home could be yours for ksh. 25,000,000 which is payable in 15 years, with up to 70% Forced Sale Value (FSV).

UBA Kenya equity release program also provides up to 50% of FSV for purchase of land and untitled properties, medical bills, and school fees.

Salary overdraft

UBA Kenya loan gives you a salary overdraft to employers. You can get up to Kes. 300,000 or 50% of your net salary to sustain you for the month before the pay day. It is available to only UBA customer account holders with up to 3 month account operations. 

How to contact UBA Kenya loan 

You can contact them via email @cfckenya@ubagriuo.com or through their phone number @ +254 711 027 099. If you wish to visit their office, locate them at the 1st floor, Apollo centre, Westlands, Nairobi, Kenya.

Many loan options abound in Kenya. Some of them include Watu kenya loans, Letshego, Pesazone, Loanbee amongst others.

Conclusion 

The UBA Kenya loan is a simple, hassle-free way to borrow according to your capital. 100% of the proceeds of the loan go directly to the borrower for small business or personal use, on property or equipment. It works like this: you decide on the amount you want to borrow and the term you wish to repay. They will keep it simple by giving you one repayment of principal and interest of 12 or 36 monthly installments.