Government Salary Loans
Opportunity Bank Uganda Ltd offers Salary Loans specifically tailored for civil servants in Uganda. These loans are designed to provide financial assistance to civil servants who require short-term funds for various purposes.
Features
- Loans to Government Employees
- Loan Amount: UGX 200,000 - UGX 30,000,000
- Loan duration: 6 - 60 Months
- Repayment Frequency: Monthly
Requirements
- Set Up Fees 3.3% of the Loan Amount
- Free Insurance
- No Application Fees -CRB Search fees UGX 15,000
- Stamp Duty UGX 15,000 for loans above UGX 3M
- Securities: Appointment Letter / Confirmation Letter, National ID, Bank Statement (3 Months), Current Payslip
- Interest rate : Reducing Balance