Maximum Loan

14% p.a.

Maximum Loan

Description

Premium loan product requiring 50% savings deposit with higher interest rate.

Maximum Loan Amount UGX 100,000,000
Interest Rate 14% per annum
Interest Calculation Flat Rate
Maximum Loan Period 1 Year(s)
Repayment Frequency Monthly
Minimum Savings Deposit 50%
Processing Fee 1%
Penalty on Default 9%
Insurance Fees 1%
Security Requirements Fixed Asset Business plan valid contract; post dated cheque
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