Instant Loans
This is extended to members with immediate cash requirements for various purposes.
Features
- Loan amount of 100,000 - 1 million UGX
- Payable in 2 months at a 5% interest rate on a straight line.
- Disbursed through Mobile Money
- Payment can be done through Allotment and cash deposits to SteadFin Bank Account
Plan Benefits
- Swift processing
- Flexible repayment arrangement
- Flexible repayment terms whose amounts are based on the borrower’s earning slip.
- The Loan amount is insured in case of death and permanent disability to the borrower
Requirements
- Available source of income (earning slip to prove grade), business streams (other income sources).
- Completed Loan application form
- Change of allotment (if required)
- Postdated Cheque (loan + interest) for balloon payments
We also offer:
Loans
We offer a variety of loan options to help our members finance their personal and business needs.
Savings Accounts
Our savings accounts are designed to help our members save money for the future.
Insurance
As an added essential insurance service, is to promote the members’ welfare.