Parameter Remark
Purpose For purchase of New Boda
Target Groups Individuals in the age group of 18-50 years having regular income subject to our due diligence
Facility Type Short Term Loan
Limit Max 90% of the cost of the vehicle within our single borrower exposure limit.
Tenor Max 24 Months
Rate of Interest Flat 2% Interest per month or its part.
Disbursement By way of credit/remittance to the account of Dealer
Repayment Monthly Instalments
Down Payment UGX 1,000,000
Documents Required

   National ID/ Passport

   Work permit in case of foreigner

   Driving Permit

   2 Recent Passport size photographs

   Copy of Invoice

   Bank statement of last six months

   Proof of employment

   Guarantor of substantial means

Processing Fee UGX 50,000 (Non Refundable)

Updated on : 1/ 1/ 2018