Salary Loan
Product Features
- Salary loans of up to UGX 500M
- A dedicated Relationship Manager
- Fixed interest rates
- Affordable loan processing fees
- Free financial education seminars
- Manageable repayment installments
- Flexible loan top up terms.
Benefits
- Loan repayment periods of up to 5 years and secured Salary loans up to 10 years
- Loan processed within 24 hours
- Friendly Interest rates charged on reducing balance
- Access to your account using your phone with CenteMobile
- Access to over 171 Centenary Bank ATMs, Visa enabled ATMs and interswitch banks
- SMS alerts on every transaction made on the account.
Requirements
- Current or Savings Bank account.
- Completed loan application form
- Income Earner (Salary Or Pension)
- To be a resident in the branch’s area of operation
- Undertaking from the employer to inform the bank on any changes to employment status
- Permanent employment for at least a year
- At least 2 salary payments made to the account
- A copy of the appointment letter