The purpose of the SME Business loan is to finance legal business undertakings for amounts exceeding 50 million to both individual and non-individual entities.

  1. Flexible repayment terms.
  2. Top up loans available.
  3. Competitive interest rates
  4. Accessible from any of our countrywide branch network.
  5. Fast Turn Around Time
  6. Flexible collateral requirements.
  1. Minimum Amount -UGX 50,000,001/-
  2. Max Amount
  3. Loan tenure of up to 60 months
  4. Application Fees of up to 50,000.
  5. Processing Fees-up to 2%
  6. Interest rates as per prevailing pricing grid.
  1. Applicant must be engaged in a revenue-generating business activity.
  2. Hold a Post Bank account.
  3. Present bank statements to the bank officer for both individual and non-individual borrowers.
  4. Where the borrower is a registered entity such as a Company, Partnership, Sole proprietorship or otherwise, it shall provide all documentation related to its legal ownership, management, and authority to borrow. These may include Certificates of incorporation/Registration, Memorandum & Articles of Association/ partnership deed/ By-laws/constitution, Resolutions to borrow, etc.
  5. Where the borrower is a company, audited accounts shall be mandatory irrespective of the amount.
  6. Where the borrower is government-owned, there should be evidence of approval to borrow from the line Ministry and the Institution’s(borrower) Board of director.
  7. Site Visits to both business and collateral are mandatory.
  8. Business area of operation should be within a radius of 50 Kms.
  9. Exceptions to provision of audited books of accounts will be allowed depending on nature of activity to be financed.
  10. Sufficient Collateral as per bank’s approved credit policy.
  11. Applicant shall not have any NPA from any financial institution.