Group Loans

The loan is developed for the economically active customers in rural areas with no individual collateral, like Women groups, to mention but a few

Benefits

  • Attractive interest rates
  • Flexible repayment period of up to 12 months
  • Top up loans are available
  • No collateral required
  • Small weekly installments
  • Insurance cover in case of death or injury
  • Networking opportunities
  • No penalty charges on early repayments
  • Competitive interest rates
  • Access to PBU services at selected Branches
  • Loan graduation for the best Performing groups

Basic benefits

  • The group and the individual members must have an account with PostBank Uganda
  • A valid group and members address
  • Introduction letter for the group by the area LC1
  • Proper documentary identification of group members e.g Village I.D, Voters card, Driving permit
  • Individuals or group must declare Source of income
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