Apply for a Scheme Loan
Our Scheme Loan is arranged through your employer and the instalments are deducted directly from your salary.
Competitive interest rates
Fixed interest rates
Flexible repayment periods
Free credit insurance
You need to be a salary earner with a minimum net monthly salary of UGX600,000
- Enjoy competitive interest rates.
- No sudden increases because interest rates are fixed.
- You get free credit insurance.
- Longer loan repayment period applies.
- Interest is calculated on a loan-reducing basis.
- Free standing order is set up.
- It is simple to arrange.
- You don’t have to currently bank with Absa Uganda.
*Terms and conditions apply
- Identification document (passport: mandatory for foreign nationals/national ID/driver’s license)
- Letter of undertaking from employer
- Recent payslip
- Passport photo
- Copy of financial card
You might also be interested in
Enjoy a variety of digital channels, personalised features and benefits
Give your savings a real boost by taking up one of our interest-bearing savings accounts.