Kyapa Loan

Take advantage of the equity in your property to finance personal/ business needs. The maximum loan is up to 300 million shillings not exceeding 60% of the property value and its payable in a maximum period of 10 years.

Benefits of the kyapa loan:

  • Customers will be able to secure their land through acquisition of titles
  • Access to other bank products using acquired titles as security

Other Benefits:

  • Long repayment period of up to 20 years
  • High loan amounts of up to 80% of the loan value
  • Loan repayments of up to 35% of your ascertainable gross income
  • Loan payable on a reducing balance basis in predictable equal monthly installments
  • Competitive interest rate

Pre-application check list

  • Copy of a valid land title
  • Copy of approved building plans
  • Bills of quantities of the outstanding work (in case of construction)
  • Photographs of at least four elevations of the building
  • Copy of a sale agreement (in case of purchase)
  • Environmental impact Assessment report from National Environmental Authority ( NEMA) for projects of UGX 1 billion and above

What you need to get started (Salaried Persons)

  • Proof of borrower’s income i.e. Letter from employer, pay slips for the last 2 months or a Bank statement for the last 12 months
  • Completed application form
  • Copy of financial card, valid ID and passport photos
  • Spousal consent or statutory declaration for marital status
  • Certified copies of Company founding documents (in case of self-employed applicants)

What you need to get started (Self Employed Persons)

  • Companies have to present audited financial statements, certificate of incorporation, memorandum and articles of Association, copy of Form 7 and a Bank statement of 2 years
  • Sole proprietorship need certificates of registration and Bank statements for 2 years
  • Completed application form
  • Copy of financial card, valid ID and passport photos
  • Spousal consent or statutory declaration for marital status
  • Certified copies of Company founding documents (in case of self-employed applicants)

Visit a branch

Visit us at one of our many branches across Uganda.

Find a branch

Call us

Phone: +256 414 259 651
Phone: +256 414 259 652

You might also like

Equity Release

COMMERCIAL MORTGAGE

GROWING HOUSE LOAN

HOME LOAN