How To Apply For UBA Salary Advance

United Bank for Africa popularly known as UBA is one of the oldest Nigerian banks which has a high reputation. The bank which is headquartered in Marina, Lagos is one of the biggest commercial banks in Nigeria. The bank has also joined other new-generation banks in making salary advance/payday loans available to their customers. In this article, we will be taking a look at how you can apply for the UBA salary Advance/Payday loan. 

UBA Loans

Aside from payday loans, the bank offers other loan products and are:

• Personal loan
• Auto Loan
• Senior Citizen Loan
• Asset Finance
• FX Cash-backed loan

Click Credit 

This is the scheme that makes quick loans accessible to salary earners. Click credit allows you to obtain a UBA loan by simply dialing a USSD code. It does not involve any form of documentation or paperwork. If you are a salaried customer, you can get the cash you need instantly and pay it back within 12 months. Click credit gives you funds up to N5 million at an interest rate of 1.58% monthly.

Eligibility Criteria for Click Credit

A functional salary account is needed for you to be eligible for this loan scheme. You must have received your salary through UBA for the last 6 months. The rate is 19% p.a. (1.58% monthly).

How to Apply for UBA salary advance loan

There are different ways you can apply for this loan. We have them listed below.

1st Method – USSD Short Code [DIAL *919*28#]

2nd Method – Click Credit is also available on all their digital platforms (Leo, UBA Internet Banking and Mobile Banking)

3rd Method – Search for “UBACHATBANKING” on Facebook with the verified logo (Blue Tick).

4th Method – Send a “HELLO” to +2349030019007 on WhatsApp.

You could also walk into any of our Business Offices nearest to you to open one. 

UBA Personal Loan

All salary earners can use the UBA Personal Loan scheme to help them realize their lifelong goals. With the help of this product, you can fund yourself to study further, acquire properties and gadgets for your home, grow your side hustle, and much more!

Features of UBA Personal Loan

• Convenient repayment period of 60 months
• Attractive interest rate (the interest rate will be on floating terms subject to changes in money market conditions, for the period of the loan)
• One-off management fee of 1%
• Maximum loan amount of N30million
• Minimum loan amount of N100,000
• Access up to 50% of your debt service ratio(DSR)

Eligibility Requirements

• Functional savings or current salary account
• Duly completed loan application form.
• Valid means of Identification (international passport, national driver’s license, national id card, and voter’s card).
• Employer’s undertaking to domicile salary with UBA.
• Duly accepted offer letter or employee inquiry form (The offer letter should contain the Employee’s Name, Employee Job Description/Position; Nature of Employment (Permanent or Contract); Employee Job Status (Confirmed or unconfirmed).
• Copy of the obligor’s staff ID.

How To Apply For UBA Personal Loan

• Submit a completed loan application form with supporting documents at any branch
• Execute an offer letter detailing the loan terms and requirements, following loan approval
• The loan will be disbursed into a salary account domiciled with the Bank.