We have several products offered under the Personal Loans portfolio.
• Fixed Term Loan – This is a structured short-term loan that you can repay over 12 to 24 months.
• Revolving Term Loan – This is a structured short-term to medium-term loan that you can repay in 36 months.
• Revolving Line of Credit – This offers continual credit through a revolving capability that is immediate. This means that you can borrow the money again at preferential rates without re-applying for a loan.
• Salary Earners’ Scheme – Under this portfolio we offer both Guaranteed and Non-Guaranteed loans with repayment options of 12, 24, 36 or 48 months.
1. Fixed Term Loan
You can take this structured short-term loan (12-24months re-payment period) of between 550,000 and 6 millionUGShs if you meet the basic criteria below.
• Be aged between 21 and 60 years
• Have an employment record of one year
• Have operated a Stanbic Bank account for minimum of 6 months reflecting monthly salary deposits with no dishonours
OR
• Have run an account for 3 months with another bank* plus a Stanbic Bank account for three months.
OR
• Have run an account for 12 months with another bank* reflecting monthly salary deposits with no dishonour and at least one month’s salary deposited in the transaction account.
• Earn a minimum net salary of UgShs 150,000
• Provide proof of income, employment, residency and identification
*Necessary bank statements required as proof. Bank statements should reflect monthly salary deposits with no dishonor
**The repayment amount on your loan may not be more than 30% of your net income
2. Revolving Term Loan
• You can take this structured short-term to medium-term loan that you can repay in 36 months. Loan amounts are between 3 million to 14.5millionUGShs. To qualify you need:
• Be aged between 21 and 55years
• Have an employment record of one year
• Have operated a Stanbic Bank account for minimum of 6 months reflecting monthly salary deposits with no dishonours
OR
• Have run an account for 3 months with another bank* plus a Stanbic Bank account for three months
OR
• Have run an account for 12 months with another bank* reflecting monthly salary deposits with no dishonour and at least one month’s salary deposited in the Stanbic Bank transaction account
• Earn a minimum net salary of UgShs 750,000
• Provide proof of income, employment, residency and identification
*Necessary bank statements required as proof. Bank statements should reflect monthly salary deposits with no dishonor.
**The repayment amount on your loan may not be more than 40% of your net income
3. Revolving Line of Credit
You can take a loan of between 3 million to 14.5million UGShs if you meet the basic criteria below. This loan is a structured short to medium term loan that you can pay back in 36 months. It offers a revolving capability after six months with no dishonours, which means you can borrow the money again without having to apply for a loan. You will also get protection cover in the event of death or disability. To qualify:
• Be aged between 21 and 55years
• Have an employment record of one year
• Have operated a Stanbic Bank account for minimum of 6 months reflecting monthly salary deposits with no dishonours
OR
• Have run an account for 3 months with another bank* plus a Stanbic Bank account for three months.
OR
• Have run an account for 12 months with another bank* reflecting monthly salary deposits with no dishonour and at least one month’s salary deposited in the Stanbic Bank transaction account and deposit your salary directly into this account
• Earn a minimum net salary of UgShs 2 million
• Provide proof of income, employment, residency and identification
*Necessary bank statements required as proof. Bank statements should reflect monthly salary deposits with no dishonor.
**The repayment amount on your loan may not be more than 30% of your net income
4. Salary Earner’s Scheme
Under this loan scheme we offer both Guaranteed and Non-Guaranteed loans with repayment options of 12, 24, 36 or 48 months.
For the Guaranteed loans, the employer/company enters into a formal agreement with the bank to advance its employees loans against its surety/guarantee, within the level of the agreed “blanket facility”.
For the Non-Guaranteed loans, the employer/company does not enter into the above agreement with an employer or company. The total facility is agreed to by the bank to accommodate each individual employee loan on a collective basis.
You can repay both guaranteed and non-guaranteed loans over 12, 24, 36 or 48 months. In addition, one gets loan protection cover in the event of death or permanent disability.
• Be aged between 21 and 60years
• Have an employment record of one year
• Have operated a Stanbic Bank account for minimum of 6 months reflecting monthly salary deposits with no dishonours
OR
• Have run an account for 3 months with another bank* plus a Stanbic Bank account for three months.
OR
• Have run an account for 12 months with another bank* reflecting monthly salary deposits with no dishonour and at least one month’s salary deposited in the Stanbic Bank transaction account
• Earn a minimum net salary of UgShs 750,000
• Provide proof of income, employment, residency and identification
*Necessary bank statements required as proof. Bank statements should reflect monthly salary deposits with no dishonor.
The repayment amount on your loan may not be more than 50% of your net income.
Contact or visit your nearest Stanbic Bank branch in Uganda or call our Head office or download the form provided
Download Application (PDF) 
