How to Get loan from UBA 2023/2024 | Steps and Requirements

Do you need personal financial support? Are you in any business sector and you need a loan from UBA? The United Bank For Africa, UBA has provided different loan options for businesses and customers who are in need of financial assistance.

A number of persons frequently ask, What kind of loan does UBA offer? How do I know if I am eligible for a UBA loan? How do I apply and get a loan from UBA? What documents do I need when applying for a UBA loan? What is the maximum loan amount I can request for with UBA?

UBA Loan

Whatever your questions are on the United Bank of Africa Loan, this post will provide adequate answers to those questions. Not only will you get to know that UBA is a friendly bank, you will find in here a guide to choosing the right UBA loan.


Types of UBA loan

There are four main types of loans you can get from the United Bank for Africa. They are:

  • Personal loan
  • Click credit
  • SME loan/Asset Financing
  • Auto Loan

UBA Personal Loan

This type of UBA loan is meant for salary earners


  • Interest rate of 18%
  • Maximum amount of loan you can get is Thirty billion naira (30, 000000000) and a minimum of hundred thousand naira (100, 000)


  • You will need a functional saving/current account
  • A loan application form
  • A valid means of identification
  • An employer’s undertaking to domicile salary with UBA

How to apply

  • You should submit a loan application with other supporting documents at any UBA branch
  • Get a loan term letter and requirement after your loan is approved
  • Your loan will be disbursed into your domicile account

UBA Click Credit

This loan is for both salary earners and self employed


  • A maximum of 5 million naira (5, 000000) and a minimum of fifty million naira (50, 000)
  • Pay back in 12 months
  • 1.58% monthly interest and a 19% annual interest


  • A UBA account with a regular inflow of at least 25, 000 monthly income

How to apply

  • Dial *919*28#
  • Follow the chat with Leo

UBA SME/Asset Finance Loan

This UBA loan is for business owners who wish to expand their business


  • You can be loaned up to 5, 000, 000 (five million naira)

Requirements :

  • A registered business with CAC
  • UBA account

How to apply

  • Fill in the loan application form
  • Provide the necessary information
  • Submit

UBA Auto Loan


  • Maximum of fifteen million (15, 000, 000) can be loaned
  • Competitive interest rate


  • A savings/current account
  • Completed loan application form
  • Valid means of identification
  • Employer’s undertakening
  • Copy of customer’s star ID

How to apply

  • Visit any of the approved auto vendor stores to obtain pro-forma invoice (PFI) for preferred items.
  • Visit a UBA branch to complete a loan application form.
  • Execute an offer letter detailing the loan terms and requirements, following approval of the loan.
  • Pick up your preferred automobile from the auto vendor.

What you need to do or have when applying for a Loan

  • Anytime you are applying for a UBA Loan, especially as a small business,  always show preference for equipment
  • You will need an income verification and proof of assets worth as least as much as the amount being borrowed

Do you have further questions on how to get a Loan from UBA? You can leave those questions in the comment section.

Leave a Reply

Your email address will not be published. Required fields are marked *