LUCAS MUSISI
KAMPALA: KCB Bank customers now have access to loans up to Ushs.250 million without the need for collateral such as land titles or car logbooks, catering to both personal finance and business requirements. These loans boast a repayment period of up to 84 months and offer competitive interest rates starting as low as 17.5%. Upon fulfilling the requisite criteria, borrowers can obtain these loans within a swift 48-hour timeframe.
Miranda Bageine Musoke, Head of Retail Banking at KCB Bank Uganda, unveiled this new loan offering as part of the bank’s unsecured personal loan campaign dubbed “Kigguse with KCB Bank.” The campaign aims to enhance the quality of life for more Ugandans by streamlining the loan acquisition process.
Expressing the bank’s commitment to customer welfare, Bageine-Musoke stated, “KCB Bank is dedicated to enhancing the well-being of our clientele. Hence, we continuously strive to innovate and provide financial solutions that are easily accessible to many.”
She expressed gratitude towards KCB’s loyal customers, highlighting their role in motivating the bank to consistently improve its services to cater to diverse segments of the population. “Our esteemed customers inspire us to deliver tailored services that foster personal and business growth,” remarked Musoke.
To qualify for the Unsecured Personal Loan, applicants must demonstrate a stable income and maintain an active KCB Bank Uganda account for a minimum of three months. These loans can address various expenses ranging from business-related ventures to personal needs.
Moreover, this new loan package aligns with KCB Bank’s overarching brand promise, “For People For Better,” reflecting its commitment to advancing socio-economic development and improving living standards nationwide in alignment with government initiatives.