United Bank for Africa – loan application
Contact
Company
United Bank for Africa PLC
Address
UBA House, 57 Marina, Lagos Island, Lagos State
Website
https://www.ubagroup.com/ng
United Bank for Africa – repayment table
Estimated monthly repayments at 2.08% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 1 months | 3 months | 6 months | 12 months |
|---|---|---|---|---|
| ₦500,000 | ₦510,400 | ₦177,067 | ₦93,733 | ₦52,067 |
| ₦1,000,000 | ₦1,020,800 | ₦354,133 | ₦187,467 | ₦104,133 |
| ₦1,500,000 | ₦1,531,200 | ₦531,200 | ₦281,200 | ₦156,200 |
| ₦2,000,000 | ₦2,041,600 | ₦708,267 | ₦374,933 | ₦208,267 |
| ₦2,500,000 | ₦2,552,000 | ₦885,333 | ₦468,667 | ₦260,333 |
| ₦3,000,000 | ₦3,062,400 | ₦1,062,400 | ₦562,400 | ₦312,400 |
Representative example
Loan amount
₦252,500
Repayment term
12 months
Monthly interest
2.08%
Monthly repayment
₦26,294
Total interest costs
₦63,024
Total amount payable
₦315,524
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
₦5K – ₦15.0M
Term
1 – 12 months
Interest from
2.08%
Approval
Instant (USSD) or 24 hours
Age
Salary earners, UBA account holders
Online application
Yes
Requirements
- ✓ Active UBA account with regular salary deposits
- ✓ BVN
- ✓ Valid government-issued ID
- ✓ No outstanding loan arrears with UBA
Ready to apply?
Go to official United Bank for Africa website ad