To apply for a regular loan, you need:

• Fully signed loan application forms

• Fully signed guarantors' form

• Copy of national ID

• Latest pay slip copy

• One month's bank statement

• Sufficient savings (at least 3 times requested amount)

• Shares ownership

• Sufficient savings 1/4 of requested amount for UBL staff 1/3 of requested amount for contractors

For an emergency advance, you need:

• Fully signed advance form

• Copy of national ID

• Latest copy of pay slip

Yes, you can qualify for both AS LONG AS the combined monthly payback

instalments is able to fit within your pay slip considering the 70/30 rule: where the

total deductions (after mandatory deductions like NSSF and PAYE) on an employees pay slip must not exceed more than 70% of the employees gross, and

the total liability meets the following criteria:

Income Requirement: Loan instalment should be ≤30% of Gross pay

Example: Gross pay = UGX 1,000,000 → Max instalment = UGX 300,000

Security Requirement: Amount applied for should be ≤4× savings for UBL

Employees and ≤ 3x savings for contractors

Example: Savings multiplier

For UBL Employees 4x savings multiplier

UGX 1,000,000, → Qualify for UGX 4,000,000

For Contractors 3x savings multiplier

UGX 1,000,000, → Qualify for UGX 3,000,000

Income Requirement: Loan instalment should be ≤30% of net pay

Example: Net pay = UGX 1,000,000 → Max instalment = UGX 300,000

Security Requirement: Amount applied for should be ≤3× savings + shares

Example: Savings = UGX 1,000,000, Shares = UGX 500,000 → Qualify for UGX 3,500,000

Eligibility for cash advances is based on

• A good credit history

• And the capacity of the pay slip to absorb the monthly repayment