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Home»BigEye Money»Local Business»dfcu Bank offering unsecured loans of up to UGX 250 million
Local Business

dfcu Bank offering unsecured loans of up to UGX 250 million

BigEyeUg1By BigEyeUg1January 19, 2023
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dfcu Bank has launched a 12-week campaign dubbed ‘Reach for More’ in which they are providing collateral free loans (unsecured loans) of up to UGX 250 million.

By Our Reporter

dfcu Bank has launched a 12-week campaign dubbed ‘Reach for More’ in which they are providing collateral free loans (unsecured loans) of up to UGX 250 million to customers who take out personal loans, and an option of a repayment holiday of up to 75 days.

In addition, loan arrangement fees have been discounted to 1% for individual customers who take up new loans and 0.5% for those who top up their existing facilities at dfcu Bank between now and 15th April 2023.

Robert Wanok, Head of Personal and Business Banking at dfcu Bank, said the campaign has been launched to accelerate the dreams and aspirations of their customers in the new year.

“The new year always represents new beginnings for most people. Renewed hope, dreams, ambitions, targets, that we want to see come to life. With ‘Reach for More’ campaign, we are encouraging our customers not to lose sight of these dreams but instead partner with us to see them come true. We are staying true to our brand promise of ‘Making More Possible’ for all our customers,” he said.

The bank has also unveiled a special package to support schools as they prepare to receive students for the new academic year. The offer dubbed “the school bridging overdraft’ allows school owners to access unsecured short-term facilities of up to 30% of their expected school fees collections, to take care of urgent working capital needs.

In addition, parents who pay their schools fees through dfcu Bank during this period will automatically enter a draw and have a chance to win up to UGX 500,000 to help cover outstanding back- to- school requirements.

“The Bank is also offering mobiloans of up to UGX 2,000,000/ = accessible via our online banking platforms, in less than 5 minutes. For parents, the mobiloans are a convenient way of sorting out urgent back- to- school requirements. Parents who pay school fees at any dfcu Branch, dfcu Agent or via dfcu internet banking will automatically enter a draw and stand a chance to win a cash back of up to UGX 500,000,” Wanok concluded.

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