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It’s no surprise that some are still confused about how to borrow money from UBA bank app. If you are looking to borrow some money from a trusted bank in Nigeria, the United Bank of Africa (UBA) is one such bank.
They offer different loan options to their customers, and customers can access those loans on the app or with USSD.
Both processes are easy and secure.
In today’s guide, we will explore how to borrow money from the UBA Bank app and how to borrow money from UBA Bank with USSD.
One of Nigeria’s top banks is UBA, which Tony Elumelu founded over 70 years ago.
UBA operates in twenty (20) African countries: France, the UK, the US, and the United Arab Emirates. They boast over 45 million customers, over 2,000 ATMs, and over 80,000 PoS.
UBA provides different loan options to customers.
They offer up to ₦30,000,000 in personal loans.
Customers can access the UBA loan options on the UBA mobile app or through USSD.
Also read: Zenith Bank, First Bank, and UBA Join Zone’s Decentralized Payment Network
Some common features that make UBA loans are:
UBA has different loan options for customers to choose from.
Each loan type is designed to meet specific financial needs.
Below are the loan options available to UBA customers:
Loan Type | Max Loan Amount | Advantages |
Senior Citizens Loan | ₦15 million | Repayment period of up to 36 months |
Personal Loans | ₦30 million | Repayment period of up to 60 months |
Click Credit | ₦1 million | Quick loan option, mobile application, repayment period of up to 6 months |
Insurance Premium Financing | ₦1 Million | Repayment period of up to 12 months |
Asset Finance | ₦3 Million | Repayment period of up to 24 months, floating interest rates |
Also read: UBA Confident in Meeting N500 Billion Capital Base Requirement – CFO
The UBA Bank app makes it easy for customers to access loans.
It is available for download on iOS or Android. Any customer with an active UBA account can access the app.
Only Quick loans (Click Credit) are available on the UBA Bank app. Customers must apply for other loans in person.
Let’s take you through a step-by-step guide on how to borrow money from UBA Bank App.
It is important to check your eligibility before you begin the loan application process.
The eligibility for quick loans includes:
Delays might arise if you fail to process your documents before the loan application process.
To avoid this, put all relevant documentation together.
The UBA Quick Loan requires minimal paperwork. All you need are:
You should also have an active phone number and email address linked to your UBA account.
Finally, ensure you have a stable internet connection to avoid disruption during the application process.
Also read: UBA Directors Purchase 27 Million Shares Amidst Company Growth
Next, download the UBA app on the Google Play Store or Apple App Store.
Install it and follow the given prompts to register on the app. This should take roughly five (5) minutes.
The next step is to make your application.
Follow the procedure below for a seamless application process:
UBA will transfer the funds to your account once they approve your loan application. This should only take a few minutes.
If you encounter challenges during your loan application, call or text UBA customer support on 2347002255822 or 23402012808822. You can also send them an email at cfc@ubagroup.com.
What is the code to borrow money from UBA bank? You can borrow money from UBA using the code below or USSD.
Here’s how:
Just like the loan application on the UBA Bank app, your application will be reviewed, and if approved, the funds will be disbursed within a few minutes.
Also read: UBA Enhances Mobile App, Introduces Transaction Dispute Feature
Customers still confused about how to borow money from UBA bank online should visit the UBA website at UBA Group. We share an excerpt below on what you will find on the website:
Click CreditLow on cash? We’ve got you covered!
Get an instant loan up to ₦1 million to sort out your emergencies.What’s in it for you ?
- Borrow up to N1 million
- Get your loan in one minute
- Convenient repayment option between 6 months
- Low interest rate
How to Apply:
No paperwork! No awkward conversations! No waiting! Get a loan in one minute.
- Just dial *919*28#
- Send “Loan” to Leo on Instagram, WhatsApp, Apple messages, Facebook messenger or Google Business Chat
You don’t have to be confused about how to borrow money from UBA bank online. Just follow the procedures given on the website. Check out the T&C here.
UBA loans are gaining popularity among customers.
Some of the advantages of the UBA loans include:
Here are solutions to some common challenges that Nigerians usually face while trying to borrow money from UBA Bank:
Borrowing money on the UBA Bank app with an iPhone is the same process as Android.
Simply download the UBA app, register and follow the loan application process:
Also read: UBA Loan Code for Salary Earners in Nigeria
No need to worry if you do not have data to borrow money from UBA online.
To borrow money on UBA without data. Just use the UBA loan code, *995#.
Ensure you dial the code with the number connected to your UBA account.
Follow the given procedure and access UBA’s Quick Loan service.
UBA’s Asset Finance loan is the best option for customers looking to furnish their homes.
This loan is designed to cover the purchase of household appliances, furniture, inverters, televisions, generators, etc.
The repayment term can span 24 months, depending on the loan amount.
To be considered eligible for this loan, you must meet the following requirements:
The documents you would need include:
Take the following steps to apply for a UBA Asset Finance loan:
Yes, you do not need a salary account to borrow money from UBA.
You just need an active UBA account. It could either be a savings account or a current salary account.
Note that this does not apply to all UBA loans. You need an active salary account to apply for specific UBA loans, such as the Asset Finance Loan.
You can borrow money from UBA online with the UBA bank app. Note that this only gives access to UBA Quick Loans. Other UBA loans must be applied for in a Bank branch.
The UBA USSD code to borrow money is *919#. Dial the code from the number connected to your UBA account and follow the given prompts.
You can borrow up to 500k in Nigeria with UBA personal loans.
UBA is a reliable bank in Nigeria. Their loans are easy, secure, and come with low interest rates.
Their customers can apply for any of these loans online, with a USSD code, or at any UBA bank branch. You can check out how to qualify for UBA loan online. They also provide many important services to their customers via the USSD.
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www.sarkariexam.com – How to Borrow Money from UBA Bank App: A Guide to Quick and Convenient Funds
www.ubagroup.com – Fuel Your Ambitions