Dfcu Bank inspires Customers to ‘Reach for More’ in New Campaign

In Summary
  •    Schools are to access unsecured overdrafts of up to 30% of expected school fee collections.
  • Up to UGX 2 million mobi loans accessible in five minutes
Officials at DFCU Bank adressing a news conference in Kampala

Dfcu Bank has launched a 12-week campaign inspiring customers to ‘Reach for More’ by taking advantage of its special financial packages to achieve their aspirations/needs conveniently during the New Year.

Under the campaign, the Bank is 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.

The Repayment Holiday option will allow customers to take a break from scheduled loan repayments during the campaign period.

 

The personal loan offer targets salaried and professionals earning a regular income. Customers who transfer their existing personal loans from elsewhere to Dfcu Bank will be charged no arrangement fees.

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. With the Back-to-school season now well underway, 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 school 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.

Robert Wanok, Head of Personal and Business Banking at DFCU Bank, says the campaign has been launched to accelerate the dreams and aspirations of the bank’s customers during the New Year.

The Bank is also offering mobile loans of up to UGX 2,000,000/ = accessible via online banking platforms, in less than 5 minutes.