DFCU to Continue Empowering Ugandans through Loans

In Summary
  • The campaign is set to run up to 30 th June 2024
  • Through  camapaign salaried individuals to access unsecured Loans of up to Ugx. 250 million
DFCU Chief Retail Banking Officer Annette Kiconco
Image: Courtesy photo

In a bid to continue financially empowering its customers , DFCU Bank has introduced an unsecured Personal Loan Campaign dubbed ‘Ggwa Mu Bintu’.

While launching the campaign that is set to run up to 30th /June /2024, the  Chief Retail Banking Officer Annette Kiconco noted  that it  will enable customers around the country to receive financing that can support various life stages and needs including the payment of purchases such as homes or cars, funding renovations and covering medical or educational expenses.

She explained that through the campaign  salaried individuals to access unsecured Loans of up to Ugx. 250 million adding that customers will also receive maximum loan tenors of up to 84 months and at interest rates as low as 17.5%.

“We have developed ‘Ggwa Mu Bintu’ to cater to an array of our customers’ needs. As a business, our purpose is to ‘Transform Lives and Businesses in Uganda’ and with increased loan amounts, competitive interest rates and no collateral requirements, we are confident that our clients who are salary earners will be able to take care of their personal needs and as well as those needs which fall under wider development goals”, Kiconco said.

She stated that under the campaign, the Bank also promises flexible repayment options and quick turnaround time for customers who will apply for the loan at dfcu’s 50-plus branches across the country.

Kiconco revealed that 15 dfcu Bank customers who apply for new salary loans or top up loans stand a chance to win back up to Ugx. 5,000,000/- in loan repayments through a lucky draw as an added bonus .