How to apply for UBA click credit- salary advance, Payday loan,Asset Finance and personal loan

Do you want to learn how to apply for  UBA salary advance/Payday loan,Asset Finance and personal loan? The United Bank of Africa UBA  offers A-Z loan for both salary earners and business entrepreneurs ranging from house rent,medical bills, car upgrade education and SME.

The financial institution offers both a salary advance loan known as Click credit which is a super-fast loan for all your emergencies. They also offer Integrated Credit Express (ICE),Personal.

Overdraft,Personal Loan,Co-operative Loans and Asset Finance. We shall be discussing a salary advance loan which is known as click credit.

What is UBA click credit?

This is a USSD loan with no form of documentation, paperwork, no queue. With this product; as a salaried customer, you can now get the cash you need instantly and pay back within 12 months. Click credit gives you funds up to N5million at an interest rate of 1.58% monthly.

To enjoy this product, you would need to operate a salary account with UBA. The loan, customers salary account must be domiciled in the Bank and have received salary inflow through UBA for the last 6 months and you can get  up to N 1,000,000.00 (One million naira) with flexible loan tenure between 3 to 12 months.

The applicable interest rate is 36% p.a. (3% monthly).An active UBA Salary Account with a minimum monthly salary of at least ₦50,000 is require for loan application and approval.

Also read; How to Register, open Account ,Transfer Money, check account balance and Buy Airtime

Key Features of UBA Click Credit:

• Loan Amount Up to ₦1 million.
• Interest Rate of 2.5% per month (30% per annum).
• Repayment Period Up to 12 months.
•  Available on USSD and all Leo platforms (WhatsApp, Facebook, Apple Business Chat).
• No extra or hidden fees.
•  Open to all salaried individuals whose salary accounts are domiciled with UBA.
• Loan disbursement is instant upon approval.

How to Apply for UBA click credit

There are three convenient ways to apply for UBA Click Credit:

1. USSD Code:

• Dial *919*28#: Using your phone linked to your UBA account
• You will be guided through the application process.

2. Leo Chat Banking:

• WhatsApp, Facebook Messenger, Apple Messages: Send the word “Loan” to Leo on any of these platforms.
• Google Business Chat: Start a conversation with Leo and ask for Click Credit.

3. UBA Mobile App/Internet Banking:

• Login: Access your UBA account through the mobile app or internet banking platform.
• Apply: Look for the Click Credit option under Loans & Advances and follow the instructions to apply.

Eligibility criteria of UBA click credit

To be eligible for UBA Click Credit, you need to meet the following criteria:

•  You must have a salary account domiciled with UBA.
•  Your salary account should have received regular salary inflows for at least the past 6 months.
• You need to be a confirmed employee of an organization recognized by UBA.
•  You should have a good credit history and no outstanding bad loans or unpaid obligations with UBA or other financial institutions.

Additional Requirements:

• Your mobile number must be registered with UBA.
• You should be within the age range of 18 to 59 years.

Loan Amount:

• Eligible customers can access up to ₦1 million through Click Credit.

Interest rate

The applicable interest rate is 19% p.a. (1.58% monthly)

How to Apply for UBA  click credit

UBA Click Credit is a salary advance loan product designed for UBA customers who have their salary accounts domiciled with the bank. You can apply for this loan through the following channels:

1. USSD Code:

   • Dial *919* 28# on your phone (linked to your UBA account).
   • Follow the prompts to select Click Credit and enter the desired loan amount.
   • Confirm the details and your loan will be disbursed instantly if approved.

2. Leo Chat Banking:

   • WhatsApp, Facebook Messenger, or Apple Business Chat: Chat with Leo on any of these platforms and request Click Credit.
   •  Follow Leo’s instructions to provide the necessary information for your loan application.
   •  Once your loan is approved, you will receive a confirmation message.

3. UBA Mobile Banking App or Internet Banking:

   • Log into the UBA Mobile Banking app or Internet Banking platform.
   • Navigate to the “Loans” section and select Click Credit.
   • Follow the on-screen instructions to complete the application form.
   •  If approved, the loan amount will be credited to your account.

Please Note: Salary earner can also apply for the following loan with UBA

Also read: How to buy Airtime, Open Account ,Funds Transfer and Pay bills in Nigeria

2. Asset Finance

UBA Asset Finance is a loan product offered by the United Bank for Africa (UBA) to help individuals and businesses acquire assets that can enhance their quality of life or improve business operations.

Types of Assets Covered:

• Personal Assets:

  • Household appliances (refrigerators, air conditioners, washing machines, etc.)
  • Generators and other alternative power solutions
  • Furniture and electronics (TVs, home theater systems, etc.)

• Business Assets:

  • Vehicles (cars, trucks, buses, etc.)
  • Equipment and machinery
  • Computers and IT infrastructure
  • Other assets essential for business operations

Key Features:

•  Up to 90% of the cost of the asset, depending on your eligibility and creditworthiness.
• Repayment tenors of up to 48 months for personal assets and 60 months for business assets.
•  UBA offers competitive interest rates on its asset finance loans.
• Comprehensive insurance coverage for the financed asset.
•  You can apply for UBA Asset Finance through the UBA website, mobile app, or at any UBA branch.

Benefits:

• UBA Asset Finance allows you to acquire assets without paying the full cost upfront.
• You can spread the cost of the asset over a comfortable repayment period.
•  By financing your assets, you can free up your working capital for other expenses or investments.
• In some cases, you may be able to claim tax deductions on the interest paid on your asset finance loan.

Eligibility Requirements:

The eligibility requirements for UBA Asset Finance vary depending on whether you’re an individual or a business. Generally, you’ll need to have a good credit history, a stable income or cash flow, and a valid identification document.

How to Apply for UBA Asset Finance Loan

here are several ways to apply for a UBA Asset Finance Loan:

1. Online Application:

• Go to the UBA Asset Finance page
•  Complete the online application form with the required information about yourself and the asset you wish to finance.
• Submit the application and wait for a response from UBA.

2. UBA Mobile App:

•  If you haven’t already, download the UBA Mobile App from the App Store (iOS) or Google Play Store (Android).
•  Log into the app using your credentials.
•  Navigate to the “Loans” section and select “Asset Finance.”
• Follow the on-screen instructions to complete the application.

3. Visit a UBA Branch:

•  Find the nearest UBA branch to you.
•  Talk to a customer service representative or loan officer about your interest in Asset Finance.
• They will guide you through the application process and help you fill out the necessary forms.

4. Contact UBA Customer Care:

•  You can also call the UBA customer care helpline to inquire about the Asset Finance loan and start the application process.

Read : How to check UBA Account Balance and Statement of account

UBA Personal Loan

UBA Personal Loan is a financial product offered by the United Bank for Africa (UBA) to help individuals meet their financial needs, whether it’s for education, home renovation, medical expenses, or other personal reasons.

Key Features:

• You can borrow up to ₦30 million, depending on your salary and other terms and conditions.
• Enjoy flexible repayment terms of up to 60 months.
•  UBA offers a competitive interest rate on personal loans.
•  The loan application process is relatively fast, with disbursement typically taking around 48 hours after all required documentation is received.

Eligibility Criteria:

To be eligible for a UBA Personal Loan, you generally need to:

• Have a savings or current account with UBA.
• Have a valid means of identification (e.g., National ID, Driver’s License, International Passport).
• Provide a letter of awareness from your current employer (if applicable).
• Submit your Bank Verification Number (BVN).
• Meet the bank’s minimum salary requirements.
• Have a good credit history.

Required Documents:

• Duly completed loan application form.
• Copy of your pay slip and bank statement of account indicating salary inflows in the last 6 months.
• Letter of awareness from your current employer.

How to Apply:

You can apply for a UBA Personal Loan through the following channels:

• Walk into any UBA branch and speak to a customer service representative.
• If you have a dedicated relationship manager, you can contact them directly for assistance.
• Log in to your UBA Internet Banking account or the UBA Mobile App and navigate to the “Loans” section.