How to apply for UBA Asset Finance

Get financing for the purchase of household appliances, alternative power solutions, etc. with the UBA Asset Finance and pay back conveniently over a period of 24 months. You can purchase a variety of assets ranging from smartphones, furniture, laptops, household appliances, inverters, generators etc.

Product Features & benefits

  • Access to a wide array of reputable dealers/retailers
  • Convenient repayment period of 24 months
  • Competitive interest rate
  • Maximum loan amount of N3million
  • Minimum loan amount of N35,000
  • Minimum equity contribution of 30%

Eligibility Criteria

  • ·         Functional savings or current salary account
  • ·         Duly completed loan application form.
  • ·         Valid means of Identification (International Passport, National Driver’s License, National ID Card and Voters’ Card).

Also read:

  • ·         Employer’s undertaking to domicile salary with UBA
  • ·         Duly accepted offer letter or employee inquiry form (The offer letter should contain Employee Name, Employee Job Description/Position; Nature of Employment  (Permanent or Contract); Employee Job Status (Confirmed or unconfirmed). 
  • ·         Copy of the customer’s staff ID.

How to apply for UBA Asset Finance

  • ·         Get pro-forma invoice (PFI) for preferred items from any approved vendor
  • ·         Then visit a UBA branch to complete a loan application form
  • ·         Execute an offer letter detailing the loan terms and requirements, following approval
  • ·         Pick up preferred items from the vendor