Ukash (Uganda)

Ukash is a financial platform designed for online loans in Uganda, operable through a mobile app anytime, anywhere. With just four simple steps and within 5 to 10 minutes, your money will arrive swiftly.

A Good Loan Experience with Ukash

Ukash aims to provide a seamless loan experience based on user feedback, ensuring speedy certification, real-time approval, and quick loan disbursements. The platform allows you to track your application and approval status easily, with the flexibility to repay your loan anytime, anywhere—both online and offline.

Advantages of Using Ukash

Convenient Installment Payments: Enjoy service fees ranging from 0.75% to 1% per day.

Competitive Interest Rates: Maximum annual interest rate of 36%.

Flexible Loan Duration: Choose a loan term between 91 days (minimum) and 365 days (maximum).

Example of a Loan Calculation

For a loan of UGX 300,000 within 10 days with a 1% service fee per day:

Total Service Fee: UGX 300,000 x (1 + 0.01 x 10) = UGX 330,000

Total Bill to be Paid on the 10th Day: UGX 330,000

How to Apply for a Loan with Ukash

Ukash offers an easy-to-use, quick approval process for speedy loans. Here’s how it works:

Fill In Application:

Select your desired loan amount and repayment time.

Provide your receiving bank name and number/mobile wallet account details.

Data Authentication:

Verify the creditworthiness of the loan account to guarantee the interests of both borrowers and lenders.

Pending Review:

The system verifies the credit details of the loan account to ensure both parties' interests are protected.

Capital Arrival:

Once approved, the funds arrive quickly, addressing your urgent need for small funds.

Ukash: An Easy and Swift Solution

Create an Account: Register using your mobile number.

Select Loan: Choose the amount and repayment period that suits your needs.

Submit Information: Complete your application with the necessary details.

Get Approval: Receive approval within minutes.

Receive Funds: The loan amount is disbursed to your account promptly.