Mortgage Loan

Get up to 90% of the value of the ready or off-plan residential units you are looking to buy within Kampala metropolitan and major urban and rural areas within major towns.
Becoming a home-owner is now an achievable goal with NCBA Bank, with flexible terms and repayment periods of up to 25 years.

Features

• Minimum loan amount of UGX 30,000,000.
• Maximum loan amount based on repayment ability.
• Loan repayment period of up to up to 25 years for loans in UGX.
• Loan repayment period of up to 20 years for foreign currency for Ugandan nationals working in the country.
• Loan repayment period of up to 20 years for foreign currency for Ugandan nationals working in the country.
• Loan repayment period of up to 15 years for foreign currency-denominated loans customers in the Diaspora.
• Loan repayment period of up to 10 years for non-Uganda nationals based in Uganda.
• Free mortgage Protection Insurance cover of mortgages up to UGX 700M, without need for medical checkup, retrenchment cover and social perils cover.
• Loan-to-value ratio is based on the value or selling price of the property, or whichever is lower.
• Financing of up to 90% of properties in Kampala or within the city council area.
• 70% mortgage financing for office space.
• 80% mortgage financing for diaspora customers.
• Available in USD, EUR, GBP and UGX, based on borrower’s income.
• Interest is calculated on a reducing balance basis.