UBA Loan Code for Non Salary Earners and Salary Earners in Nigeria

Updated on November 7, 2023

Are you a non-salary earner or a salary earner in Nigeria in need of a quick and easy loan? Then the UBA loan code is a great solution for you.

UBA is one of the top banks in Nigeria that offers loan services to customers with a simple, fast, and convenient process. In this article, we will discuss the UBA loan code for both non-salary earners and salary earners in Nigeria.

See: How to Check Your UBA Account Number

UBA Loan Code for Non Salary Earners

Non-salary earners in Nigeria include entrepreneurs, traders, and self-employed individuals who do not receive a regular salary. UBA loan code offers loans to non-salary earners to help them grow their businesses and meet their financial needs.

With UBA loan code for non-salary earners, you can access loans of up to ₦5,000,000 with a repayment period of up to 36 months.

To apply for a loan using UBA loan code as a non-salary earner, follow these simple steps:

• Step 1: Dial *919# on your mobile phone
• Step 2: Select option 6 (Loans)
• Step 3: Select option 3 (Non-Salary)
• Step 4: Follow the prompts to complete your loan application

The interest rate for UBA loans for non-salary earners varies depending on the loan amount and repayment period. However, it is competitive and affordable for customers.

UBA Loan Code for Salary Earners

UBA loan code also offers loans to salary earners in Nigeria to help them meet their financial needs, such as paying bills or emergency expenses. With the UBA loan code for salary earners, you can access loans of up to 50% of your monthly salary with a repayment period of up to 30 days.

To apply for a loan using the UBA loan code as a salary earner, follow these simple steps:

• Step 1: Dial *919# on your mobile phone
• Step 2: Select option 6 (Loans)
• Step 3: Select option 1 (Salary Advance)
• Step 4: Follow the prompts to complete your loan application

The interest rate for UBA loan code for salary earners is 4% per month, making it an affordable option for customers.

Also See: How to Activate UBA Transfer Code

Benefits of UBA Loan Code

UBA loan code offers several benefits to customers, including:

• Convenience: UBA loan code offers a simple and fast loan application process, allowing customers to apply for loans from anywhere and at any time using their mobile phones.
• Fast Approval: The loan code for UBA offers fast loan approval, and customers can receive their loans within 24 hours of application.
• No Collateral Required: The loan code for UBA does not require any collateral for loans under ₦5,000,000, making it easier for customers to access loans.
• Competitive Interest Rates: The UBA loan USSD code offers competitive and affordable interest rates on loans for both non-salary earners and salary earners, making it a great option for customers.

Checkout: How to Borrow Money from UBA Bank Nigeria

In conclusion, the UBA loan code is a great solution for non-salary earners and salary earners in Nigeria who are in need of a quick and easy loan. With the UBA loan USSD code, you can apply for a loan from anywhere and at any time using your mobile phone, without the need for collateral.

UBA loan USSD code offers fast approval, competitive interest rates, and a simple loan application process, making it a great option for customers in Nigeria.

What is UBA Loan Code?

UBA loan code is a USSD code that allows customers to apply for loans from United Bank for Africa (UBA) using their mobile phones.

What Loans can I access using UBA Loan Code?

UBA loan code offers loans to both non-salary earners and salary earners in Nigeria. Non-salary earners can access loans of up to ₦5,000,000, while salary earners can access up to 50% of their monthly salary.

How do I Apply for a Loan using UBA Loan Code?

To apply for a loan using UBA loan code, dial *919# on your mobile phone, select option 6 (Loans), and follow the prompts to complete your loan application.

Is Collateral Required to Access UBA Loans?

For loans under ₦5,000,000, no collateral is required. However, for larger loan amounts, UBA may require collateral.

UBA loan code offers fast approval, and customers can receive their loans within 24 hours of application.

How Long does it take to Receive a Loan using the UBA Loan Code?

UBA loan code offers fast approval, and customers can receive their loans within 24 hours of application.

What is the Interest rate for UBA Loans?

The interest rate for UBA loans varies depending on the loan amount and repayment period. However, it is competitive and affordable for customers.

Can I repay my UBA loan before the End of the loan term?

Yes, you can repay your UBA loan before the end of the loan term without any penalty.

What happens if I default on my UBA loan?

If you default on your UBA loan, your credit score may be affected, and UBA may take legal action to recover the loan amount. It is important to ensure timely repayment of loans to avoid default.