Ubank has a history of almost 40 years in the financial industry. Initially starting out by serving a niche market (mineworkers and their families in the 1970’s) as Teba Bank, UBank eventually expanded.
UBank is an institution that has personal loans designed around individual needs.
Financial surprises aren’t always pleasant and require one to think fast on their feet. Having one’s finances in order is always commendable, but there are often months whereby unexpected expenses arise and demand immediate attention. This is where ULend from UBank can come in handy.
Who is eligible to apply?
Loans are available for individuals aged between 18 and 65 years old. Applicants need to have a good credit record.
What is needed for application purposes?
- A valid South African I.D. or a South African passport
- Latest payslip
- Proof of physical address (not older than 3 months.)
- Your banking details and last 3 months’ banking statements (non-UBank clients)
- Two different contact numbers
- A list of your expenses
- If you are married in community of property you will need to obtain written consent from your spouse
Flexible loans of up to R180 000 are offered and payable over 72 months. Affordability checks are done, to make sure that you can afford to repay the loan. Once you’ve been approved for a loan you have the freedom to use it however you choose. Whether you use the loan to pay for school fees, for an emergency medical bill or for home renovations, the choice is completely yours.
ULend from UBank makes it easy to access funds. Once you have been approved, you are provided with easy access to your funds straight away from your UBank account.
To contact UBank, call: 086 000 8322