KCB Bank Uganda has increased its personal loan limit to shs 500 million and extended repayment periods to 10 years, for salaried employees.
The bank said the initiative aims to help customers use credit as a proactive tool for financial planning rather than a last-resort measure.
“By removing collateral requirements, the facility allows professionals to finance long-term goals such as education, property acquisition or small business ventures,”Miranda Bageine Musoke, Head of Retail Banking at KCB Bank Uganda, said.
“When income is used strategically and supported by the right financial solutions, it becomes a tool for growth, stability and long-term security,” Musoke added.
According to her,the loan features a 48-hour approval turnaround and flexible repayment periods of up to 120 months. Bank officials noted that the 10-year term is intended to support disciplined cash-flow management while protecting the day-to-day financial stability of borrowers.
Data from Statista suggests that nearly 70% of Ugandans identify limited access to credit as a primary barrier to achieving their financial goals. KCB Bank officials said the new terms are designed to bridge this gap for individuals who may lack physical assets to use as security but have stable employment income.
Beyond personal lending, KCB Bank Uganda provides a range of financial products, including life and health insurance through bancassurance, mortgage financing and digital credit options such as MoPesa.
KCB Bank Uganda is a commercial bank licensed and regulated by the Bank of Uganda. It operates 15 branches, 24 ATMs and more than 500 bank agents across the country.
KCB Bank Uganda Limited is a subsidiary of the Nairobi-based KCB Group, is a licensed commercial bank operating since 2007, now ranking among the top 10 financial institutions in the country. With 16 branches and a focus on digital banking, SMEs, and corporate clients, it provides services including mobile banking, internet banking, and agency banking.
As of early 2026, it is ranked 10th out of 24 commercial banks in Uganda, holding a 3.5% market share of total assets.