Turn your business goals into reality with Bank of Kigali.

Open

• Loan Application Letter
• Company registration documents
• Company financials for the last three months
• A solid business plan in case of a new business
• Shareholder identification documents
• Proposed collateral property with valuation report
• . Copy of the title deed for the security, if it is a house or plot

Clients/prospects in the various business units’ target markets fulfilling the risk acceptance criteria set by the Bank, but with a proven record of monthly income to be channelled in our books.

• The IPF will be used to finance all types of insurance policies except medical and life insurance policies.
• The Bank will only finance premiums for insurance policies that are current and continuing or newly written policies.

• A commitment from the insurance company guaranteeing the repayment of the unutilized premium portion in case the customer fails to honor its repayment obligations within a period not exceeding 7 days.
• Upfront payment of first two installments.
• Personal guarantee of the shareholders for the total facility amount plus accrued interests.
• Additional collaterals may be requested depending on the risk profile of the client.

Turn your business goals into reality with Bank of Kigali.

Open

• Loan Application Letter
• Company registration documents
• Company financials for the last three months
• A solid business plan in case of a new business
• Shareholder identification documents
• Proposed collateral property with valuation report
• Copy of the title deed for the security, if it is a house or plot

Gisubizo Loan Express is an unsecured loan that seeks to meet short term financial needs/urgent needs for bank retail customers. Maximum is 15 times net salary.

• Open

• Contract of employement
• Clean Credit Reference Bureau report

Medium and long term facility for acquisition, renovation or construction of residential houses, commercial buildings, schools, medical clinics, etc

• Open account in UB
• Regular income (from: salary, business, livestock, rent, etc...)
• 30 % for other customers

• Application letter
• Company Registration Certificate/ID copy of the applicant and his guarantor
• Legal status certificate - RRA Tax Clearance Certificate
• Valuation report of the property and bill of quantity of remaining work (done by a valuer, which has a partnership with UNGUKA Bank Ltd)
• 34: Construction permit
• Collateral title documents
• Act of lending property if the collateral doesn’t belong to the borrower
• Life insurance is mandatory
• Fire insurance
• Provision sales agreement for purchase
• Notified Board resolution for companies
• Bank statements for the last 6 months (if account held with another financial institution)