Uba loan for non salary earners 2025

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  1. Click ‘Get Form’ to open the UBA Loan for Non-Salary Earners application in the editor.
  2. Begin with Section 1, Corporate Entity/Business Details. Fill in your company name, number of employees, and contact information clearly. Ensure all fields are completed accurately.
  3. Proceed to Section 2, Plan Details. Indicate the number of key individuals to be covered and select your payment frequency. Specify if you require disability cover and enter the policy term.
  4. In Section 3, Cash Deposits, provide receipt numbers and dates for any deposits made. Ensure amounts are entered correctly.
  5. Complete Section 4 regarding the debit order agreement by providing bank details and confirming your agreement to retain premiums in your account.
  6. In Section 5, Declaration, ensure that all information is true and complete. Sign as an authorized official and date the document.
  7. Finally, review all sections for accuracy before submitting your application through our platform.

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With the UBA Personal Loan, you can get up to N30 million, to help you live your dreams.
However, on average, most banks and financial institutions require a minimum monthly salary of ₹25,000 for salaried individuals. Some lenders may have higher requirements, ranging from ₹30,000 to ₹50,000 per month. Its important to note that meeting the minimum salary requirement doesnt guarantee loan approval.
While you can get approved for a personal loan without a job, some lenders may charge higher interest rates and fees due to higher risks. Alternatively, they may require a shorter repayment period and have lower loan limits if you are unable to verify your income.
2. Collateral or guarantor support: If you do not have proof of income, offering collateral assets like property, vehicles, or fixed deposits or having a guarantor can help increase the chances of your loan being approved.
To obtain the UBA Personal Loan, you would need to provide the following documents: A duly completed Loan Application Form. A copy of your pay slip and bank statement of account indicating salary inflows in the last 6 months. A letter of awareness from your current employer.
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People also ask

To be eligible for a UBA personal loan: You must be a confirmed staff member of your organisation. You must run a UBA Salary Account.
Many people think that you cannot get a loan without a job. But thats not true. There are numerous ways to borrow money if you dont have a traditional paycheck. Some lenders use your assets as collateral, while others lend based on your credit score and alternative sources of income.

uba quick loan for non salary earners