Personal Overdraft is a short term facility that allows you to overdraw your current account for 6 months up to a maximum amount of ₦3 million.

Customers pay no charges when receiving their money

You repay only 5% of the amount borrowed every 30 days when your salary is paid again.


  • By having to repay 5% every month till the end of the 6 months tenor when you have to repay the total outstanding, you are assisted in managing your finances.
  • Gives you the money you need when you do not have sufficient funds in your account.
  • Considerate, structured and convenient terms of repayment
  • Competitive interest rate

Target Audience

  • Executives, partners and middle level management staff of reputable organisations in the private or public sector who are confirmed and earn an after tax annual income of N5million
  • Individuals whose salaries must have been paid through UBA for at least 3 months
  • UBA account holders
  • Individuals who do not have a history of returned cheques due to insufficient funds

How To Apply

  • Complete a UBA Consumer Loan Application form which you may download online or pick up from any of our branches.
  • Submit your application to the Customer Service Officer in your branch

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