Trust Mobile Loan from Finance Trust Bank, a commercial bank in Uganda, is a simple and quick way to borrow money from anywhere in Uganda.
If you’re looking for a simple and quick way to borrow money from anywhere in Uganda, we recommend checking out the Trust Mobile Loan from Finance Trust Bank, a commercial bank in Uganda.
Finance Trust Bank (FTB) account holders can get a quick loan conveniently using their mobile phones. They can use this money to pay bills, school fees, buy groceries, and travel, among many other things.
To do this, one must first apply for Trust Mobile loans also known as “Ku Siimu loans”.
Below are the benefits of signing up for Uganda’s Finance Trust Bank mobile loan, requirements, and more.
Requirements for the Trust Mobile Loan
- The applicant must be the main account holder.
- The applicant must have a Trust Mobile banking account.
- It is required to register with the Credit Reference Bureau.
- Before consideration for the following facility, the applicant must pay off the facility in full.
- The applicant must have been a Finance Trust Bank customer for at least six months.
- An active transaction account is required of the applicant.
- The applicant must have a solid repayment record as shown by their CRB report.
- The applicant must be at least 18 years old.
- Applicant must have a registered phone number.
Benefits of Trust Mobile Loan from Finance Trust Bank Uganda
- A rapid loan can be obtained without visiting the banking office.
- Maximum loan amount of $1,000,000
- Pay back the loan within three months.
- Lower fees for processing loans for customers
- Loan repayments will be made at the convenience of their homes or places of business, saving time spent travelling to branches to deposit repayments.
Trust Mobile Loan – How to apply / Loan ku Simu
To obtain a fast loan of up to US$ 1,000,000 payable over three months, just dial *224# and follow the instructions.
Option two is to download the Trust Mobile app. Download and install the Finance Trust Bank mobile app if you have a smartphone.
Both the iOS App Store and the Google Play Store offer the app. Launch the app after a successful download, then enter the pin and the activation that was issued to you by SMS.
After successfully logging in, change your pin to one that is more secure and begin mobile transactions like requesting a loan, which is simple and without limitations. It’s very easy and you’ll receive money in just a short time.
Conclusion
With the Trust Mobile loan, everything is done digitally from beginning to end by Finance Trust Bank. You apply for the loan on your smartphone or through the app, the bank considers it, and if it is granted, the loan funds are disbursed directly to you rather than at the bank.
You may apply for a loan anywhere, including your house, a taxi, and even a grocery shop. The ability to access money fast can be extremely useful.
