Exclusive Short-Term Financing for Vehicle Loan Customer
At Umba, we are always looking for ways to empower our customers with flexible financial solutions tailored to their needs. That’s why we’re excited to introduce our latest offering Boost Loans designed to give you a quick financial lift with minimal fuss.
What is the Boost Loan?
The Boost Loan is a short-term loan available exclusively to our existing vehicle finance customers. Whether you need a quick infusion of cash for personal expenses, urgent bills, or short-term goals, Boost Loans offer the convenience and flexibility you need. The loan comes with a 1-month repayment period and is perfect for customers looking for a short-term solution without the burden of long-term commitments.
Key Features
- Loan Amount: Borrow between Ksh 5,000 and Ksh 100,000. Whether you need a small boost or a more significant amount, we’ve got you covered.
- Eligibility: This loan is available only to existing and performing customers who have demonstrated reliability and commitment in previous loans. Your excellent track record with Umba has earned you access to this fast and flexible product.
- Interest Rate: Enjoy a competitive 10% flat interest rate, making Boost Loans one of the most affordable short-term loan products in the market.
- Fast Approval: Because we value your time, the Boost Loan approval process is designed to be quick and easy.
How to Apply for a Boost Loan:
- Log in to your Umba app
- Go to the Loans section at the bottom of your screen.
- If eligible, you will see a "Loan Offer Available" button.
- Use the slider to select your desired loan amount within the offered limit.
- Review and agree to the terms and conditions.
- Confirm your loan request, and your funds will be credited to your Umba account shortly.