Motor Vehicle Loan

Drive your dreams whenever you need to. No delays.

Overview

Do you need to purchase your first car or buy your loved one a gift? The BANK OF AFRICA Motor Vehicle Loan is designed with you and your family in mind.

Calculate your indicative loan

The calculator results below are based on the indicative interest rate and tenor calculated on the amount you enter. Actual rates and monthly repayments may differ and will be based on your personal conditions, employment, the loan amount and period.
  • Access special offers from our car dealership partners. Look out for special announcements in the press and on our social media pages. 
  • Enjoy discounted interest rates
  • Financing options of up to 100% value of motor vehicle
  • Get amounts of up to UGX 500,000,000
  • Flexible and affordable monthly repayments of up to 72 months
  • Peace of mind with our car loan insurance covers
Motor Vehicle
SHS
 

Ways To Apply

Apply nowFill out your secure application in under 10 minutes to get your personal loan.
Apply
Online
Book an appointmentMeet with one our Relationship Managers at a branch, your office or virtually
Book
Now
Call UsReach our Service team now to get quick help in signing up for our services
Call
0800 100 140
Request A call backOne of our specialists will call you at a time of your convenience
Call
Back

Car Dealer Partners - Special Offers

Choose from an array of our accredited Car Dealer partner offers and enjoy special discount rates on new or reconditioned cars. Enter the special promotion code in your online application to enjoy amazing discounts on your car loan.
  • Completed loan application form (provided by the bank) or available online here
  • Valuation report of vehicle to be financed. Brand new cars exempt
  • Proforma invoice of car to be purchased
  • Copy of financial card
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