Uba loan for non salary earner and self employed (with PIN or Code) - Startuppreneur

Uba loan for non salary earner and self employed (with PIN or Code)

While many banks now give loan to people in Nigeria, most of this loan is gear towards salary earner, you will hardly see loan product targeted at self employed or non salary earner.

Well after a thorough research we found out that UBA has a loan product target at this people though the name of these loan product is not actually synonymous to non salary earner or self employed.


This article is all about UBA loan for non salary earner and self employed: interest rate, repayment period and other important information that you need to know.

Requirements to getting loan from UBA (United bank for Africa)

The same requirements for other UBA loan product also applied here but a little lessen.

  • Be a Nigeria and reside in Nigeria
  • Have a UBA bank account and BVN
  • Have a source of income
  • You must not have defaulted on any loan before
  • You should have a good credit score

How much loan you can get as a non salary earner or self employed

As a non salary or self employed, you can get up to #1,000,000 from UBA but you will need to visit UBA bank before you can get up to this, if you hate visiting bank that means you will have to settle for less.

You can get up to #300,000 loan with out paper work or collateral from UBA with a code or through the UBA mobile app.

How to apply for UBA loan for non salary earner or self employed

You have two options to apply for this loan, you can apply through

Visit any UBA bank closer to your location, ask for UBA personal loan


You will be ask to fill a form

After this they will tell you to come back at a particular date

USSD code
Instead of wasting your time by going to bank you can apply with a USSD code. UBA loan ussd code is *919#.

Once you dial it select a loan and follow the prompt. If you have a good credit score the amount of loan available to you will be a high but if not it will be small.

UBA mobile app

This serves the same functions as ussd code. You can download the uba mobile app from play store, launch and register.

On the app you will see loan option, click it

You will see the amount of loan you are eligible to obtain

Click it and wait for disbursement

UBA loan interest rate and repayment period

UBA loan interest rate is around 2% to 25% depending on the amount of loan obtain. The repayment period is between 1 month to 12 months also depend on credit score.

How to repay UBA non salary loan

You don’t need to worry about this, the loan will be automatically deducted from your bank account, just ensure you have the total amount of the loan in your uba bank account.

What will happen if I default

If you default you will be penalized by increase in interest rate until you pay back. Though uba bank does not send defamatory message to defaulter’s contacts, if you default and refuse to pay back they will send your details to credit bureau which will blacklisted. You won’t be able to take a loan again in Nigeria.

What I like about UBA loan for salary earner or self employed

  • Easy to get
  • No collateral or paper work
  • Less interest rate compare to other loan app

What I don’t like about uba loan

  • The loan is small
  • You need to have a bank account with them spanning 6 months


UBA loan for non salary earner and self employed is easy to get and they do no harass their customer but take loan you know you can pay back.

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