School Fees Loans

 
You can take advantage of the Glotrans School Fees Loan to ensure your children & wards remain in school. Glotrans School Fees Loan offers customers with salaries domiciled a convenient way to pay the tuition of their wards registered in private schools across Uganda from Pre-school to Primary, Secondary levels, Colleges and Universities

PURPOSE
- Payment for school fees

TERMS AND CONDITIONS FOR SCHOOL FEES LOAN
1. MAXIMUM AMOUNT: SHS 5,000,000(Five million shillings).
2. MAXIMUM PERIOD: 3 months
3. INTEREST RATE: 5% reducing balance
4. TYPE OF COLLATERAL NEEDED:
i. Land sales agreement shs 500,000 – 5millions
ii. Car log books - 5MILLIONS
iii. Land title –– shs 500,000 -shs 5MILLIONS
5. CLIENTELE CATEGORY: Parents who want to pay fees for their children or themselves for upgrading Must present student’s report, bank slip, admission letter for university students, students' card.
6. GUARANTORS NEEDED: 1 guarantor and spouse
7. SECURITY EVALUATION: search on both land title and car log book to be done.