We're always here to help with anything you need.
For Individuals
Lend money, grow your wealth & makes payments with Umba
Account management
Manage your business account as a team for seamless collaboration.
Fixed Deposits
Grow your money with attractive interest rates of up to 20% when you save with us.
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FAQ
We answered some of your most asked questions
Umba is a digital bank operating in Kenya and Nigeria
Umba Business is a business solution centered around payroll and employee financing.
1. Savings account with interest rate 2. Cashback on bills payment 3. Salary allocation settings 4. Salary advance 5. Installment loans and lots more
An employee can request up to 50% of their net salary per month.
Employees can get up to 3x their net pay per month and pay back within 3-9 months
It is 5% interest rate for the salary advance & 5% per month for the installment loans.
The lending relationship always resides between Umba and the lender. If the lender left the business it would be up to the lender to repay the Umba facility through an alternative payment method and schedule agreed by Umba and the lender.
Yes a pay slip will be automatically generated by the system and sent to the employee.
Employees can choose where they want to get paid whether Umba accounts or non-Umba accounts. However, they need Umba accounts to enjoy the benefits available with Umba.
Our customer Customer Experience team are always on hand to assist with any issues
How to Apply
Apply in three simple steps
- Fill the application form — provide your details and loan requirements.
- Customer representative calls — we verify details and discuss options.
- Loan disbursed — receive funds quickly once approved.
Fill the form
Complete the short application with your details.
Speak to our team
A representative will call to verify and guide you.
Receive funds
Get funds disbursed to your account on approval.