UBA Personal Loan & Click Credit Calculator
Estimate the monthly repayment on a UBA Personal Loan (up to ₦30 million) or work out what Click Credit Plus would cost you. Free, no signup.
fin·calc is an independent, unaffiliated calculator — not endorsed by, sponsored by, or affiliated with UBA (United Bank for Africa). Product names and terms below are drawn from UBA's own website; UBA does not publish a fixed interest rate online, so treat the rate field here as an illustrative input and confirm your actual offer with the bank.
What UBA's Personal Loan and Click Credit Plus actually offer
UBA runs two very different personal-lending products, and it's worth not confusing them. The Personal Loan is a standard salary-backed instalment loan: UBA's own Nigeria site lists a range of ₦200,000 to ₦30,000,000, capped at up to 60% of your debt-service ratio, with a flexible repayment period of up to 60 months (5 years). To qualify you need to be a confirmed staff member of an organisation on UBA's approved employer list, hold a UBA salary account, and provide a valid ID, completed application form, offer letter and staff ID. UBA charges a one-off management fee of 1% of the loan, deducted at disbursement, and repayment is by salary deduction into your UBA account. UBA describes the rate only as "attractive" — it does not publish a fixed interest rate figure online, so the rate box above is an illustrative input, not a quoted UBA rate.
Click Credit Plus is a separate, much smaller instant-cash product accessed through UBA's USSD banking menu — dial *919*28# from your registered UBA phone number. UBA markets it as "no paperwork, no collateral," aimed at short-term cash needs rather than the larger, longer-term Personal Loan.
| Product | Amount | Max term |
|---|---|---|
| UBA Personal Loan | ₦200,000 – ₦30,000,000 | up to 60 months |
| UBA Click Credit Plus | Instant, USSD-based | Short-term |
Sources: UBA Nigeria Personal Loan and Loans & Payments pages, ubagroup.com (accessed 24 September 2026). Rate field above is illustrative — verify your actual rate and fees with UBA.
How the CBN's September 2026 rate cut fits in
On 22 September 2026 the Central Bank of Nigeria's Monetary Policy Committee cut the benchmark Monetary Policy Rate (MPR) by 350 basis points, from 26.50% to 23.00% — its largest single cut since December 2006 — after inflation eased to 15.39% in August 2026 and the interbank rate had already been trading nearer 22% (Nairametrics, accessed 24 September 2026). The MPR is the rate the CBN charges banks, not the rate UBA charges you directly, but bank lending rates in Nigeria tend to drift with the MPR over time. Since UBA doesn't publish its Personal Loan rate, the only reliable way to know how the cut has (or hasn't) fed through to your own offer is to ask your UBA relationship manager for a current quote.
Worked example
Illustrative example — not a UBA quote — using clearly labelled inputs: a ₦10,000,000 UBA Personal Loan at an illustrative 29% p.a. over a 5-year (60-month) term, reducing-balance basis:
- Monthly payment: ₦317,419
- Total interest: ₦9,045,122
- Total payable: ₦19,045,122
On UBA's published 1% one-off management fee, ₦10,000,000 borrowed would also carry a ₦100,000 management fee deducted at disbursement — on top of the interest shown above. Change the amount, rate or term in the calculator to match your own offer once UBA confirms it.
Frequently Asked Questions
What loan products does UBA offer individual customers?
UBA's main personal-lending products are the Personal Loan, which pays up to ₦30 million into your UBA salary account, and Click Credit Plus, an instant, collateral-free cash advance you access by USSD. UBA also lists Auto Loan, Mortgage Loan and a Senior Citizens Loan for pensioners aged 50–75 (ubagroup.com, accessed 24 September 2026).
How much can I borrow with a UBA Personal Loan and for how long?
UBA's Personal Loan runs from ₦200,000 up to ₦30 million, capped at 60% of your debt-service ratio, repayable over a flexible term of up to 60 months (5 years) by salary deduction into your UBA account (ubagroup.com, accessed 24 September 2026).
What fees does UBA charge, and what is the interest rate?
UBA discloses a one-off management fee of 1% of the loan, deducted at disbursement. UBA's own Personal Loan page does not publish a fixed interest rate online — it only says the rate is "attractive" — so use the calculator's rate as an illustrative figure and confirm your actual quote with UBA before borrowing (ubagroup.com, accessed 24 September 2026).
How do I apply for UBA Click Credit Plus?
Dial *919*28# from the mobile number registered to your UBA account, one of the options inside UBA's *919# USSD banking menu. UBA describes it as needing no paperwork and no collateral (ubagroup.com, accessed 24 September 2026).
Sources
- UBA Nigeria — Personal Loan (accessed 24 September 2026)
- UBA Nigeria — Loans & Payments overview (accessed 24 September 2026)
- UBA Nigeria — *919# USSD Banking (Click Credit Plus code) (accessed 24 September 2026)
- Nairametrics — CBN cuts MPR to 23% after holding rate at 26.5% (accessed 24 September 2026)