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Savings
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Sacco Savings account
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Loans
Got a question about Sacco Loans?Write to us
Bank account
Got a question about Mortgage Loan?Write to us
Loans
Got a question about Hire Purchase Loan?Write to us

We Have Helped More Than 1,000 Monitor Sacco Members

  • Best Offers Compared with banks
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Our Interest is no Comparison to Banks with just one non-binding application. We save you the hassle of Borrowing at High interest Rates

It takes 2 min. To fill out the application, you immediately get response from our Team.

We save you not only time, but in many cases also many thousands of Shillings

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October 23, 2022 | Uncategorized
Hello world!

I always get my loans processed quickly.

Lynda Ddane
Presenter KFM

Best service and smooth process. Keep going on Monitor Sacco. Thank you for immediate response on each stage of process. Kudos the whole team.

Faridah Nakazibwe
Anchor NTV Uganda

Instant Response on my Statements Everytime i have a query. Keep up the Spirit.

Patrick Mukasa
News Anchor NTV

Hustle free service, lowest interest Ever on loans. And the fact that i can get another loan on top, kawa.

Kheem GK
TV Presenter Spark TV

What Our Customers
Are Saying

Faridah Nakazibwe

Anchor NTV Uganda

Patrick Mukasa

News Anchor NTV

Kheem GK

TV Presenter Spark TV

Lynda Ddane

Presenter KFM

Our Advisors Are Ready To Help You

All weekdays 10.00 - 18.00
0200711231
info@monitorsacco.com

If a member wants to borrow an amount below UGX 1M, they can get triple the amount of their savings

If a member wants to borrow an amount above UGX 1M, they can get double the amount of their savings

A member must fill the SACCO loan form and have it signed by 2 guarantors.

All this is subject to 30% take home requirement for NMG employees.
For members outside, they must have a standing order effected for the period of loan repayment

The SACCO office handles emergency payments as and when they arise

The SACCO does not have loan refinancing

Loan forms are received daily by the Sacco office. The loans committee sits on Wednesdays and members are paid on Thursday and Friday

The maximum loan period is 36 months for the 1st loan at an interest rate of 1% on reducing balance
Maximum 24 months for the 2nd loan at an interest rate of 2% on reducing balance.
Maximum 12 months for the 3rd loan at an interest rate of 4% on reducing balance.

You can pay back your loan before the loan period requested. And you only pay the interest outstanding for that month.

You cannot change your loan application after it has been paid out

We Help With Both New Loan And TopUp Loan

Whether you need to borrow for renovation, car, holiday or want to combine your loans into one single loan, we will help you

New Loan
Topup Loan

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At Monitor Sacco, we’re using cutting-edge technology to transform the industry and deliver financial services that actually work for you.

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