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Home Car Tools & Services Car Finance

Car Finance

🚗 Car Finance Uganda

Compare auto loans from leading banks, SACCOs, and microfinance institutions. Find the best interest rates and terms for your vehicle purchase.

Quick Loan Calculator

Estimate your monthly payments

Monthly Payment
USh 1,113,230
Loan Amount: USh 40,000,000
Total Interest: USh 13,435,037
Total Payment: USh 53,435,037

Top Lenders in Uganda

Compare interest rates and terms from leading financial institutions

Lender Type Interest Rate Max Term Down Payment Processing Fee Contact
Stanbic Bank Uganda bank 13.5% - 18% 60 months 10% min 1% 0800 211 100
Centenary Bank bank 14% - 19% 48 months 15% min 1.5% 0800 200 333
DFCU Bank bank 13% - 17.5% 60 months 10% min 1% 0800 299 000
Pride Microfinance microfinance 18% - 24% 36 months 20% min 2% 0800 144 337
Housing Finance Bank bank 13.5% - 18.5% 60 months 10% min 1% 0800 299 249
Equity Bank Uganda bank 14% - 19% 60 months 10% min 1% 0312 226 400
Stanbic Bank Uganda
Bank
Interest Rate: 13.5% - 18%
Max Term: 60 months
Down Payment: 10% min
Processing Fee: 1%
Max Finance: 80%

0800 211 100

info@stanbic.co.ug

stanbicbank.co.ug

Features:
Quick approval Flexible terms Existing customer rates +1
Centenary Bank
Bank
Interest Rate: 14% - 19%
Max Term: 48 months
Down Payment: 15% min
Processing Fee: 1.5%
Max Finance: 75%

0800 200 333

customercare@centenarybank.co.ug

centenarybank.co.ug

Features:
Low interest rates Wide branch network Quick disbursement +1
DFCU Bank
Bank
Interest Rate: 13% - 17.5%
Max Term: 60 months
Down Payment: 10% min
Processing Fee: 1%
Max Finance: 85%

0800 299 000

info@dfcugroup.com

dfcubank.co.ug

Features:
Competitive rates Flexible repayment Insurance bundled +1
Pride Microfinance
Microfinance
Interest Rate: 18% - 24%
Max Term: 36 months
Down Payment: 20% min
Processing Fee: 2%
Max Finance: 70%

0800 144 337

info@pridemicrofinance.co.ug

pridemicrofinance.co.ug

Features:
Accessible to all Group loans Minimal requirements +1
Housing Finance Bank
Bank
Interest Rate: 13.5% - 18.5%
Max Term: 60 months
Down Payment: 10% min
Processing Fee: 1%
Max Finance: 80%

0800 299 249

info@housingfinance.co.ug

housingfinance.co.ug

Features:
Competitive rates Long repayment Asset financing +1
Equity Bank Uganda
Bank
Interest Rate: 14% - 19%
Max Term: 60 months
Down Payment: 10% min
Processing Fee: 1%
Max Finance: 80%

0312 226 400

info@equitybank.co.ug

equitybank.co.ug

Features:
Regional banking Mobile integration Flexible terms +1

Loan Requirements

  • National ID or Passport
  • Proof of income (payslips/bank statements)
  • Employment letter (for salaried)
  • Business registration (for self-employed)
  • Vehicle proforma invoice
  • Passport photos (2 copies)
  • Utility bill (proof of residence)
  • Recommendation letter (some lenders)
  • Guarantor details (if required)

Apply for Car Loan

Submit your details and we'll connect you with lenders

Car Finance FAQs

What's the minimum down payment in Uganda?

Most banks require 10-20% down payment. Some microfinance institutions may require up to 30% for first-time borrowers.

How long does loan approval take?

Banks typically take 3-7 working days. Microfinance institutions can approve in 24-48 hours.

Can I get a loan with a foreign passport?

Yes, but you may need a work permit, residence permit, or additional documentation depending on the lender.

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