Salary Loans

This service is for salaried individuals on permanent or contractual employment. Its aim is to provide solutions when you’re going through a shortterm gap in cash flow.


  • Open a harvest account at any branch of Tropical Bank
  • Original copy of employment terms
  • Original copies of salary slips for the last three months
  • For new accounts, certified statements from previous banks for at least sixmonths
  • Credit Reference Bureau-Financial Card Reference Number
  • Letter of undertaking by employer to remit salary and gratuity to the employees’ account with the Bank


  • Amounts range from UGX 1,000,000 to UGX 60,000,000
  • Total loan repayments do not exceed 45% of net salary, inclusive of interest


  • Monthly repayments up to 5 years or 60 monthly installments
  • Top up facility is available if 50% of loan amount has been repaid
  • For Contract Employees, repayment period shall not exceed contract period


  • Attractive interest rates
  • Flexible repayment period of up to 5 years
  • Enables the employees to achieve short term and long term personal development plans
  • Covers for all other personal needs like tuition fees, rent, etc


  • Salaried employees from reputable organizations
  • Self-employed professionals and business persons
  • People who are between 21- 60 years