Rating based on 7 reviews



  • Personal loans bad credit up to R180,000
  • Competitive interest rates
  • Repayment up to 72 months

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uBank homepage

Author uBank. Screenshot of uBank website. [Accessed June 22, 2020]

About uBank

UBank has been providing basic financial services to mine workers and their families for more than 40 years.

Ever since UBank was established, we’ve managed to entrench ourselves primarily within the gold and platinum mining communities. We mainly offer our services in these selected mining and rural communities in South Africa.

We’re a trusted, local bank

Although we’ve been in the finance industry for many years, we’re still the bank you can trust to introduce the latest technology and security. This allows us to protect your information. It also allows us to give you excellent service. We’re a registered and authorized financial service provider that adheres to the terms and regulations of the NCA.

The uBank mandate

UBank has been providing hope, or rather, helping miners connect with their loved ones. Miners have long used uBank to send money to their families living in other towns and provinces. We’re still striving to remain the miners’ number one bank. And we also plan to service the broader working market in South Africa.

We strive to uplift the lives of South Africans

Ever since we started operating, we’ve been providing miners and working South Africans with affordable banking services. We strive to uplift the lives of our customers by:

  • Maintaining our partnerships with the communities we serve
  • Empowering and educating customers to help them achieve financial success
  • Nurturing relationships that are built on listening, action, and communication
  • Working on incorporating the principle of Ubuntu in all that we do

uBank Services

We offer services that can help you reach new heights.

uBank one of the few banks that constantly improve their services to ensure your banking and financial needs are fully met. Even those with poor credit histories are able to access personal loans for bad credit.

Apply for UBank personal loan

We’re a bank that wants nothing but to help people improve their lives. We can guarantee financial help for all those who need it. We can offer you a personal loan of up to R180 000, which you’ll have to repay in monthly installments of up to 72 months.

UBank loan is designed around your needs

Our experience has helped us become aware of the needs of our people. We also treat people with respect and kindness and strive to tailor our services to meet their individual needs.

Hence, we ensure that we give people loans that are tailored to accommodate their particular needs.

You can choose flexible repayment options from 1 to 72 months. Before giving you a quick cash loan, we’ll do the necessary affordability checks.

Things you should bring when applying for a UBank loan

When you need a loan from us, we don’t ask you for any unnecessary documents. We only need:

  • A recent original payslip
  • Proof of physical address, less than 3 months old
  • A South African Identity Document or a valid Passport with a valid work permit
  • To those who are not banking with UBank, we’ll need a bank statement for the last 3 months

uBank – Personal loan bad credit

  • Loan Type Personal loans bad credit
  • Loan Amount up to R180,000
  • Repayment 1 month to 72 months

Benefits of uBank

  • Borrow up to R180000
  • Apply for a loan online
  • Get competitive interest rates

Personal loan bad credit calculator


The interest rate of a loan will vary based on your credit score and risk profile.

This loan calculator is for illustration purposes only.
The use of this Online loan calculator is subject to our terms of use.

Get one step closer to meeting your financial needs

We’re a bank that ensures your needs are well-taken care of.

Fill in our online loan application form and a consultant will get back to you within 48 hours. After your application has been approved, you’ll have access to your funds straight from your uBank account.

How to apply for uBank loan

When you need a loan, you can apply by visiting any of our branches. Or rather complete the steps of our online loan application. It consists of a pre-application declaration that requires you to specify your employment status and whether or not you’re under debt review. If we’re happy with your answers, our consultant will be in touch.

Is credit good for your financial well-being?

Credit can improve your life only if you’re responsible and use it for the right reasons. Borrow money only when you need to cover needs not wants. And ensure that you only choose the repayment terms and installment amounts you can afford.

Pay off your loan in time

Having a loan is not as exciting as it seems. A loan can turn your life upside down. It’s so important to repay it as early as you can to avoid complications. You can pay off a personal bad credit loan early to:

  1. Improve your credit score
  2. Improve your chances of getting a loan in the future
  3. No additional fees and interest

uBank is easily accessible

You can become a client and apply for a long or short-term loan by visiting any of our branches. You can also chat with us on Facebook, Twitter, and Instagram to learn more about our services and how we’re giving back to our people.

man holding thumbs up

uBank is a trusted & reliable provider of personal loans bad credit

In our review, uBank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

uBank is a registered credit provider in South Africa: NCRCP21

Customer Reviews & Testimonials

April 2020

I am a married woman. My husband works in one of the Mpumalanga mines. He always deposits the money to feed my family at UBank. I am still happy with their low interests.

Sethu M
— Umtata —

October 2019

At first, I was not using UBank but when I heard about their affordable loans, I had to visit them. And that was the best decision I made. They have amazing loans.

Marry K
— Durban —

June 2019

I had an emergency that I needed to take care of. I applied for a UBank loan. Their application process was so fast, and I received my payout in no time.

Kristin B
— Khayelitsha —

uBank Contact

Physical Address

Postal Address

  • Private Bag X 0030, Halfway House 1685, South Africa

Opening Hours

  • not available