What are the Yako Bank products and services?
Recurring deposit accounts
Fixed deposit accounts
Corporate savings accounts.
Where can one find Yako Bank branches?
Raja Branch – On Parliament Avenue
Jinja Branch – On Main Street, next to KCB
Forest Mall Branch – On the Forest Mall building opposite KFC
Is there an MTN platform where clients can deposit money directly from their mobile money accounts?
We do not yet have an MTN platform, only Airtel for now.
Can I use the mobile banking App to transact on my account?
Currently, only viewing rights are active, clients can’t transact on the App but we are transaction rights are in development.
Can I use my fixed deposit as security to acquire a loan from your Bank?
Yes. Clients can use their fixed deposits as security to obtain a loan up to 80% without any guarantor.
Can I use my land agreement as security to acquire a loan from your Bank?
No, land agreements aren’t used as collateral to obtain a loan but rather land titles.
What securities can be used to acquire a loan at Yako Bank?
Car logbooks with comprehensive insurance
What is Yako's Loan duration?
1 year (12 months) – 3 years (36 months)
What are Yako loan products?
Housing and Corporate Housing Loan
Term and Corporate Term Loan
Labour Export Loan
Salary Loan to Employees
Does Yako bank offer cheques for the accounts opened?
Currently, Yako Bank is not issuing cheques to clients