Frequently Asked Questions
Though most of the information you will need have already been presented, the following are some frequently asked questions.
Yes, we don't take any fees for opening an account.
Yes, you can send money from MUGFIC to another bank?
.1. Visit any of our MUGFIC branches and speak to a representative about opening and account. 2. Provide identification documents such as; Passport or National ID card. 3. Complete an application form which will comprise of your personal information 4. Provide proof of address, by providing your localization plan 5. Provide initial deposit. This will depend on the type of account you intend to open 6. Review and sign account agreement. A copy of the account agree will be given to the customer to review and sign 7. Receive account information: The customer will be provided with their account number, as well as information about how to access their accounts through mobile banking. 8. Start banking.
No, we don't provide our account holder's information to any third-party organization.
We have several loan plans. Choose the best plan suitable for you and contact one of our representatives to get more details on acquiring a loan.
We have several FDR plans. Choose the best plan suitable for you and just click on the Apply Now button and put the amount.
We make your life comfortable with our Products and services.
Current Accounts
Make deposit and withdrawal at any time with your Current Accounts.
Payment of Civil Servants, Pensioners & other Salaries.
Payment of Civil Servants, Pensioners & other Salaries.
Bank Statement/Guarantee
Generate your bank statements whenever needed.
Contract Financing
Finance your Contracts
Overdraft Facilities
Take an overdraft and follow-up your business
Daily Savings
Save money on daily basis and enjoy your returns by the end of the month
Loan Accounts
Create Loan Accounts and manage your loans with ease
Term Deposit Accounts
Deposit money into your account depending on your terms, it could be from one month to a few years.
Savings Accounts
Save your money and receive interest on it
Money Transfer
Our Money transfer system is secure and easy. Send your Money to your beneficiaries within MUGFIC or to other banks. Transfer within MUGFIC is instant and to other banks may take 24 hours.
Deposit Money
Account-holders of MUGFIC are able to deposit their money through our several payment systems. You can do deposits either through our branches or via Mobile Money.
Withdraw money
Account-holders of MUGFIC are able to withdraw money from their accounts via any of our branches or via Mobile Money, that is after verification of account ownership.
We operate in one country but we render services world-wide
MUGFIC PLC is a secure and flexible financial Institution which provides top-notch financial services and products to its customers, while prioritizing their financial well-being and helping them achieve their personal and business financial goals
200K+
Account Holders
2B+
Total Transaction
10+
Total Branches
1
Country(es) We Serve