dfcu Bank has partnered with World Navi Company Limited, a leading Japanese motor vehicle dealership, to launch a new Vehicle and Asset Financing solution tailored for individuals and businesses across the country.
Unveiled at dfcu Bank’s headquarters in Nakasero, the financing solution will enable Ugandans to import high-quality vehicles from Japan with confidence and convenience. The partnership introduces a range of customised financing packages for dfcu customers, spanning Corporate & Investment Banking, Commercial, Enterprise, and Personal Banking segments.
Mr. Yoshifumi Sawada, President of World Navi, emphasised the company’s commitment to quality and customer satisfaction: “We understand the frustrations Ugandans face when buying cars online—vehicles arriving damaged or not as advertised. At World Navi, we guarantee transparency and reliability. Every vehicle undergoes thorough diagnostics in Japan to ensure it meets our high standards. Our goal is to give Ugandan buyers peace of mind.”
Gloria Ssuuna Namutebi, Senior Manager – Vehicle & Asset Finance at dfcu Bank, highlighted the Bank’s continued efforts to make asset acquisition easier through strategic collaborations: “Our partnership with World Navi expands the options for clients needing reliable vehicles. Whether through direct loans or leasing, our solutions are tailored to individual and commercial needs, with terms designed for Uganda’s economic environment.”
Mathias Jumba, dfcu Bank’s Head of Integrated Channels, noted that the initiative supports the Bank’s mission of financial inclusion and development: “Vehicle ownership should not be reserved for a few. With this solution, we are opening doors for professionals, entrepreneurs, and families alike. We’re offering up to 100% financing at competitive interest rates starting at just 17% per annum.”
Key Features of the Financing Package: Engine and Transmission Warranty— A three-month warranty provided by World Navi, and Comprehensive Insurance — Starting from 2.8%, ensuring added protection.
Flexible Repayment Terms: Up to 7 years for brand new vehicles, up to 5 years for pre-conditioned vehicles and up to 4 years for vehicles aged 6–15 years. This flexibility ensures affordability for a wide range of buyers, aligning with the realities of Uganda’s automotive market.
The launch marks a significant step in dfcu Bank’s broader goal to empower individuals and businesses with accessible, innovative, and sustainable financial services. By simplifying access to reliable transport, the initiative is expected to boost economic productivity and mobility across Uganda.
Beginning May 15, 2025, eligible customers can visit any dfcu branch or engage a dfcu agent to start their journey toward vehicle ownership with confidence, backed by trusted service, transparent processes, and competitive terms.
