What is the "School Fiiz Weight Off!" campaign about?

This campaign is designed to offer financial solutions to customers preparing for the back-to-school season. dfcu Bank provides tailored loans, insurance products, and special offers to ease financial stress.

 

 

What types of products are available under this campaign?

Everything You Need to Know About the School Fiiz Weight Off! Campaign

1. What is the "School Fiiz Weight Off!" campaign about?

The “School Fiiz Weight Off!” campaign is an integrated campaign that is targeting parents, guardians, schools, students, and education suppliers. It offers a variety of school payment channels and tailored financial solutions to ease school fees collection and reduce the financial and emotional burden of school fees, while promoting financial inclusion and literacy.

We are addressing the entire education ecosystem to drive transactional growth, deepen customer engagement, and position dfcu as the leading financial partner for parents, schools, and the wider education ecosystem.

 

2. Who is eligible to participate?

Campaign is open to all schools and parents that pay school fees through dfcu or parents/Guardians that will borrow from dfcu during the campaign period.

 

3. How do I participate in the campaign?

To participate:

1. Schools: Schools need to grow their school fees collection through dfcu by 20% not less than Ugx 500M for Kampala schools and Ugx 300M for Upcountry schools or takes up a bancassurance policy during the campaign period.
2. Parents: Parents should pay their school fees through dfcu Bank (school fees payment of not less than UGX 300,000) or borrow during the campaign period (net take-home of not less than UGX 15 million.)

 

4. Is the campaign available nationwide?

Yes, the campaign is open to all schools and parents that pay schools fees through dfcu or borrow from dfcu across the country during the campaign period.

 

5. Can I pay fees for multiple children and still qualify?

Yes, payments for multiple children or multiple institutions qualify as separate entries, increasing your chances of winning.

 

6. How long is the campaign running?

The campaign, along with the rewards attached to it will run for three months and customers are encouraged to act quickly to take advantage of the special offers.

Post campaign, customers can continue to borrow from dfcu to meet various personal and business cash flow needs.

School Fees Payment

1. How do I pay school fees?

Customers can pay school fees through our different convenient channels and schools fees payment platforms i.e. dfcu QuickApp, USSD *240#, dfcu Agents, dfcu Branches, SchoolPay, SurePay and Pegpay.

 

Loan Products and Features

1. What types of loans are available under this campaign?

i.Unsecured Personal Loans: Up to UGX 400M, reduced interest rates, and repayment holidays.

ii. dfcu Mobi-Loan: Up to UGX 5M at affordable rates.

iii. School Owners’ Financing: Up to UGX 500M unsecured loans.

iv. Vehicle & Asset Financing: Up to 100% financing with flexible repayment options and discounted interest rates.

v. LPO Financing offer: 70% financing at affordable interest rates.

 

2. What is the repayment period for the Unsecured Personal Loan?

Repayment terms extend up to 120 months, with a repayment holiday option of up to two months.

 

 i. How can I apply for a loan?

Customers can visit any dfcu Bank branch or contact their Relationship Manager for assistance. For dfcu Mobi-Loans, simply dial *240# for quick access and follow the prompts or log onto the Quick Banking platform to access the loan.

 

ii. How long does it take to process a School Bridge loan?

Loans can be processed within 24 hours for qualifying customers.

 

Insurance Products

1. What is Schools Comprehensive Cover?

Schools Comprehensive Insurance Cover is a policy that provides broad protection for a school’s property, vehicles, staff, students, and legal liabilities against losses arising from accidents, damage, theft, fire, injuries, or claims made by third parties.

 

2. What is School Motor Comprehensive Policy?

School Motor Comprehensive Insurance is a motor insurance policy specifically designed for vehicles owned (or used) by a school that offers the broadest level of protection. It combines the usual legal liability cover with extensive protection for the school’s vehicles themselves. The scope covers:

1. Accidental damage to the school bus,
2. 3rd party Liability,
3. Fire damage
4. Theft and burglary
5. Natural perils,
6. Passenger liability (Students and Staff onboard)
7. Windscreen and glass damage etc.

Rewards

1. Library Stock Up.

A school that increases its school fees collections by 20% and borrows from dfcu Bank or switches its school fees collection to dfcu Bank with school fess collections not less than UGX 500,000,000 for Kampala schools and UGX 300,000,000 for upcountry schools or takes up a Bancassurance Policy during the campaign period stands a chance to win Library Stock Up worth UGX 5,000,000.

 

2. Parents’ Cash Reward.

 We shall reward the first 15 parents up to UGX 500,000 each week, should they pay school fees through dfcu Bank (school fees payment of not less than UGX 300,000) or borrow during the campaign period (net take-home of not less than UGX 15 million.)

The 15 winners per week include 5 winners for school fees payment and 10 winners for borrowing. Overall, rewarding 195 winners throughout the campaign period.

 

The customers who pay school fees through dfcu will win UGX 150,000 whereas customers who borrow, will win tiered rewards, as per summary below.

Borrowing Tiers (UGX)	Rewards (UGX)
15M - 24.9M	200,000
25M - 49.9M	300,000
50M - 99.9M	400,000
100M - 400M	500,000

 

3. How will the winners be selected?

The first 15 customers who pay school fees or borrow through dfcu will win up to UGX 500,000 each week.

 

4. How will customers know if they have won?

1. Winners will be contacted directly by dfcu bank via 0800 222 000 / 0800 777 000.
2. They will need to present a valid national ID/passport at a dfcu Bank branch for verification.
3. Cash rewards will be deposited into their preferred dfcu Bank account.
4. Winner announcements will also be made via dfcu official communication channels.

Customer Support

1. Who can I contact for more information?

 

For inquiries:

Call: 0800 222 000 / 0800 777 000

Email: customercare@dfcugroup.com

WhatsApp: +256 776 760 760

 

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