Salary Loans

Description

It is designed to meet the financial needs of all salaried account holders of the bank.

Features

  • The minimum tenure period is 6 months and a maximum of 60 months.
  • Insurance cover on loan against death and permanent disability.
  • Competitive interest rate

Requirements

  • Application letter
  • Valid national identification
  • Provision of three(3) guarantors
  • Undertaken from employers
  • One passport size photograph of the applicant

Benefits

  • Prompt response to a financial crisis such as:
  • Acquisition of consumer goods
  • Payment of school fees
  • Payment of medical bills
  • Settling of domestic issues, etc.