New customers can access between N100,000.00 to N750,000.00 while existing customers can get up to N2,000,000.00. This however depends on our risk assessment criteria as well as each borrower’s capacity to repay.
Frequently Asked Questions
We apply a risk-based pricing to determine repayment on loans.
You must be in a paid employment or run a business.
Your age should be between 22 and 50 years.
You must have an active salary account.
You must be resident in Lagos.
You must have a pension account.
No, you cannot make part payment as your loan repayment dates are agreed before loan disbursement; however a change in repayment date is possible depending on your cash flow. Charges will apply in case you change your repayment date.
Yes you can pre-liquidate your loan; however there is a pre-liquidation fee of 2% of loan value.
You can apply immediately after a full repayment of existing loan.
You cannot have more than one loan at a time, but you can apply for a top up loan after at least three repayments on your existing loan.
A top up simply means additional funds to the balances on an existing loan facility. The existing facility will be liquidated in order to process a new loan, as you cannot have two loans running.