Micro Loan

Account Information

Description
Features
Requirements

This account is designed to empower individuals and small scale businesses with flexible loans.

  • Small loan amounts for small businesses.
  • Loan range between ₦100,000 – ₦2,000,000.
  • Streamlined and straightforward application process for quick access to funds.
  • Competitive and transparent interest rates.
  • Dedicated customer support to assist throughout the loan application process as well as ongoing support after application.
  • Duly completed loan application form.
  • CAC 7 form.
  • Two references.
  • One recent passport photograph.
  • Valid identification of signatory (Driver’s License, International Passport, National Identity Card or Voter’s Card).
  • Residence permit (where applicable).
  • Public utility receipt dated within the last three months (Electricity bill, water rate bill, tenement rate, rent receipt, telephone bill).

FAQs

Registered business owners are the most eligible for this loan.

You can download the account opening form, fill it out, and visit our branch to provide all the required documents to access the loan.

All loans are processed and disbursed within 24 hours given that all documentations requirements are met.

See Also

SME Loan

Salary Advance Loan

Savings Accounts

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