Consumers Loan

This is designed for workers who want to use the facility for personal, family, or household purposes, or for consumable items like household appliances and payment of school fees.

Features

  • Must be working in a reputable organization (Salary Earner)

  • Must be confirmed staff

  • Loan size-N50,000-N500,000

  • Maximum Repayment period of 4 -12 Months

  • Must have been in employment for at least six months

  • Issuance of post-dated Cheque against salary account, certificates etc

  • 4% Monthly Interest rate(reducing balance)