SALAD
Priority funding for the professional. The SALAD Loan is a premier credit facility, exclusively designed for employees of reputable organizations and High Net-worth Individuals seeking immediate, significant financial access against their stable monthly income.
Features & Benefits
- Customer must have banking relationship with GMFB for a minimum period of 3 Months
- Maximum Loan Amount, not exceeding ₦400,000
- Accessible in 2 buckets of 5 and 10 months (at the rates of 12.5% and 25% respectively for Individual)
- Rate: 3% flat
- Credit life Insurance 2% flat
- No collateral
- Group-migrated customers must have completed a cycle of the Beta Moni while Individual customers present a 6 months activity report from any commercial Bank
Requirements
- Application Letter
- Duly Completed Loan Application Form
- Any other documents that maybe required by the bank
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