Loan Product
Micro Credit
Micro scheme for our customers who are involved in petty trading.
Requirements
- Application Letter
- Duly Completed Loan Application Form.
- Any other documents as might be required by the bank.
Features & Benefits
- Duration: 23 weeks (6 months)
- Maximum Loan Amount, not exceeding N360,000.
- Rate: 15% flat (2.5% monthly)
- Credit life Insurance 2% flat
- No collateral
- Customers must be engaged in income generating activities.
