Nigeria
Sign in
Personal
Business
Corporate and Investment
Transaction Banking
Transaction Banking
Insights
Insights
Global Markets
Global Markets
Products and Services
Sectors
Sectors

Secured term loans

secured term loans banner

Get personal short term loan at a fixed monthly repayment amount to suit your lifestyle needs such as medical, house rent, car maintenance, school fee, wedding and pay it off at a time you feel comfortable with. 

Some of the benefits

Affordable

Get a competitive interest rate

Access to funds

Borrow up to 100% of your income

Reliable

Fixed monthly repayments that you can budget

Updates

Monthly statements to track the progress of your loan repayment
How to get it
  • You must have been with your current employer for six months or longer.
  • Your salary must be paid into an account held with us. 
  • You need to be permanently employed or be a contract worker at an approved company with valid contract terms.
  • You have to be a Nigerian citizen with permanent residency.
  • You should earn a minimum net monthly income of N100 000.
  • Must be 21 years or older (but not older than 60 years on expiration of the facility).
  • You must have a satisfactory credit bureau report. 
What you get
  • A personal loan that offers the same interest rate and repayments throughout the term of the loan.
  • Monthly electronic statements
  • On approval, funds will be paid directly into your salary account
What it costs
  • A minimum income of N100 000

 

  • How to get it
  • What you get
  • What it costs
  • You must have been with your current employer for six months or longer.
  • Your salary must be paid into an account held with us. 
  • You need to be permanently employed or be a contract worker at an approved company with valid contract terms.
  • You have to be a Nigerian citizen with permanent residency.
  • You should earn a minimum net monthly income of N100 000.
  • Must be 21 years or older (but not older than 60 years on expiration of the facility).
  • You must have a satisfactory credit bureau report. 
  • A personal loan that offers the same interest rate and repayments throughout the term of the loan.
  • Monthly electronic statements
  • On approval, funds will be paid directly into your salary account
  • A minimum income of N100 000

 

We also offer
credit card
Visa Platinum Naira Credit Card

A premium Stanbic IBTC credit card with access to 5-star offerings

Dispora_Banking_SB_1162756243
Diaspora Banking

This is a specialised offering for Nigerians living abroad. It allows them to send money back home to relatives, manage finances in Nigeria, save to buy a home, invest in local denominated wealth instruments, and execute projects amongst other things.