Secured term loans

Access to the money you need to achieve your goals with repayments over a fixed term

N100 000

Minimum monthly income

Fixed

Term

Some of the benefits

Get a competitive interest rate

Borrow up to 100% of your income

Fixed monthly repayments that you can budget

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

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