Secured term loans
A term loan can help you cover the unexpected expenses of life. Whether it’s school fees, medical bills or rent, take advantage of our competitive interest rates, fixed monthly repayments and a loan tenor of up to 7 years.
N100 000
Minimum monthly income
Fixed
Term
Some of the benefits
Affordable
Take advantage of competitive interest rates
Access to funds
Borrow up to 100% of your income
Reliable
Fixed monthly repayments that you can budget for
Flexible loan tenor
Up to 7 years to repay your loan
How to get it
- You must be 21 or older and not older than 60 by the end of the repayment tenor
- Earn a minimum net monthly income of N100 000
- Your salary must be paid into a Stanbic IBTC Bank account
- You must be a Nigerian citizen with permanent residency
- Employed by the same employer for the last 6 months
- Pass all relevant credit checks and loan approvals
What you get
- A personal loan that offers the same interest rate and repayments throughout the loan tenor
- Monthly electronic statements
- If approved for the loan, funds will be paid directly into your salary account
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How to get it
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What you get
- You must be 21 or older and not older than 60 by the end of the repayment tenor
- Earn a minimum net monthly income of N100 000
- Your salary must be paid into a Stanbic IBTC Bank account
- You must be a Nigerian citizen with permanent residency
- Employed by the same employer for the last 6 months
- Pass all relevant credit checks and loan approvals
- A personal loan that offers the same interest rate and repayments throughout the loan tenor
- Monthly electronic statements
- If approved for the loan, funds will be paid directly into your salary account
We also offer
Visa Platinum Naira Credit Card
A premium Stanbic IBTC credit card with access to 5-star offerings.
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.