Personal Loan

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Personal Loan

Employees are the backbone of every organization. Enable your employees to empower their financial independence with this salary-administration product.  


  • Flexibility to meet individual needs
  • Loan amount up to 75% of net annual salary (for applicants with terminal benefit)
  • Loan amount up to 50% of net annual salary (for applicants without terminal benefit)
  • Up to 36 months tenure
  • Credit life insurance


  • Completed Application Form
  • Completed Employee Status Inquiry/Employer’s Confirmation Form
  • Evidence of Confirmation (Letter of Confirmation, Last promotion letter etc.)
  • Copy of Employment ID and valid means of identification
  • BVN
  • Credit checks
  • Letter of Lien/Set off

Required Documents

  • Loan Application Form
  • Confirmation Letter or Promotion Letter
  • Letter of Authority or Irrevocable letter of Domiciliation
  • Offer letter
  • Executed Term sheet
  • Letter of Lien/Set-off
  • Credit Checks
  • Means of Identification
  • Document Attestation
  • Salary bank statement/Payslips (New to bank customers)
  • Standing instruction for renewal of Credit life insurance

Want to top-up your existing loan?

Customers with existing personal loans on salary accounts can get access to more funds when needed. 

To qualify:

  • You must have paid down at least 50% of your existing facility.
  • You must have not missed any repayment in the last 6 months

Interested in this top-up?

Click   here to fill the form below: