This product is for employees in a group, association, or cluster including companies and cooperative societies. The loan is disbursed on the basis of group affiliation and repayment is spread over the life of the loan. Loan from N100,000-N2,000,000.

Documents Required for a Consumer loan:

  • Staff Identification card from employer and a valid National identification (driver’s license, voters card, international passport or national ID).
  • One recent passport photograph.
  • Six month bank statements showing 6 most recent salary credits prior to application date.
  • Employment letter and/or promotion, confirmation letter or salary review letter(s). Duly accepted offer letter or employee inquiry form (The offer letter should contain Employee Name, Employee Job Description/Position; Nature of Employment (Permanent or Contract); Employee Job Status (Confirmed or unconfirmed).
  • Monthly repayment cheques dated in line with your pay day.
  • Utility Bills
  • Pay slips are compulsory for government workers.
  • Details of Bank Account of loan Applicant
  • Duly completed loan application form