The item is intended for wage earners whoever reports are domiciled with FirstBank and have now received salaries that are regular the past 6 months or even more. Maximum quantity accessible is N500,000.00 at the mercy of 50% of net average 3months wage, whichever is gloomier.
- More Details
- Just How To Apply
- Conditions and terms
- Salary account should be domiciled with FirstBank
- Loan level of as much as 50per cent of web income that is monthly.
- Tenor is 30days or next pay check whichever comes first
- Optimum solitary obligor restriction of N500,000.00
- Interest rate @ 2.5%flat collected upfront
- Management cost @ 1.0% flat
- Credit Term Life Insurance @ 0.50percent
- The mortgage may be accessed up to three times each and every day susceptible to maximum qualified amount
- Payment is taken straight away salary is gotten, while a lien is put on unfunded account.
- All charges, including interest are collected upfront upon disbursement associated with the loan.
How Exactly To Apply
- Down load the current FirstMobile App from Bing Enjoy shop or Apple shop on your own cell phone
- Log in to the FirstMobile App
- Start menu choices on top side that is left-hand
- Choose вЂLoansвЂ™
- Next Menu choice shows your qualified quantity as well as the pricing that is applicable costs.