The qualified quantity is calculated after deducting all the loan responsibilities towards the Bank

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The item is supposed for income earners whose records are domiciled with FirstBank and have now received regular salaries in the final half a year or higher. Optimum quantity accessible is N500,000.00 susceptible to 50% of net average 3months wage, whichever is leaner.

  • More Info
  • Just How To Apply
  • Conditions and terms

Additional Information

Features

  • Salary account should be domiciled with FirstBank
  • Loan level of as much as 50percent of web month-to-month earnings.
  • Tenor is 30days or pay that is next whichever comes first
  • Optimum solitary obligor limitation of N500,000.00
  • Interest rate @ 2.5%flat collected upfront
  • Management cost @ 1.0% flat
  • Credit Term Life Insurance @ 0.50%
  • The mortgage could be accessed as much as three times just about every day susceptible to maximum qualified amount
  • Payment is taken straight away wage is gotten, while a lien is put on unfunded account.
  • All charges, including rate of interest are collected upfront upon disbursement associated with the loan.

Just How To Apply

  • Download the present FirstMobile App from Bing Enjoy shop or Apple shop in your cell phone
  • Get on the FirstMobile App
  • Start menu choices at the top left-hand part
  • Choose ‘Loans’
  • Next Menu choice shows your qualified amount as well as the relevant rates and charges. Read more