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 вЂLoans’
- Next Menu choice shows your qualified amount as well as the relevant rates and charges. Read more →