Home Loans

Home Micro-credit is designed to promote prompt payment of house rent by tenants and also to help landlords/landladies get their rental income on time . This loan product can be accessed by any civil servant, or someone working in any reputable organization or a business man/woman.

• Facility Range: ₦500,000(minimum) to ₦2,000,000 (maximum).
• Methodology: Individual.
• Duration: 12 months (Maximum).
• Grace Period: 1 month.
• Repayment Frequency: Monthly.

BENEFITS:

• No collateral.
• Flexible repayment structure.
• Low interest rate of 3% flat rate per month.

DOCUMENTS REQUIRED:

• Employment Letter
• Loan attestation letter from your company.
• Duly completed Loan application form.
• A valid ID (National ID, Driver’s license, Voter’s card or International passport).
• Current utility bill.
• Two recent passport-size photographs.
• Last 6 months Bank statement of account or payment slip.
• 2 Guarantors needed.