GENERALLY ASKED QUESTIONS
Daily Contribution Advance is based on the ability of customer to pay back monthly considering daily sales activity but not exceeding statutory of Micro lending of N500,000.00
Yes, it is possible.
- Our bank, products/services/Loans (Various Loan that are available)
- Shares of the Bank.
- Fund Transfers
- BVN Registrations
Opening of accounts (types of accounts available)
You can re-activate your account in less than 5 minutes at our office.
CONCERNING LOANS
at 20% flat
yes. you will contribute 30% of the cost of motorcycle. You will pay back within nine (9)months on weekly basis on equal installments.
The tenor is 24weeks (6Months)
1000 Units @1.25k
The loan application takes 3-5 working days and/or depending when you complete loan documentations.
You can get as low as N10,000 but no exceeding 1% (individual) and 5% (Corporate) obligor limit of shareholders fund.
One (1) month to Twelve (12) months depending on the loan model.
Repayment amount will be given to you and/or prepared along with your offer letter.
Our interest rate is based on the loan type.
Yes, it is neccesary you need to open an account.
The interest rate is based on the amount and maturity period. It is negotiable
Yes, you can.
No, once you meet the necessary requirements you can access any loan of your choice.
Any valuable asset ranging from household items to landed property
Yes, it is possible. You will need to provide a means of identification (Drivers License, Voter’s Card, International Passport, National ID)
No, it is free
Photocopy of your means of Identification, either National ID card, Voters Card, International Passport or Driver’s License.
Dial *565*0# on your phone on the phone number submitted.
There are different types of account such as Savings Account, Current Account and Fixed Deposit Account
Two passports photograph, Recent Utility Bill, Means of ID (Voter’s Card or Driver’s License or National I.D card or International Passport)
One passports, Recent Utility Bill, Means of ID (Voter’s Card, Driver’s License or National I.D card) and two referees keeping current account with our bank or any money deposit bank.
Yes it is possible if you have a business name registered with the Corporate Affairs Commission (CAC).
Yes you will be given
The minimum amount is N1,000 for an individual Savings Account and N 2,500 for group account.
Not yet, the Bank has started the process and we will go live soonest
As soon as mobile banking process is completed, code will be assigned to the respective customer.
you will be attended to immediately. You will not be allowed to be on queue.
Everyday, Monday-Friday, except o days declare for public holiday(s) by state or Federal Government.