The Access bank personal loan is a salary administration product that takes care of the financial needs of employees who receive their salaries via Access bank. It gives these customers the opportunity to apply for a personal loan with ease.
FEATURES AND BENEFITS OF ACCESS BANK PERSONAL LOAN
- It’s Flexibility allows it to meet varied personal needs.
- You can Loan amount up to 75% of net annual salary (NOTE: this is for applicants with terminal benefit)
- Loan amount up to 50% of net annual salary (NOTE: This is for applicants without terminal benefit)
- Up to 36 months tenor
- Credit life insurance
WHO CAN APPLY FOR ACCESS BANK PERSONAL LOAN
1. Persons 25 years and above, a government worker or a worker with a well recognize private company.
2. Persons whose salaries must have been paid through Access bank for at least 3 months.
3. Access bank account holders.
4. Persons with valid means of identification(e.g International passport, voters card, drivers license etc).
HOW TO APPLY FOR ACCESS BANK PERSONAL LOAN
- Complete the Access bank personal loan Application Form
- Completed Employee Status Inquiry/Employer’s Confirmation Form
- Evidence of Confirmation (Letter of Confirmation, Last promotion letter etc.)
- Copy of Employment ID and valid means of identification
- BVN(Bank verification Number)
- Credit checks
- You also need Letter of Lien/Set off
Mntrends have put together simple loan calculators to help you better understand your loan. CLICK HERE to use the general loan calculator. If you would like to use Mntrends Auto loan calculator then CLICK HERE. For the Mortgage Loan calculator CLICK HERE to use the simple calculator.
If you have all the above documents, just head to any Access bank near you and pick up the Access bank personal loan application. Fill the details and provide the documents above at the branch. CLICK HERE to see the Access bank branch nearest to you.