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Firstbank Personal Loan: How To Apply And Its Benefits

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FirstBank Internet Banking

The Firstbank personal loan is just perfect for anyone who need to spend some extra money. Anyone who have a salary account with Firstbank can easily apply for the Firstbank personal loan. With this the bank will grant you some money to take care of pressing financial obligations before you receive your payment.

FEATURES OF FIRSTBANK PERSONAL LOAN
  1. Repayment is within 36 months (Payback time of this loan is 3 years).
  2. Equity contribution is required.
  3. Competitive interest rates.
  4. A guarantor is not necessary.
  5. The processing time is relatively quick.
  6. Equity contribution is not required.
  7. Minimum documentation is required.
  8. Salary domiciliation.
BENEFITS OF THE FIRSTBANK FIRSTBANK LOAN
  • You get up to 36 months repayment option, subject to retirement age of 60 years and the Repayment Structure is Flexible.
  • A guarantor is not required.
  • The processing time is quick.
  • Equity contribution is not required.
  • Minimum documentation is required.
  • Your Salary Account must be domiciled with FirstBank for the period the facility is in place Flexible repayment structure.

Read Also: All You Should Know About The Firstbank Automobile Loan

WHO CAN APPLY FOR FIRSTBANK PERSONAL LOAN
  1. Employees in paid employment.
  2. Persons with Firstbank account.
  3. Business owners with Firstbank account.
  4. People who receive their salary via Firstbank.
GENERAL REQUIREMENTS TO APPLYING FOR THE LOAN OFFER
  • Application letter(written or typed).
  • Personal Loan Application form. CLICK HERE to download the Firstbank personal loan form.
  • Copy of your Payslip.
  • Statement of account.(If you have multiple accounts please provide the statement of those accounts too).
  • Applicant’s letter of total emolument(This is the letter containing how much you earn monthly from your work or job).
  • Confirmation of applicant’s employer on FBN approved list.
  • Letter of irrevocable domiciliation of salary for the duration of the facility.
  • Complete the form and submit at the nearest FirstBank branch.

Read Also: How To Activate Your FirstBank Internet Banking Within Minutes

Unlike some banks that its application form is filled and submitted online, the Firstbank personal loan application form is downloaded and filled offline. You can then take the form to any Firstbank branch nearest to you and submit it for approval.

While there may be other personal loan offers from other banks, the Firstbank personal loan is worth your consideration. You can get to take of pressing financial needs and spend a little extra. You can Pay your children school fees, buy some new furniture, do major repair at home etc with the Firstbank Automobile loan today.

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