At some point we all need help to pay for some bills. And when there is an emergency then we definitely need all the help we can get to take care of things. Access bank is offering a helping had to all its customer with the personal Loan offer.
What Is Access Bank Personal Loan
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.
With the personal loan from Access Bank you can spend some extra money. You go on that vacation, buy that new furniture or pay your child school fees. In fact you have some money to spend on whatever you want.
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(Payback tenor can be from 1 to 3 years).
- Credit life insurance
WHO CAN APPLY FOR ACCESS BANK PERSONAL LOAN
- 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).
Things You Need 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
HOW TO APPLY FOR ACCESS BANK PERSONAL LOAN
- Through the access bank website. Read This Post for a step by step guide on how to apply for access bank loan online.
- Visit any of the Access Bank branch close to you. Request for the personal loan form, fill and submit for processing.
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.