If you have been searching for a quick loan and instant cash then your search is about to come to an end. The FCMB Fast Cash loan is perhaps the fastest loan in Nigeria. It is a perfect way to get an instant loan without any collateral. Interestingly, there is no paper work needed for this loan and you can apply from anywhere in Nigeria.
What Is FCMB Fast Cash Loan
Fast cash is an instant loan offered by FCMB to all its customers and Nigerians. No paper work is needed and no collateral is required. With just a simple dialing of a short code you can easily get a whooping N100,000 instantly.
Fast Cash is designed to aid Nigerians pay for emergency expenses. You don’t need to submit any form of document for verification. you don’t also need a guarantor before you get this loan from FCMB.
It is called Fast Cash because it is paid into your account instantly. It is a very quick loan offer that is paid to borrowers within hours of application. This post will show you the features, benefits and how to apply for this quick loan.
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Features And Benefits Of The FCMB Fast Cash Loan
- Cash is paid to the borrower instantly.
- Customers can borrow up to N100,000
- No paperwork required to apply for this quick loan, just apply through *329*11#.
- No collateral needed
- Loan tenure is up to 30 days. And after 30 days you can apply for the loan again provided you have paid the previous loan.
- Customers can apply as many times in a year as they are qualified to.
- Non FCMB customers can borrow up to N200,000 without collateral.
- Non FCMB customers have a 3 month repayment cycle.
Who Can Apply For FCMB Fast Cash
- Workers in the private and public sectors who own an account with FCMB.
- Business owners and sole proprietors who own an account with FCMB.
- Those who own and receive salaries via FCMB.
- Any other FCMB customer.
- Nigerians with an FCMB account.
- All Federal Government Staff across Nigeria regardless of their affiliation to FCMB
How To Apply For The FCMB Fast Cash Loan
To apply for this quick and instant loan just dial *329*11# from the phone number associated with your FCMB bank account number. Follow the onscreen instructions and get the money credited to your account instantly.
Things You Need To Apply
You need to be an existing customer of FCMB. You need to have either a savings account, current account or salary account with FCMB.
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The interest rates for instant FCMB Fast Cash loan for non FCMB customers stands at 3.5% of the total loaned amount with a 1% one time managerial fee.
So far we have not found any information on the interest rates for the instant FCMB Fast Cash loan for FCMB customers. It is only fair to point out that other banks like GTBank and Access Bank that offer a similar loan type have very low interest rates.
Any body with an FCMB account or any Federal government staff can regardless of their affiliation to FCMB can apply for the Fast Cash instant loan. But there are terms and conditions as stated in FCMB website. Please be sure to understand those terms before you apply.
Fast Cash is a fast and reliable way to get loan from FCMB with ease. There might be someone who needs a quick cash and you can help by sharing this post on social media. Please use the share buttons below to share our posts on Facebook, Twitter and Pinterest.