First bank Nigeria opens public loans

First bank Nigeria opens public loans

First Bank Nigeria Loans for Nigerians

Discover our loans and mortgages tailored to provide capital for you to start your new business venture, own your dream home or upgrade your car.

Buying your first home, constructing or simply renovating? Our flexible home loan will give you the financial boost you need to support your project.

Features

  • Available to individuals with verifiable and steady income flow
  • Maximum tenor is 20 years, subject to retirement age of 60 years
  • Simplified documentation
  • Minimum down payment of below 30%, subject to the location
  • Competitive interest rates
  • No equity contribution is required for Home Equity Refinancing
  • Property to be financed must be residential and not for commercial purpose.

Document Required

  • Application letter
  • Personal Home Loan Application form
  • Last three months payslip
  • Statement of accounts
  • Applicant’s letter of total emolument
  • Confirmation of applicant’s employer on FBN-approved list
  • Valid title document
  • Letter for irrevocable domiciliation of salary for the duration of the facility.

Types of First Bank Nigeria Loans

The list below are some of the loan servicesprovided by the First Bank:
⦁ Personal home loans
⦁ Automobile loans
⦁ Personal loan against salary
⦁ FirstAdvance
⦁ Agent credit
⦁ FirstCredit
⦁ Secured overdraft
⦁ Contract finance
⦁ Secured term loans
⦁ SME products financing
⦁ Local purchase orders finance
⦁ Operational vehicles
⦁ FirstEdu loan
⦁ Revenue loans and overdraft
⦁ Commercial mortgage
Health Finance product guidelines
Health finance
⦁ First trader solutions (FTS)

How To apply First Bank Nigeria Loan:

  • Download the Home Loan Application Form from this link https://www.firstbanknigeria.com/
  • On the loan application website, you will get a loan application form to fill in the details
  • Complete the form and submit at the nearest FirstBank branch
  • Fill in the precise details of personal information
  • Provide your employment details
  • Choose the loan/credit services you want to apply for
  • Agree to FirstBank’s privacy policy by checking the box
  • Click the “Submit Request” button
  • In addition, you can download a loan application form, fill in the details, and send your form to any nearest First Bank branch to have your application processed.

First Bank Nigeria Loans Open for Nigerians Voice of Nigeria.