M-SALAD

MEETNEEDS SALARY ADVANCE FACILITY

Target market – Salary earners who earn a regular monthly salary paid into their Salary account but require quick cash to meet very urgent needs.

Features/Requirement

  • Maximum Tenor of 3months.
  • Interest is 8% monthly flat rate but on reducing balance.
  • Maximum loan amount of N300,000.00 subject to customer’s disposable income.
  • 3months salary account bank statement preceding request date required.
  • Prepayment is allowed and pro-rateable.
  • Turnaround time is 48hrs.
  • For further details on general loan information, Click here.