FCMB Salary loan: How to apply for Premium Salary Plus, Salary Plus Loan and FCMB FastCash

First city monument bank has unveiled salary advance and payday loan. the credit facility is designed for salary earners whose account, terminal benefits and other allowances domicile with the bank

The loan package doesn’t require documentation and they can get Instant access to funds once approved after risk assessment is done.The salary package include: FCMB FastCash, Premium Salary Plus loan and Salary Plus Loan.

Also read: FCMB Quick Loan: How to apply for school loan and requirements

 

  1. FCMB FastCash

CMB FastCash is a convenient, paperless credit facility with no collateral required forcustomers emergencies and urgent needs. It is an instant loan and the application is through USSD code *329*11#

Customers and non customers can apply for this loan package

 

FCMB CUSTOMERS

1. Instant access to funds
2. Up to N100,000 loan amount
3. No paperwork required, just apply through *329*11#.
4. No collateral needed
5. 30 days clean up cycle

NON-FCMB CUSTOMERS

1. Instant access to funds
2. Up to N200,000 loan amount
3. No paperwork required, just apply through *329*11#.
4. No collateral needed
5. No FCMB account is required
6. Up to 3 Months Repayment cycle
7. Customer can apply as many times in a year as s/he is qualified.
8. interest Rate of 3.5% monthly and a one-off management fee of 1%
9. Funds will be transferred to the customers salary account in any bank where the salary is domiciled

10. All Federal Government Employees EXCEPT Military and Para-Military Employees
Customer can apply as many times in a year as s/he is qualified.

How to apply

To apply for fcmb fast cash kindly dial *329*11#

 

2. FCMB Premium Salary Plus loan

tHE FMCB Salary plus loan is designed for confirmed staff of commercial organizations. The employee’s organization must have been rated on Moody’s with a minimum BB- rating, employees interested in the product must be eligible for minimum loan amount of 2,000,000.

Features

1. Minimum loan amount – N2 Million
2. Maximum tenure – 60 Months
3. Minimum tenure – 12 Months
4. Management fee – 1% flat upfront (0.5% for top-up loan)
5. Collateral – Domiciliation of salary, terminal benefits and other allowances
6. Insurance fee – 0.9%*loan amount*tenure (in years)

3. Salary Plus Loan

This a short- or medium-term funding, before payment of salaries.Before you can qualify for this kind of loan, your salary account must be domicile with the bank with consistent receipt of salaries for a period of 6 months and categorized employer.

Salary Plus Top-Up

Salary top-up loan is a credit scheme available to existing customers who have a salary plus loan. Pre-qualification is done based on criteria such as up-to-date salary and no missed repayments on loans within the last 6 months.

How to apply for salary plus loan

You can apply for fcmb salary plud loan in 2 easy ways: LOAN TOP-UP VIA FCMBONLINE or SALARY PLUS TOP UP AT BRANCH

 

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