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Zenith Bank Consumer Loans

Lender

Zenith Bank

Eligibility

A revolving credit with a clean-up cycle availing up to 60% of your net monthly inflows whether you are self-employed, trading with your own name, running a current account or savings account. This is a flexible funding solution that will help address short term financial needs. You must have at least 6 months consistent inflow history on your account. The volume is a function of your demand deposit average.

Loan Limit

Maximum Limit: N20m
Minimum loan: N100,000

Interest Rate

Interest Rate: 20% p.a

Max Tenor

The repayment period is a maximum of: 24 months. You have an option for 6 months, 12 months, 18 months or 24 months.

Security Required

No additional security required.

Documents Required

Customer Application Letter.
Completed Loan Application Form.

Approval Time

About four days to one month from the time you submit all the required documentation

Thinking About Repayment Plan?

Calculate the monthly payment and overpayment for the loan
10 00010 000 000
160
050
 
 
 

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