You are currently viewing Zenith Bank Education Loan

Zenith Bank Education Loan

Lender

Zenith Bank

Eligibility

The Zenith Bank education loan scheme is designed to provide short term funding to enable parents/guardians pay tuition fees for their children/wards. You must have at least 6 months consistent salary history on your account.
School fees will be paid directly to child/ward’s school.

Loan Limit

Minimum Facility amount N100,000
Maximum Facility amount N5,000,000

Interest Rate

Interest Rate: 20% p.a

Max Tenor

Maximum tenor of 3 months (Junior School) , Maximum tenor of 9 months (Tertiary Institution)

Security Required

No additional security required.

Documents Required

Customer Application Letter.
Completed Loan Application Form.
Child/ward must must have an account with the bank.
Invoice of school /tuition fees.

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
 
 
 

Need Assistance?

Leave a Reply