Zenith Bank Timeless Pension Advance

Zenith Bank Timeless Pension Advance

Lender

Zenith Bank

Eligibility

This is to provide Pension Advance to Timeless Pensioners. That means applicants must be timeless account holders who receive consistent monthly pension with the bank. Applicants must be aged between 55 and 70 years old.

Loan Limit

Maximum Limit: 100% of monthly pension value.

Interest Rate

Interest Rate: 16% p.a.
Management Fee: 1%

Max Tenor

The repayment period is a maximum of: 30 to 90 days. Minimum repayment is 30% of monthly pension value.
Repayment is monthly.

Security Required

No additional security required.

Documents Required

PAM.
Customer Application Letter.
Completed Loan Application Form.
Accepted Offer Letter and completed facility sheet.
Letter of introduction from pension company.

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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