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    | +234 908 7302 032 | +234 908 9995 216 WhatsApp +234 908 730 2032

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After submitting this form, we would get in contact with you within 24hrs.

APPLY FOR IPPIS LOAN APPLY FOR BUSINESS LOAN

Loan products

Product features:

  • Nano loans (Keremi)
  • No collateral application with only BVN
  • Clean Credit History
  • Fully Digital assessment and quick disbursements
  • Max amount is N50,000
  • 60 days Tenor
  • Disbursement must be into the e-Barcs account
  • Meet our Risk Acceptance Criteria
  • Financing Household equipment and appliances
  • Financing renewable energy items/Installation
  • 40% equity contribution
  • Insurance cover on items financed
  • Product Delivery to your doorstep
  • Digital assessments and disbursements of loans
  • Max amount N2,500,000
  • Minimum amount of N25,000
  • For employees or Business owners
  • Statements of account for the last six months
  • 1-12 Months Tenor

Product features:

  • Finance core trading activities (working capital).
  • For businesses trading for at least 2-years.
  • Stock refinancing, import trade financing, clearing and haulage.
  • Periodic repayment of principal and interest.
  • Minimum of 1% of principal amount as compulsory savings monthly.
  • Purchase of productive assets.
  • 30% equity contribution in the account.
  • Confirmed proforma Invoice from seller.
  • Fire/ burglary and special peril insurance.
  • LPO and discount invoices of reputable organizations.
  • Confirmation of Invoices/LPO.
  • 30% equity contribution.
  • 70% maximum invoice value.
  • Domiciliation of payments with the Bank.
  • Goods in transit insurance for perishable goods.

Product features:

  • For economically active traders in market clusters.
  • Loans are disbursed into individual member's accounts.
  • Weekly repayment/collection of principal and interest.
  • Maximum loan amount per individual is N500,000.
  • Group size from 5-10 persons.
  • Fire, burglary, and special perils insurance.
  • Cross guarantee from members.
  • For employees of the private and public sector Institutions not under IPPIS.
  • Proof of Employment (Employment Letter, ID Card, and Official e-mail confirmation)
  • Provision of 3 months’ payslips
  • 12 months salary account bank statement.
  • Loans to civil servants under IPPIS platform
  • IPPIS Numbers.
  • Provision of last 3 months’ payslips.
  • 12 months salary account bank statement.
  • Loan for serving Corp member
  • Account Must be domiciled with e-Barcs
  • Loan repayment must be within the period of service
  • Max of N100,000
  • Any Corp member who has spent more than 2 months in service shall not qualify for the loan
  • Portfolio size of N200 Million

Determine Your Loan Repayment Amount

Online Loan Calculator

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