SALARY LOAN
A salary loan is a short-term borrowing option where individuals borrow an amount based
on their income. It's meant to cover emergencies and is repaid with the next paycheck.
TARGET MARKET
State Government workers, and other workers in reputable organizations
REQUIREMENTS/CRITERIA
You need the following to be eligible for Salary Advance Loan Product:
- 2 financially capable guarantors.
- Introduction letter from Applicant’s HR
- Last 6 months salary statement.
- Personal cheques or Guarantors' cheques
REPAYMENT DETAILS
- Monthly
- Default fine of 10% of the repayment amount (Non- Negotiable)
HOW TO APPLY
- Download the Loan form.
- Fill the form, scanned and sent to loanrequest@seapmfb.com.ng
- Our rep. would keep in touch