First Bank, one of Nigeria’s leading financial institutions, offers a range of products and services to cater to the needs of its customers. One of their most sought-after services is their loan facility, providing financial assistance to both individuals and businesses. The best part is that you don’t need any collateral to apply for some of First Bank’s loans.
In this blog post, we’ll explore the different types of loans offered by First Bank, eligibility criteria, and how to apply using just your phone.
Types of Loans Offered by First Bank:
- FirstCredit: This loan product offers quick and easy access to funds for your transactions. With no need for collateral or documentation, you can apply for this loan using your mobile phone or tablet.
- First Bank Personal Loans: Whether you’re buying your dream home, renovating, or constructing, First Bank’s flexible home loan provides the financial boost you need.
- First Bank Salary Loan: If you have a salary account with First Bank, you can apply for a Personal Loan Against Salary to cover urgent financial obligations before payday.
- FirstAdvance: This digital lending solution is designed to provide convenient and quick access to cash for payroll customers awaiting their salaries.
- First Bank Joint Mortgage: With this loan, you and your spouse or business partner can jointly buy a property that might have been unaffordable individually.
- First Bank Automobile Loans: Fulfill your dream of owning a car with the First Bank Auto Loan, available to both individuals and businesses.
- Agent Credit: Firstmonie Agent Credit offers bridge finance to help agents overcome liquidity challenges.
Eligibility Criteria for First Bank Loan:
To be eligible for a loan from First Bank, you must:
- Be at least 18 years old
- Hold an active account with First Bank
- Have a steady source of income
- Maintain a good credit history
How to Apply for a Loan Using First Bank Loan Code:
Getting a loan from First Bank is a breeze. You can apply through various channels:
- USSD Code: Dial 89411# and follow the prompts. Provide your personal details, select the loan amount and tenor, and your application will be processed quickly.
- USSD Menu: Dial *894# and select “FirstCredit” for a quick loan.
- First Bank Mobile App: Apply for a loan through the official mobile app.
- First Bank Website: Visit the website to explore loan options and apply online.
- First Bank Branches: Visit a nearby branch and apply in person.
Conclusion:
First Bank’s loan services provide a hassle-free way to access funds when you need them the most. Whether you’re an individual or a business owner, their diverse loan offerings cater to various financial needs. Just use the First Bank loan code on your phone, and within minutes, your loan will be disbursed into your account. Remember to meet the eligibility criteria, and you’ll be on your way to financial support from First Bank