FCMB HOME LOANS – With the FCMB Home Loan, eligible customers can own their dream home and make convenient repayments over a defined duration. The FCMB Home loan helps to build your dream, and grow your wealth.

Features & Benefits:

• Options of equity release and outright home purchase.
• Flexible repayment options dependent on salary structure.
• Ability to own a home now and pay over a period of time.
• Gives added borrowing advantage to salary earners.
• Highly competitive rates andproduct only available for properties in Lagos.

AUTO LOAN

This is a consumer credit scheme which allows qualified individuals to part-finance acquisition of cars for personal use. Customers can own a car and pay over a period of time.

Features

• Borrow N1,000,000.00 to N7,500,000.00
• Payment over 12 to 48 months
• Contribute as low as 20% towards the purchase
• Comprehensive Insurance on the car for the entire loan period
• No security required
• Competitive pricing and no hidden charges

Benefits

• Tracking device gives additional security and safety (Free for cars above N3milion otherwise, N50,000.00)
• Buy a car of your choice from our list of acceptable brands and spread payment over a convenient period
• We have reliable dealers accredited to ensure you buy from a safe source
• Convenient insurance payment included in the loan repayment amount
• No residual cost at end of loan tenure

Eligibility

• Individuals in structured employment
• Self employed individuals with regular income.

FCMB FAST Cash Loan

FCMB FAST Cash Loan is a salary advance product that enables eligible customers access a substantial portion of their Net Monthly Income as an overdraft, before salaries are paid by their organization.

Features & Benefits

• Low Interest Rate
• Apply once and access the loan for three months at a time
• Loan repayment is based on amount utilized from the availed limit

SALARY PLUS AND PREMIUM SALARY PLUS LOANS

SALARY PLUS AND PREMIUM SALARY PLUS LOANS are credit schemes available to salary account holders. Through these schemes, our qualified customers can access either short or medium term funding to satisfy their personal financial needs.

Features

• Borrow N180,000.00 to N10,000,000.00
• Payment over 12 to 60 months
• Highly competitive rates
• Pricing is based on employer rating

Benefits

• No collaterals required
• Easy access to funds to meet your financial needs
• No equity contribution
• Customers can apply for this loan at any branch of FCMB
• Online application for a Top Up on existing loan
• Speed - Quick Turn Around Time
• No equity contribution
• Access to repayment Holiday to allow for financial planning
• Convenient Terms of Payment

Eligibility

• Confirmed employee of FCMB rated companies (The list of rated companies is available at our branches nationwide).
• Salary domiciliation during the tenor of the loan.
• Minimum net monthly income of N18,000.00
• Employee must receive at least 1 salary payment in FCMB prior to the loan disbursement.

Visit any branch of FCMB for documentation requirement.

HOME ASSET FINANCE

This  product is designed to provide customers with convenient and affordable means of owning household appliances/equipment by spreading payments over a period of time.

Features

•             Access up to N1,000,000.00

•             Payment over a maximum period of 12 months

•             Flexible repayment options

•             Competitive pricing and no hidden charges

Benefits

•             Opportunity to acquire assets immediately and spread payment over a period of time

•             Asset is purchased from accredited vendors

•             No collateral

Eligibility

•             Confirmed employee of FCMB rated companies (The list of rated companies is available at

our branches nationwide).

•             Employer must show commitment to remit their monthly salary to FCMB

account.