May 25, 2022
  • May 25, 2022

FCMB offers loan support for tuition, other

By on January 20, 2022 0

First City Monument Bank said customers and non-customers of the bank can now access a higher loan amount of up to N200,000 through its fast loan product, called “FastCash”.

The bank said in a statement that it was to help Nigerians face financial challenges and meet urgent needs without hassle.

According to the statement, customers have the added benefit of spreading loan repayments for up to three months, meaning they can now repay lower amounts each month while accessing larger loans than before.

Commenting on the products, Division Manager, Personal Banking, FCMB, Mr. Shamsideen Fashola said, “We realize the financial challenges facing our customers and even Nigerians at this critical time. As a benevolent and responsive bank, we are committed to providing them with all the support they need to excel.

“We have digitized the application process for many of our loans to make it more convenient for customers to get loans instantly. We plan to make a significant impact on the lives of our clients and Nigerians at large by providing them with the financial support they need when it matters most.

According to the statement, FastCash is an instant personal loan product that is convenient, paperless and available to existing customers and non-customers, requires no collateral, and is open to salaried and non-salaried customers.

The bank said: “FastCash is like the bank’s other innovative loan products, such as Salary Plus. The Salary Plus loan is a consumer credit device available to holders of a salary account.

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All rights reserved. This material and any other digital content on this website may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without the prior express written permission of PUNCH.

Contact: [email protected]