Staff Loan

Features

•  Interest Rate is 2%p.a.
•  This product is only applicable for confirmed staff of the Bank ie A Staff of the Bank who must have stayed up to 1year and must have being issued a confirmation letter.
•  Loan amount is given based on staff capacity.
•  Staff must provide a duly signed loan agreement form and guarantors particulars alongside with other loan forms.
•  Staff guarantors must be from Akanu Ibiam Federal Polytechnic and the number of guarantor is determined by the loan amount Staff wants to obtain.

• Required Guarantors by Loan Amount:

  #100,000.00 and below: 1 Guarantor

  #100,001.00 - #200,000.00: 2 Guarantors

  #200,001.00 - #1,000,000.00: 2 Guarantors

  #1,000,001.00 and Above: 3 Guarantors