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First Bank introduces personal loan against salary – Punch Newspapers

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First Bank introduces personal loan against salary – Punch Newspapers 1

First Bank of Nigeria Restricted says it has created alternatives for salary account holders to unlock the wealth of their accounts.

The lender mentioned this might be achieved by the First Bank Personal Loan Against Salary.

The Group Head, Merchandise & Advertising and marketing Assist, First Bank,  Mr. Abiodun Famuyiwa, was quoted in an announcement by the lender as saying,  “salary account holders  can entry as much as N30m to assist them pursue capital initiatives, perform renovation works on their properties, purchase belongings, give their kids the very best schooling and different fulfilling accomplishments.

“The scheme provides choices to top-up and refinance present loans at aggressive charges. These versatile choices have been created to supply comfort and reward buyer as we keep true to our model promise of ‘YOU First’.”

In response to him, the product additionally helps clients to fulfill lease obligations, trip journeys to selection locations and pay for skilled examinations to take their profession to the subsequent degree.

“With PLAS, Nigerian salary earners need to be assured of a funding partner in First Bank to fulfill their dreams. PLAS is available to employees whose salary accounts are domiciled with First Bank,” he mentioned.

“Salary accounts can do more than just receive monthly pay; they have inherent wealth that can be unlocked to help you achieve dreams that make you fulfilled on your job and be on top of situations at home and at work,” he added.

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