First City Monument Bank (FCMB) Nigeria has a new loan available for people who have an account with them in Nigeria.
FastCash Loan service makes it incredibly easy for many Nigerian citizen having account with FCMC to access loans quickly. Since no collateral required, great option for those unexpected expenses or emergencies. The loans are available up to N200,000 (two hundred thousand Naira) and the application process is both simple and fast.
Lots of positive feedback from our readers at Voice of Nigeria, who have used this loan service. They’ve found it very convenient and efficient option, and many of them highly recommend checking it out for your next loan needs.
FastCash loan is easy to access and also convenient, doesn’t require any collateral.
FCMB has a new loan option for account holders that makes it easy to get the money when you need fast. No documentation require and new customers have 30 days to pay it back while returning customers have 90 days. It’s a great option for those unexpected expenses or emergencies.
The bank allows you to apply multiple times throughout the year as long as you meet the eligibility requirements.
Currently, this offer is only available to FCMB customers.
Non-FCMB customers can access the loan by opening an account on the FCMB New Mobile, Account Opening Portal, or by dialing *329#. Since its launch in 2018, over 2.7 million loans have been disbursed through the FastCash platform.
According to the Divisional Head of Personal Banking at FCMB, Mr. Shamsideen Fashola, the FastCash loan was introduced to give Nigerians with urgent and unexpected needs access to funds within minutes.
The loan aims to close the access to finance gap for many Nigerians, ensuring the well-being of their households.
In addition to FastCash, FCMB also offers a Salary-Plus-Loan to salary account holders. This allows qualified customers to access short or medium-term funding before salary payment if they have to meet urgent needs.
First City Monument Bank is a member of FCMB Group Plc, a purpose-beyond-profit corporation. The bank is committed to COVID-19 recovery, income equality, and poverty reduction by easing credit constraints to disadvantaged individuals and small businesses.
How to apply for FCMB Fastcash Loan N200,000 for Entrepreneurs, Individuals & Salary Earners
To apply for the FastCash loan, individuals can use the FCMB mobile app or dial the USSD code 32911#.
FCMB FastCash Loan FAQ
FCMB FastCash Loan is a loan product offered by First City Monument Bank (FCMB) that allows eligible customers to get up to N200,000 in loans in just 5 minutes without collateral or paperwork.
To be eligible for FCMB FastCash Loan, you must be an existing FCMB customer with an active salary account or have an FCMB payroll card. it’s important to have a good credit history to be considered for the FCMB FastCash Loan.
You can borrow up to N200,000 with FCMB FastCash Loan.
You can get the loan in just 5 minutes if you meet all the eligibility criteria and complete the application process successfully.
No, collateral is not required to get FCMB FastCash Loan.
The interest rate for FCMB FastCash Loan is competitive and varies based on the loan amount and repayment tenure.
You can repay the loan in 30 days, 60 days, or 90 days, depending on the loan amount and repayment tenure you choose.
Yes, you can apply for FCMB FastCash Loan online through the FCMB website or mobile app.
You can repay the loan via various payment channels, including the FCMB mobile app, online banking, ATM, or by visiting any FCMB branch.
If you default on the loan, FCMB may take legal action against you, and your credit score may be affected. It is important to repay the loan on time to avoid any negative consequences.
Leave a Reply