0809 101 1222
Mon. - Fri. 9AM - 5PM

Loan Product Details

Back to School

Minimal Interest Rate

4.25%

monthly

Maximum Interest Rate

4.25%

monthly

Duration/Tenor

1 - 6

months

  • Minimal Loan Amount ₦100,000
  • One Off Interest FREE
  • Management Fee FREE
  • Maximum Loan Amount ₦500,000
  • Insurance Fee 1.5%
  • Overdue Fee FREE
  • Maximum APR 52.5%
  • TopCheck Fee FREE
  • Minimal Loan Amount ₦100,000
  • One Off Interest FREE
  • Management Fee FREE
  • Insurance Fee 1.5%
  • Maximum Loan Amount ₦500,000
  • APR 52.5%
  • TopCheck Fee FREE
  • Overdue Fee FREE

₦500,000 Loan amount, 1-6 months duration, 4.25% monthly interest rate, 52.5% max APR, ₦62,917 max monthly repayment, Addosser Microfinance Bank

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Repayment Example

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Requirements

For Salary Earners

  • Salary bank statement of last 6 months
  • Cheque leaves for the duration of Loan
  • Staff ID card
  • Pension OR Tax ID
  • Letter of Employment, Promotion Letter, OR Letter of Introduction
  • Utility Bill
  • Proof of Identification (e.g. Passport, Driver’s License or Voters ID)
  • School Bill

About Addosser Microfinance Bank

Learn more about Addosser Microfinance Bank

Addosser Microfinance Bank Limited provides banking services to small and medium scale entrepreneurs that have little or no assistance from the conventional banks. Addosser Mfb aims to supply innovative, quality and convenient Micro-finance services through a highly skilled team of dedicated professionals. Addosser provides also personal loans to salary earners in Nigeria, e.g. loans without collateral or pay day loans. Learn more about Addosser Microfinance Bank »

Addosser Microfinance Bank Loans are available in

Lagos