A Generator Loan is an unsecured personal loan to provide funding to an individual who wants to buy a new generator set. A Generator Loan can be for a short-term or long-term, depending on your needs.
What does it offer you:
- Low interest rates
- No collateral required
- You can access credit of up to 100% of your income.
What you need to apply:
- You must have been with your current employer for at least six months.
- You will need to have your salary paid into your Stanbic IBTC account.
- You must be permanently employed or be a contract worker with valid contract terms from one of our approved companies.
- You have to be a Nigerian citizen with permanent residency.
- Earn a minimum net monthly income of N20 000.
- Must be 21 years or older (but not older than 60 years on expiration of the facility).
- Must have a satisfactory credit bureau report.
For more information:
Please visit a Stanbic IBTC Bank branch near you or call 0700 CALL STANBIC (0700 2255 7826242) or +234 01 270 9676 or e-mail us: [email protected]