About Car Loan

1. Car Loan applicants must reside and work in Lagos state ONLY. 2. Applicant must be in paid employments (Salary Earners Only) 3. Net Salary - from N100,000 and above. 4. Applicant’s Utility bill reflecting current resident Address. 5. Guarantors to provide work IDs only (and post-dated cheques when required) 6. Nuban Compliant Post-dated cheques (covering the loan tenure) required from the Applicant before disbursement. Sectors for Consideration: a. Telecoms b. Banks c. Oil n gas d. Fintech e. Production (Senior staff only) f. Education (Private schools; Teachers and Admin staff only) Requirements -Applicant must reside and work in Lagos state ONLY. -Applicant must be in paid employments (Salary Earners Only) - Net Salary - from N100,000 and above. - Age 20-55years - 6 months’ Salary account statements till moment of application. - 6 months Payslip (when required) - 1 guarantor required for N100,000 - N500,000 - 2 guarantors required from N500,000 and above - 2 forms of identification; a work ID and a national means of identification (Drivers license/ International passport/voters card etc) -Applicant’s Utility bill reflecting current resident address - Guarantors to provide work IDs only (and post-dated cheques when required)

Requirements for loan

• Official & National means of Identification
• Most recent utility bill of residence.
• 6 months pay slips
• Employment / Confirmation Letter / Last Promotion Letter
• Current utility bill /Verification of Address
• One year bank statement
• Utility bill (within the preceding 3 months), signed post-dated cheques and valid means of identification for guarantor(s)
• Bank Verification Number (BVN)
• 6 months account statements and duly signed cheques - Obligor and one Guarantor
• 6 months bank statement(Salary Account)

States Covered