Home Services Payroll Loan
PAYROLL LOAN
This is a specialized product for Federal/State Government workers whose salaries are being pay through Integrated Personnel and Payroll Information System (IPPIS) of the Federal Government.
REQUIREMENTS/CRITERIA
You need the following to be eligible for this Loan Product:
- Loan amount range from #50,000 - #1,000,0000.
- Simple account opening and simple documentation.
- Zero gurantorship and quick turnaround time (TAT).
- 3 months statement of account.
- Payslip of the applicant where possible.
- IPPIS number is required.
- Interest rate 4% flat.
- No management fees.
- No processing fee,
- No equity contribution.
- Automation Deduction from the source through Remittal.
- No account opening fee.
- Employment letter.
- Confirmation letter.
REPAYMENT DETAILS
- Duration of the facility from 6 months to 12 months.
- Payslip of the applicant where possible.
HOW TO APPLY
- Visit any of our Branches to obtain a loan form or download the form online.
- Have the filled form scan to customerservice@seapmfb.com
- Visit our branch for identification and verification if you downloaded the loan form online