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
Download Loan Form

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