DIAMOND BANK NIGERIA LOANS
PERSONAL LOAN
Features and Benefits
Repayment Period: Up to 12 months with convenient repayment installments
Pricing: Competitive pricing with no hidden charges
Loan Amount
- Minimum Amount: N500,000
- Maximum Amount: N5,000,000
- Up to N10,000,000 available with Corporate Guarantee
Requirements for a Diamond Personal Loan
- Functional Salary account, domiciled with Diamond Bank
- Completed Retail Lending Application Form
- Employment letter
- Confirmation Letter and/or last Promotion Letter
- Staff ID Card
- Valid means of Identification (international passport, driver’s license or national ID card)
- Proof of address
- Other KYC documents
DIAMOND AUTO LOAN
Features and Benefits
Repayment Period: Up to 48 Months
Pricing: Competitive pricing with no hidden charges.
Loan Amount
- Minimum Amount: N1,000,000
- Maximum Amount: N20,000,000
Minimum Equity Contribution: 30% of vehicle cost
Added Benefits
- Partnerships with major auto dealers across the country.
- A wide range of vehicles to choose from – Salon cars, SUVs, Pick-Up Vans and much more!
Requirements for a Diamond Auto Loan Facility
- Functional Salary or Business account with Diamond Bank
- Available to individuals and business owners
- Completed Retail Lending Application Form
- Valid means of Identification (international passport, driver’s license or national ID card)
- Proof of address
- Employment letter
- Confirmation Letter and/or last Promotion Letter
- Staff ID Card.
- Certificate of registration (for business owners)
- Other KYC documents
MORTGAGE LOAN
Our tailor-made mortgage solutions include:
Home Purchase: This is available for the purchase of already completed residential properties whether newly built or occupied.
Off-Plan Mortgage: This is available for customers interested in buying houses within an estate that is being built by any of the Bank’s accredited property developers.
Equity Release: This provides easy access to financing to meet your personal or business financial needs secured against your existing property.
Features and Benefits
Repayment Period: Up to 10 years
Pricing: Competitive pricing with no hidden charges.
Loan Amount
- Minimum Amount: N3,000,000
- Maximum Amount: N250,000,000
Minimum Equity Contribution: 50% of asset cost
Added Benefits: Partnership with major developers nationwide.
Requirements for a Diamond Mortgage Facility
- Available to salaried individuals and business owners.
- Completed Retail Lending Application Form
- Valid means of Identification (international passport, driver’s license or national ID card)
- Proof of address
- Employment letter
- Confirmation Letter and/or last Promotion Letter
- Staff ID Card.
- Certificate of Registration (for business owners)
- Valuation Report
- Copy of registered title document in sellers name
- Tax clearance certificate
- Other KYC documents
PAYDAY LOAN
Benefits
Repayment Period: Up to 30 days/next payday
Maximum Tenure: 12 months (Facility is renewable after 12 months)
Pricing: Competitive pricing with no hidden charges.
Loan Amount
- Minimum Amount: N100,000
- Maximum Amount: N1,000,000
Obligor Limit: 50% of obligor’s net monthly income
Requirements for a Diamond Payday Loan
- Salary domiciliation with Diamond Bank for a minimum of 3 Months
- Completed Retail Lending Application Form
- Employment letter
- Confirmation Letter and/or last Promotion Letter
- Staff ID Card.
- Asset Lease
Features and Benefits
Repayment Period: 3 Months – 24 Months
Pricing: Competitive pricing with no hidden charges.
Loan Amount
- Maximum Amount: N5,000,000
Minimum Equity Contribution: 30% of asset cost
Obligor Limit: Up to 30% of net annual income subject to a maximum of =N= 5 million
Added Benefits: Partnership with major vendors nationwide.
Requirements for a Diamond Lease Facility
- Functional Salary or Business account with Diamond Bank
- Available to individuals and business owners.
- Completed Retail Lending Application Form
- Valid means of Identification (international passport, driver’s license or national ID card)
- Proof of address
- Employment letter
- Confirmation Letter and/or last Promotion Letter
- Staff ID Card.
- Certificate of registration (for business owners)
- Other KYC documents
- School Fees Loan
Features and Benefits
Repayment Period: 11 Months (available for fees payment per term or session)
Pricing: Competitive pricing with no hidden charges.
Loan Amount
- Minimum Amount: N200,000
- Maximum Amount: N2,000,000
Minimum Equity Contribution: 30% of school fees amount
Requirements for a Diamond School Fees Loan
- School fees bill / invoice in the name of Child/Ward. The bill should contain the total fee amount, name of the child.
- Completed Retail Lending Application Form
- Copy of confirmation letter or last promotion letter.
- Copy of Valid Staff ID
- Copy of valid ID card (e.g. Int’l Passport, D/ License or Nat. ID)
- Obligor must maintain a salary account, properly domiciled with Diamond Bank and operated for a period not less than 3 months.
