August 16, 2023




FCMB Micro Loan is a convenient, paperless micro credit facility with no collateral required for your emergencies and urgent needs. It is an instant loan and the application is through our USSD code *329#.

Features & Benefits

  • Instant access to funds
  • Up to N20,000 loan amount
  • No paperwork required, just apply through *329#.
  • No collateral needed
  • 30 days clean up cycle
  • Customer can apply as many times in a year as he is qualified.


FCMB FAST Cash Loan is a salary advance product that enables eligible customers access a substantial portion of their Net Monthly Income as an overdraft, before salaries are paid by their organization.

Features & Benefits

  • Low Interest Rate
  • Apply once and access the loan for three months at a time
  • Loan repayment is based on amount utilized from the availed limit


Premium Salary Plus loan provides confirmed staff of commercial organizations more useable funds. The employee’s organization must have been rated on Moody’s with a minimum A- rating, and eligible employees interested in the product must earn a minimum monthly income of N100, 000.00.


  • Free issuance cost for Premium Debit & Credit Cards
  • Premium Cheque book


  • Maximum Loan: N10 million
  • Minimum Loan: N1 million
  • Maximum Tenure: 60 months
  • Minimum Tenure: 6 months
  • Pricing: Highly Competitive
  • Domiciliation of salary
  • Life Insurance: Total premium: 0.75% ‘Loan Amount’ Tenure (upfront) non-refundable
  • Employee must earn a minimum of N100,000 to qualify for the FCMB Premium Salary Plus Loan


Salary top-up loan is a credit scheme available to salary account holders. Through this scheme, qualified FCMB customers can access short or medium term funding, before payment of salary. Prequalification is done based on criteria such as up-to-date salary, no missed repayments on loans within the last 6 months and categorized employer.


  1. Loan top-up via ATM
  2. Loan top-up via FCMBOnline or Mobile App
  3. Loan top-up via *329#
  4. Loan top-up at an FCMB Branch


This is a consumer credit scheme which allows qualified individuals to part-finance acquisition of cars for personal use. Customers can own a car and pay over a period of time.

Standard Auto Loan

It enables customer purchase vehicles from auto dealers who have been prequalified and have agreed an SLA with the bank


  • Borrow N500,000.00 to N7,500,000.00
  • Payment over 12 to 48 months
  • Contribute as low as 20% towards the purchase
  • Comprehensive Insurance on the car for the entire loan period
  • No security required
  • Competitive pricing and no hidden charges


  • Installation of free tracking device for auto valued at N3, 000,000 and above(Free for cars above N3milion otherwise, N50,000.00)
  • Buy a car of your choice from our list of acceptable brands and spread payment over a convenient period
  • We have reliable dealers accredited to ensure you buy from a safe source
  • Convenient insurance payment included in the loan repayment amount
  • No residual cost at end of loan tenure


  1. Individuals in structured employment
  2. Self-employed individuals with regular income.


This loan is available to salaried individuals for outright purchase of new homes or equity release on existing residential property.


  • Maximum tenor- 10 years.
  • Minimum tenor- 5 years
  • Maximum Loan Amount: N50 million
  • Minimum Loan Amount: N5 million
  • The minimum equity contribution by the borrower is 30% of the cost of property
  • Pricing & Repayment:
  1. Pricing: Highly Competitive
  2. Repayment Source: Salary and other allowances domiciled with FCMB
  3. Repayment Type: Equal Monthly Instalments (EMI) Equal Quarterly Instalments (EQI)
  • Maximum Debt Burden Ratio (DBR) of 33.3% of monthly income

Note: Repayment shall be on equal monthly & quarterly basis through deductions from borrower’s specific salary account. The monthly & quarterly payments cover interest and principal.


This product is designed to provide customers with convenient and affordable means of owning household appliances/equipment by spreading payments over a period of time.


  • Access up to N1,000,000.00
  • Payment over a maximum period of 12 months
  • Flexible repayment options
  • Competitive pricing and no hidden charges


  • Opportunity to acquire assets immediately and spread payment over a period of time
  • Asset is purchased from accredited vendors
  • No collateral
  • Competitive pricing and no hidden charges


  1. Confirmed employee of FCMB rated companies (The list of rated companies is available at their branches nationwide).
  2. Employer must show commitment to remit their monthly salary to FCMB account.

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