These are overdraft loans given to BancABC existing clients to clear any emergency uprising in a given period of 1 month according to the pay date.

Conditions include:

  • Repayment period 1 month
  • Insurance fees 2.39% of the loan amount
  • Quantum of loan (Max) 40% of Net Salary excluding non-recurrent allowances
  • Turnaround time 48 hours
  • Disbursement channel bank account transfers

The requirements are as follows:

  • One copy of national ID
  • Next of Kin ID
  • Current payslip and proof of employment

Find a Branch Near You