Salary Loan
Get Up To ₦5,000,000
Get Your Loan Approved in Minutes!
At FCMB Microfinance, we understand that financial needs can arise at any time. Our salary loan product is designed to give you quick access to funds while offering convenient repayment options through salary deduction.
With competitive rates starting at 4% and flexible terms up to 15 months, we offer the perfect solution for your financial needs.
Why Choose Our Salary Loan?
Designed for employees who need fast, convenient access to funds
Low Interest Rate
From just 4% per annum
Flexible Amounts
₦100,000 to ₦5,000,000
Convenient Repayment
Automated salary deductions
Quick Approval
Funds disbursed within 24 hours
Eligibility Criteria
Simple requirements to qualify for your salary loan
Employment Status
Regular employee with stable income
Length of Service
Minimum 6 months with current employer
Minimum Income
₦50,000 monthly salary
Credit History
Good credit standing
Loan Options
Choose the product that best fits your needs
Salary Advance
- Purpose: Short-term needs or emergencies
- Tenure: 1-6 months
- Repayment: Next payday deduction
Salary Loan
- Purpose: Medium-term financial needs
- Tenure: 1-15 months
- Repayment: Monthly salary deductions
Key Benefits
Why thousands of employees choose our salary loan
Hassle-free Process
Minimal documentation required
No Collateral
Unsecured loans based on your income
Competitive Rates
Lower than most alternatives
Flexible Tenure
Choose repayment period that suits you