Get Instant Loans on Your Phone with First Bank Loan Service in Nigeria
First Bank offers one of the best loan services in Nigeria for both businesses and individuals.
Unlike traditional bank loans, you don’t need collateral to access some of First Bank’s loans.
Furthermore, with just your phone, you can dial the First Bank loan code and get your loan disbursed into your account within a few minutes.
Whether you are looking for the code to borrow money from First Bank or how to apply for First Bank loan at a bank branch, we’ve got you covered.
About First Bank Loan
First Bank is a leading financial institution in Nigeria, offering a wide range of products and services to meet the needs of its customers.
One of the most in-demand services from First Bank is its loan facility, which is designed to provide financial assistance to individuals and businesses alike.
Using the First Bank loan code to apply for loans from First Bank doesn’t require collateral or a guarantor.
The loan request and disbursal process is fast, and the money will be disbursed into your account within a few minutes of applying for a loan from First Bank if approved.
Keep in mind that First Bank offers different types of loans, so not all First Bank loans can be accessed through First Bank quick loan code.
Loan Offers for First Bank Users
First Bank offers various types of loans to meet the financial needs of its customers, which are discussed below:
FirstCredit is a loan product that provides quick and easy access to funds for your transactions.
You can access loans from anywhere without having to visit the bank, and no collateral or documentation is required.
All you need is a mobile phone or tablet, then dial the First Bank quick loan code, and follow the prompt.
First Bank Personal Loans
Whether you are buying your first home, renovating, or constructing, the First bank flexible home loan can provide the financial boost you need to support your project.
First Bank Salary Loan
If you have a salary account with FirstBank, you can apply for our Personal Loan Against Salary to cover pressing financial obligations before payday arrives.
This loan has a long loan tenor ranging up to 36 months with reasonable interest rates.
FirstAdvance is a digital lending solution designed to provide convenient and easy access to cash for payroll customers awaiting payment of their salaries.
This First Bank loan is available to salary earners whose accounts are domiciled with FirstBank and who have received regular salaries in the last six months or more.
The maximum amount accessible is N500,000.00, subject to 50% of the net average three months’ salary, whichever is lower.
First Bank Joint Mortgage
With the Joint Mortgage loan from First Bank, you and your spouse or business partner can easily buy a property that either party could not have purchased individually.
This loan is available to employees in paid employment and self-employed professionals.
The obtainable loan amount from this product is N70 million, and it comes with a long tenor.
First Bank Automobile Loans
If you are looking to purchase your dream car, First Bank Auto Loan can help you do it sooner than you think.
Businesses can also apply for this loan to acquire vehicles for their day-to-day operations or other purposes.
This loan is available to employees in paid employment.
Firstmonie Agent Credit is a digital lending solution designed to provide bridge finance to help our agents solve liquidity challenges resulting from depleted account balances, even when they have physical cash at hand.
How to Be Eligible for First Bank Loan
Before you can use the First Bank loan code to apply for a loan from First Bank, you must meet certain eligibility criteria.
– You must be at least 18 years old
– You must have an active account with First Bank
– Have a steady source of income
– Have a good credit history
If you meet these requirements, you can now apply for First Bank loan on your phone.
How to Apply for a First Bank Loan
Applying for a loan from First Bank is easy and straightforward.
You can apply via USSD code, First Bank Mobile App, First Bank Website, or First Bank Branches.
To apply for a loan using USSD code, simply dial *894*11#, then follow the prompts.
Enter your personal details, followed by the amount you want to borrow, and the loan tenor you prefer.
Alternatively, you can dial *894# and select “FirstCredit” to get a quick loan from First Bank.
Once you’ve provided all the necessary information and confirmed your loan request, your application will be reviewed, and if approved, the loan amount will be disbursed into your First Bank account.
It’s important to note that the loan amount and tenor you are eligible for may depend on factors such as your credit history, income, and other loan obligations.
Therefore, it’s advisable to borrow only what you can afford to repay comfortably.