How to apply FCMB FastCash Loan N200,000 » Voice of Nigeria

January 11, 2023 Mary

First City Monument Bank (FCMB) Nigeria has introduced a new loan offering for its account holders in Nigeria.

This offering, called “FastCash,” allows individuals to access loans of up to N200,000 (two hundred thousand Naira) in minutes without the need for collateral.

This is a collateral-free, convenient, and easy-to-access instant loan solution powered by FCMB.

The loan offers benefits such as instant access to funds, no paperwork, and a 30-day tenor for new customers and a 90-day clean up cycle for returning customers.

Additionally, customers can apply for the loan as many times in a year as long as they meet the qualifications.

Currently, this offer is only available to FCMB customers.

Non-FCMB customers can access the loan by opening an account on the FCMB New Mobile, Account Opening Portal, or by dialing *329#. Since its launch in 2018, over 2.7 million loans have been disbursed through the FastCash platform.

According to the Divisional Head of Personal Banking at FCMB, Mr. Shamsideen Fashola, the FastCash loan was introduced to give Nigerians with urgent and unexpected needs access to funds within minutes.

The loan aims to close the access to finance gap for many Nigerians, ensuring the well-being of their households.

In addition to FastCash, FCMB also offers a Salary-Plus-Loan to salary account holders. This allows qualified customers to access short or medium-term funding before salary payment if they have to meet urgent needs.

First City Monument Bank is a member of FCMB Group Plc, a purpose-beyond-profit corporation. The bank is committed to COVID-19 recovery, income equality, and poverty reduction by easing credit constraints to disadvantaged individuals and small businesses.