FCMB – loan application

4.0 / 5  (356 reviews)
Maximum amount ₦2,000,000
Interest from 4.00%
Term 1 – 60 months
Your money in 24 hours
Apply on official FCMB website ad

Application does not commit you to a loan agreement. Loan is approved by FCMB according to their terms.

Screenshot of https://www.fcmb.com, operated by: First City Monument Bank Limited, used under legitimate licence.

FCMB screenshot

Contact

Company First City Monument Bank Limited
Address Primrose Tower, 17A Tinubu Street, Lagos Island

FCMB – repayment table

Estimated monthly repayments at 4.00% monthly interest. Actual terms confirmed upon approval.

Amount \ Term 1 months 3 months 6 months 12 months 18 months 24 months
₦500,000 ₦520,000 ₦186,667 ₦103,333 ₦61,667 ₦47,778 ₦40,833
₦1,000,000 ₦1,040,000 ₦373,333 ₦206,667 ₦123,333 ₦95,556 ₦81,667
₦1,500,000 ₦1,560,000 ₦560,000 ₦310,000 ₦185,000 ₦143,333 ₦122,500
₦2,000,000 ₦2,080,000 ₦746,667 ₦413,333 ₦246,667 ₦191,111 ₦163,333

Representative example

Loan amount ₦275,000
Repayment term 12 months
Monthly interest 4.00%
Monthly repayment ₦33,917
Total interest costs ₦132,000
Total amount payable ₦407,000

* Example is for illustration only. Actual terms are confirmed upon loan approval.

Quick overview

Loan amount ₦50K – ₦2.0M
Term 1 – 60 months
Interest from 4.00%
Approval 24 hours
Age 18+ years
Online application Yes

Requirements

  • ✓ Active FCMB account (or willing to open one)
  • ✓ 3 months salary domiciliation
  • ✓ Valid ID
  • ✓ 3 recent payslips
  • ✓ 6-month bank statement
  • ✓ BVN

Loan features

  • Personal and salary advance loans
  • Loans from ₦50,000 to ₦5,000,000
  • Terms 3 to 48 months
  • Interest from 4% per month
  • Online and branch application
  • CBN licensed