Stanbic IBTC Bank – loan application
Contact
Company
Stanbic IBTC Bank PLC
Address
Stanbic IBTC Towers, 1678 Olakunle Bakare Close, Victoria Island, Lagos State
Stanbic IBTC Bank – repayment table
Estimated monthly repayments at 2.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 12 months | 18 months | 24 months |
|---|---|---|---|
| ₦500,000 | ₦51,667 | ₦37,778 | ₦30,833 |
| ₦1,000,000 | ₦103,333 | ₦75,556 | ₦61,667 |
| ₦1,500,000 | ₦155,000 | ₦113,333 | ₦92,500 |
| ₦2,000,000 | ₦206,667 | ₦151,111 | ₦123,333 |
| ₦2,500,000 | ₦258,333 | ₦188,889 | ₦154,167 |
| ₦3,000,000 | ₦310,000 | ₦226,667 | ₦185,000 |
Representative example
Loan amount
₦275,000
Repayment term
12 months
Monthly interest
2.00%
Monthly repayment
₦28,417
Total interest costs
₦66,000
Total amount payable
₦341,000
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
₦50K – ₦15.0M
Term
12 – 48 months
Interest from
2.00%
Approval
24 – 48 hours
Age
Salary earners
Online application
Yes
Requirements
- ✓ Stanbic IBTC salary account
- ✓ Employer on Stanbic IBTC approved employer list
- ✓ 3 months recent payslips
- ✓ Employment confirmation letter
- ✓ Valid ID
- ✓ BVN
Ready to apply?
Go to official Stanbic IBTC Bank website ad