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Sterling Bank – loan application

★★★★☆ 4.0 / 5  (287 reviews)
Maximum amount ₦5,000,000
Interest from 5.00%
Term 1 – 60 months
Your money in 24 hours
Apply on official Sterling Bank website ad

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

Screenshot of https://www.sterlingbank.com, operated by: Sterling Bank Plc, used under legitimate licence.

Sterling Bank screenshot

Contact

Company Sterling Bank Plc
Address 20 Marina, Lagos Island, Lagos
Website https://www.sterlingbank.com

Sterling Bank – repayment table

Estimated monthly repayments at 5.00% monthly interest. Actual terms confirmed upon approval.

Amount \ Term 1 months 3 months 6 months 12 months 18 months 24 months
₦500,000 ₦525,000 ₦191,667 ₦108,333 ₦66,667 ₦52,778 ₦45,833
₦1,000,000 ₦1,050,000 ₦383,333 ₦216,667 ₦133,333 ₦105,556 ₦91,667
₦1,500,000 ₦1,575,000 ₦575,000 ₦325,000 ₦200,000 ₦158,333 ₦137,500
₦2,000,000 ₦2,100,000 ₦766,667 ₦433,333 ₦266,667 ₦211,111 ₦183,333
₦2,500,000 ₦2,625,000 ₦958,333 ₦541,667 ₦333,333 ₦263,889 ₦229,167
₦3,000,000 ₦3,150,000 ₦1,150,000 ₦650,000 ₦400,000 ₦316,667 ₦275,000

Representative example

Loan amount ₦255,000
Repayment term 12 months
Monthly interest 5.00%
Monthly repayment ₦34,000
Total interest costs ₦153,000
Total amount payable ₦408,000

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

Quick overview

Loan amount ₦10K – ₦5.0M
Term 1 – 60 months
Interest from 5.00%
Approval 24 hours
Age 18+ years
Online application Yes

Requirements

  • ✓ Sterling Bank account
  • ✓ Regular income
  • ✓ Valid ID
  • ✓ BVN

Loan features

  • Loans ₦10K–₦5M
  • 5% monthly
  • Up to 60 months
  • Branch network

Ready to apply?

Go to official Sterling Bank website ad