FCMB – Loan details

FCMB personal loans from ₦50,000 to ₦2,000,000 at 4% monthly.

Loan amount ₦50K – ₦2.0M
Interest from 4.00%
Term 1 – 60 months
Approval 24 hours

Pros

  • ✓ Reputable commercial bank with 200+ branches
  • ✓ Personal loans up to ₦5,000,000
  • ✓ Flexible repayment up to 48 months
  • ✓ NDIC insured deposits
  • ✓ Quick salary advance in 24 hours

Cons

  • ✗ Salary domiciliation required for best rates
  • ✗ Longer processing for term loans (2-4 days)
  • ✗ May require additional docs for non-salary earners

Requirements

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

Company information

First City Monument Bank Limited
Primrose Tower, 17A Tinubu Street, Lagos Island
https://www.fcmb.com

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.com.ng is an independent comparison portal operated by double technology s.r.o., Czech Republic.