Fidelity Bank – Loan details

Fidelity Bank offers personal loans and salary advances for public and private sector employees. Amounts go up to ₦10 million with repayment terms up to 3 years.

Loan amount ₦50K – ₦10.0M
Interest from 2.00%
Term 6 – 36 months
Approval 24 hours

Pros

  • ✓ Competitive rates for salary earners
  • ✓ Borrow up to ₦10 million
  • ✓ Repayment terms up to 36 months
  • ✓ Separate salary advance product available
  • ✓ CBN-licensed commercial bank

Cons

  • ✗ Fidelity Bank account required
  • ✗ Documentation process takes time
  • ✗ Only for formal sector employees
  • ✗ Decisions take up to 24 hours

Requirements

  • Fidelity Bank salary account
  • 3 recent payslips
  • Employment confirmation letter
  • Valid ID (NIN slip, voter's card, passport or driver's licence)
  • BVN

Company information

Fidelity Bank PLC
Fidelity Place, 2 Kofo Abayomi Street, Victoria Island, Lagos State
https://www.fidelitybank.ng

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.