Stanbic IBTC Bank – Loan details
Stanbic IBTC Bank offers personal loans up to ₦15 million for salary earners. Part of the Standard Bank Group, with a reputation for consistent service in corporate and retail banking.
Loan amount
₦50K – ₦15.0M
Interest from
2.00%
Term
12 – 48 months
Approval
24 – 48 hours
Pros
- ✓ Part of Africa's largest banking group (Standard Bank)
- ✓ Personal loans up to ₦10,000,000
- ✓ Wide range of financial products (investments, pension, insurance)
- ✓ Repayment up to 48 months
- ✓ Premium banking and customer service
Cons
- ✗ Salary domiciliation required for loan access
- ✗ Processing 2-3 days
- ✗ Branch network smaller than tier-1 Nigerian banks
- ✗ Premium services may have higher minimum requirements
Requirements
- Active Stanbic IBTC account
- Salary domiciliation mandate
- Valid ID
- 3-6 months payslips
- 6-month bank statement
- BVN
- Employment confirmation letter
Company information
Stanbic IBTC Bank PLC
Stanbic IBTC Towers, 1678 Olakunle Bakare Close, Victoria Island, Lagos State
https://www.stanbicibtcbank.com/nigeriabank
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.