Sterling Bank – Loan details

Sterling Bank loans from ₦10,000 to ₦5,000,000 with up to 60 months repayment.

Loan amount ₦10K – ₦5.0M
Interest from 5.00%
Term 1 – 60 months
Approval 24 hours

Pros

  • ✓ Full-service commercial bank
  • ✓ Loans up to ₦5,000,000
  • ✓ Pre-approved limits via Sterling One app
  • ✓ CBN licensed and NDIC insured
  • ✓ Loans available for educational purposes too

Cons

  • ✗ Salary domiciliation required
  • ✗ Processing 24-48 hours
  • ✗ Must be existing account holder for best offers

Requirements

  • Sterling Bank account
  • Minimum 3 months salary domiciliation
  • Valid ID
  • Recent payslips
  • Bank statement
  • BVN

Company information

Sterling Bank Plc
20 Marina, Lagos Island, Lagos
https://www.sterlingbank.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.