First Bank Loan Interest Rate

Date:

Loan tenor

1 Month

29.00%

2 Months

28.00%

3 Months

26.00%

6 Months

26.00%

1 Year

25.00%

2 Years

24.00%

3-10 Years

23.00%

How to Apply for a Loan

Contact your bank or financial institution. Ascertain the amount of loan you want. Ensure you have a Nigerian bank account and a Bank Verification Number (BVN). Check your credit score. Ask your bank account officer if you need a collateral security. Fill the loan application form. Wait for the loan approval decision.

Types of Loan

Personal Loan, business loan. SME loan and salary loan

Profile of Bank

First Bank is one of the licensed banks in Nigeria. Its products include bank accounts, loans, fixed deposits, commercial papers, debt discounting, factoring and structured finance etc. It is licensed by the Central Bank of Nigeria (CBN) to carry out the business of banking. It is also licensed by the Nigerian Deposit Insurance Corporation (NDIC).

Address

Samuel Asabia House, 35 Marina, P.O. Box 5216, Lagos, Nigeria.

Website

https://www.firstbanknigeria.com/

Phone Number

234 1 905 2326

Email Address

firstcontact@firstbanknigeria.com

Description

The loan interest rate of First Bank is shown in this post. This post also explains how to apply for a loan with the bank.

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