Palm Credit Loan Interest Rate

Date:

Loan tenor

1 Month

53.00%

2 Months

52.00%

3 Months

51.00%

6 Months

50.00%

1 Year

49.00%

2 Years

48.00%

3-10 Years

47.00%

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

Palm Credit 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

Lagos Mainland, Lagos 100242

Website

Phone Number

234 1 700 1000

Email Address

support@palmcredit.loans

Description

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

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