First City Monument Bank (FCMB) Nigeria has rolled out a seamless loan offering for its Nigerian account holders seeking to meet their emergency and pertinent financial needs.
Nigerians can now access the loan offering, tagged “FastCash” loans of up to N200,000 (two hundred thousand Naira) in minutes, with no collateral required for their emergencies and urgent needs.
FastCash is a collateral-free, convenient, easy-to-access instant loan solution powered by First City Monument Bank (FCMB).
How to apply for FCMB Fastcash Loan for Entrepreneurs, Individuals & Salary Earners
It is an instant loan and you can apply via the mobile app or USSD code *329*11#.
Benefits of the Fastcash Loan For FCMB Customers
> Get instant access to funds
> Up to N200,000 loan amount
> No paperwork required, just apply through the mobile app or *329*11#
> No collateral needed
> 30 days tenors for new customers
> Up to 90 days clean up cycle for returning customers
> Customer can apply as many times in a year as long as he/she is qualified.
This offer is currently open to FCMB customers only. To access its loan, kindly open an account on the FCMB New Mobile, Account Opening Portal or Dial *329#.
So far, over 2.7 million loans have been disbursed via the FastCash platform since it was launched in 2018.
Divisional Head of Personal Banking at FCMB, Mr Shamsideen Fashola, said, “we introduced FastCash as a collateral-free loan to give Nigerians with urgent and unexpected needs access to funds within minutes when it matters most. FastCash loans close the access to finance gap for many Nigerians, ensuring the well-being of their household”.
In addition to FastCash, FCMB offers Salary-Plus-Loan to salary account holders. It allows qualified customers to access short or medium-term funding before salary payment if they have to meet urgent needs.
First City Monument Bank is a member of FCMB Group Plc, a purpose-beyond-profit corporation. The Bank is committed to COVID-19 recovery, income equality and poverty reduction by easing credit constraints to disadvantaged individuals and small businesses.