Group Loan
ORILONISE Microfinance Bank offers Group of individuals or Association the opportunity to access loan products in a quick, transparent and efficient way. Building on our expertise, we can assure our customers flexible loan.
Prospective borrowers do not need to have saved any money with ORILONISE Microfinance Bank before applying for a loan, as we do not support forced savings. All that is needed is a VALID evidence of Association or Group.
What sets US apart is primarily the efficiency and ease of access to credit facilities. Documentation and collateral requirements are significantly more flexible than anywhere else in the Nigerian Banking sector, and the processing time is the shortest available.
GROUP Loans
- Loans from NGN2,000,001 to NGN2,000,000 for your existing business
- Competitive Interest Rate starting from 3.0% monthly on reducing balance
- Disbursement fee of 1.0% of the loan amount
- Maturity period from 6 to 24 months with equal monthly installments
- Broad of collateral items accepted
- Upon submission of all required documents, loan disbursement within a week
Free SMS Reminder for your Monthly Repayments
Kindly note that all applications undergo an on-site assessment by one of our lending staff prior to a committee decision.
Are you interested? Simply visit our office and meet our friendly loan officers for a proposal or download an individual loan form here !
Wait no more, apply now!
