Do you intend to borrow money immediately from Nigerian commercial banks? Below is a list of Nigerian banks that provide loans right away. These are the banks that you can utilize if you need a loan right away and want it disbursed immediately.
In Nigeria, both commercial banks and online banks offer loans. You can easily obtain loans from these banks if you need them. But what if you require a loan that must be disbursed right away? Only a few banks in Nigeria offer rapid loans in addition to lending apps.
The list of Nigerian banks that provide loans immediately will be displayed to you. Microfinance banks are a fantastic choice for obtaining loans in Nigeria, and occasionally they even offer rapid loans.
Apply For: CBN Non-Interest Loan 2023
List of Nigerian Banks That Immediately Disburse Loans
You must be a customer of one of these banks in order to apply for a loan. Also, you must possess the necessary papers for loan approval. Below is a list of Nigerian commercial banks that would provide you with quick loans.
1. Zenith Bank
One of the well-known commercial banks in Nigeria that offers loans is Zenith Bank. You must have a salary account or corporate account with Zenith Bank as a customer. As a customer of Zenith Bank, you can apply for a variety of loans, some of which have low interest rates.
You’ll receive loans with protracted repayment terms. They provide LPO Financing Loans, SME Loans, and other types of loans. With Zenith Bank, the loan approval procedure is not particularly tense. You can read this post to learn how to obtain a loan from Zenith Bank.
2. First Bank Nigeria
Both the FirstMonie app and the USSD code can be used to apply for FirstBank loans. It is quite doable to apply for a loan from FirstBank, and they also provide rapid loans. FirstBank offers a variety of loans, some of which can be obtained immediately and others which may take some time.
If you make a living from a wage, FirstBank may be able to grant you a loan; their commission rates are rather high. Loans are repayable in three to six months. One of the banks that provides loans in Nigeria is FirstBank. Here is a guide on how to borrow money from FirstBank that you may use while you apply for a loan with FirstBank.
3. Access Bank
Access Bank provides a range of loans for its clients, including personal loans and payday loans. One of the few commercial banks where you can apply for a loan as a customer, Access Bank makes getting a loan possible. As long as you match their standards, Access Bank loans can be obtained immediately.
Retirement loans, personal loans, back-to-school loans, UnionFlexi loans, and other loans are all provided by Union Bank. You stand a chance to apply for loans if your Union Bank account has excellent history.
4. Union Bank
With rapid loans that are disbursed into your account, Union Bank loans are among the best you can apply for among all commercial banks in Nigeria that offer loans. Here is how to submit an application for a loan from Union Bank.
Access Bank’s loan application procedure is not onerous. If you’re having trouble using Access Bank to apply for a loan. You can find instructions on how to borrow money from Access Bank in our Banking & Finance section.
5. Fidelity Bank
Fidelity Bank is one of the banks in Nigeria that may provide you with immediate loans within 48 hours. Fidelity Bank offers a variety of loan types, the majority of which fall within the FEALS program. Their loans are flexible, and you may apply for one by going into any Fidelity branch in your area or by using the Fidelity app. Here is a simple guide on how to apply for loans online with Fidelity Bank.
6. First City Monument Bank
Loans such as salary loans, auto loans, rapid cash loans, and others are available from First City Monument Bank. Becoming a customer of FCMB has some immediate advantages, including the ability to apply for loans using a USSD code. One of the top commercial banks in Nigeria, FCMB, provides swift financial solutions and typically does not require collateral for loans.
7. Wema Bank
Using the Alat by Wema app is one of the quickest methods to apply for loans from Wema Bank. Wema Bank offers a variety of loan choices, including payday loans, income loans, gadget loans, and more. The majority of these loans typically arrive immediately and have adjustable interest rates. All loans can be applied for through the Alat by Wema app, so there’s no need to visit a Wema Bank location.
It is feasible to borrow money from commercial banks. While most banks take their time in disbursing loans, the banks mentioned above in this post have demonstrated that you can obtain loans immediately. You now have a bank to turn to if you’re looking for loans that you can get right now. Don’t forget to forward this information to anybody you think might find it useful.
Apply For: CBN Non-Interest Loan 2023