A Rental Loan is a personal loan that helps you meet your funding needs for rent payments. A Rental Loan can be for a short term or long term, depending on your needs.
What does it offer you:
•You get low interest rates.
•Minimum loan amount is N165 000.
•This means that you can access credit of up to 100% of your income.
What you need to apply:
•You need to earn a minimum net monthly income of N20, 000.
•You must have been with your current employer for at least six months.
•You will need to have your salary paid into your Stanbic IBTC account.
•You must be permanently employed or be a contract worker with valid contract terms from one of our approved companies.
•You have to be a Nigerian citizen with permanent residency.
•You must be 21 years or older (but not older than 60 years on expiration of the facility).
•You must have a satisfactory credit bureau report.