Personal Loan
This is an unsecured loan that offers salary earners whose monthly enumerations (salary payments) are domiciled in Parallex Bank to access cash loan to meet their personal needs e.g vacations, payment of children’s school fees, rent obligations, furnishing of homes or investment for the future.
Product Features:
- Enjoy loan amounts up to N10,000,000.
- Up to 24 months tenure.
- Your salary account must be domiciled with Parallex Bank for the period the facility is in place.
- Flexible repayment structure.
- Credit life insurance cover.
- Quick and easy loan application process with minimum documentation
Requirements:
- Completed loan application Form.
- Completed Employee Status Inquiry/Employer’s Confirmation Form.
- Evidence of Confirmation (Letter of Confirmation, Last promotion letter etc.).
- Copy of Employment ID and valid means of identification.
- BVN
- Positive credit checks.
- Letter of Lien/Set off.