7 Ecobank Loans That Don’t Need Collateral – The ability to borrow money and repay it gradually is one of the biggest benefits Ecobank provides to the general public and especially its valued customers. This offers a fantastic way for anyone doing business with this financial institution to apply for a loan to address any financial problems they may have.
Fansloaded will walk you through the list of loans that Ecobank clients can apply for in this article. It’s interesting that, in line with the bank’s loan policy, there is a loan package available for everyone. We strongly advise you to read the entire document attentively so that you will have all the knowledge necessary to apply for and be granted a loan from Ecobank.
Below are the available loans at Ecobank for all customers;
Personal Loan is an all-purpose loan, offering you flexible repayment plans and the option to access additional funds after repayment over time. So whatever you’re financing, it’s easy to lean on us.
- Purpose of loan need not be disclosed
- No tangible collateral required
Auto Loan / Asset Acquisition
Auto Loan or Asset Acquisition can help you make your dreams of purchasing a new vehicle or generator a reality, by offering you up to 90% of the cost of the asset.
- Sold by approved Ecobank vendors
- Convenient repayment plans
If you’re suddenly faced with unexpected financial needs, we can help. Advance Facility allows you to get fast access to up to 50% of your net monthly salary.
- Renews every 30 days for up to a year
- Charges only apply on utilised amount
- Available to Ecobank customers of at least three months
- Ecobank Advantage/Premier Account required
To apply. kindly dial *326# from you mobile phone and follow the instructions
Whether you’re buying a new home, or renovating or refinancing the home you live in now, Mortgage Loan is the ideal way to finance it.
- Repay conveniently over up to 10 years
- Available for completed buildings only
Travel Loan offers you a simpler way to manage your vacation expenses, and includes discounts on tickets prices and hotel accommodation.
- Convenient repayment plans
Providing instant access to funds for emergencies, Salary Advance is a 30-day overdraft facility, offering employees of approved organizations access to up to 40% of their net monthly salary.
Kindly dial *326# to apply.
Cash Backed Loan
If you have existing deposits or investments with Ecobank, Cash Backed Loan is a pre-approved, low interest loan that can help you access your cash without liquidating your savings.
- Overdraft or term loan
- Access up to 90% of funds
How To Apply For Ecobank Loans
if you are interested in apply for any of the loans listed above, please visit the banks official loan application
portal on https://ecobank.com/ng/personal-banking/products-services/loans to apply.
7 Ecobank Loans With No Collateral Required