-
Over the years, First Bank of Nigeria Limited has adopted the strategy of creatingopportunities for salary accounts holders to unlock the wealth in their accounts withnumerous initiatives introduced to bridge the gap in the access of quick loans.The bank’s salary accounts o4er zero opening balance, zero minimum dailyoperating balance, zero account maintenance charge, First Free Verve or MasterCard Issuance and access to consumer loans.The bank also introduced Personal Loan Against Salary (PLAS), First Advance, andFirstCredit Salary Account designed to meet personal loans demands.With FirstBank’s PLAS, the salary account holder can access personal loans up toN30 million to pursue capital projects, carry out renovation works on theirproperties, acquire assets, give their children the best education, and other fulllingaccomplishments. PLAS o4ers *exible options to top-up and renance existing loansat competitive rates.The product is designed to also help customers meet immediate personal nancialobligations such as rent renewals, vacation trips to choice destinations and pay forprofessional examinations to take their career to the next level. With PLAS, Nigeriansalary earners need to be assured of a funding partner in FirstBank to full theirdreams. PLAS is available to employees whose salary accounts are domiciled withFirstBank.FirstAdvance is a digital lending solution designed to o4er convenient and easyaccess to cash for payroll customers awaiting payment of their salaries.The product is meant for salary earners whose accounts are domiciled withFirstBank and have received regular salaries in the last six months or more.The maximum amount accessible is N500,000.00, subject to 50 percent of the netaverage three months salary, whichever is lower.
![]()
-
