• Over the years, First Bank of Nigeria Limited has adopted the strategy of creating
    opportunities for salary accounts holders to unlock the wealth in their accounts with
    numerous initiatives introduced to bridge the gap in the access of quick loans.
    The bank’s salary accounts o4er zero opening balance, zero minimum daily
    operating balance, zero account maintenance charge, First Free Verve or Master
    Card Issuance and access to consumer loans.
    The bank also introduced Personal Loan Against Salary (PLAS), First Advance, and
    FirstCredit Salary Account designed to meet personal loans demands.
    With FirstBank’s PLAS, the salary account holder can access personal loans up to
    N30 million to pursue capital projects, carry out renovation works on their
    properties, acquire assets, give their children the best education, and other fullling
    accomplishments. PLAS o4ers *exible options to top-up and renance existing loans
    at competitive rates.
    The product is designed to also help customers meet immediate personal nancial
    obligations such as rent renewals, vacation trips to choice destinations and pay for
    professional examinations to take their career to the next level. With PLAS, Nigerian
    salary earners need to be assured of a funding partner in FirstBank to full their
    dreams. PLAS is available to employees whose salary accounts are domiciled with
    FirstAdvance is a digital lending solution designed to o4er convenient and easy
    access to cash for payroll customers awaiting payment of their salaries.
    The product is meant for salary earners whose accounts are domiciled with
    FirstBank 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 net
    average three months salary, whichever is lower.

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