Currently, Zenith Bank is one of the biggest banks in Nigeria and they also provide financial assistance customers and to aid SME investment. The bank also provides structured credit to meet running costs or lump sum funds for your SME which will enable you open or expand your business.
Their bank loan can be received through an Overdraft which allows the borrower to draw a certain amount in excess of the credit balance in their current account within a specified tenor usually not exceeding 12 months and it comes with an interest rate of about (23% – 34.5%).
The question is, are you a Zenith Bank customer or want to get Loan without collateral from them?
Today, we are going to share with you how to access Zenith Bank payday Loan without Collateral. So many banks do not offer loan to customers if they are not salary earners or do not have collateral, but the case is different for Zenith bank.
Right now, Zenith bank is one of the best banks in Nigeria with the best customer support, interest rate, and good banking system. In case you don’t have an account with them, you can open an account at any branch near you.
MORE ABOUT ZENITH BANK LOAN
Now you want a loan? Whether it is a personal loan to buy a house or go on a vacation, or a structured credit facility to achieve mission-critical business goals, they can offer tailor-made loan solutions to all your cash-flow challenges.
The bank have various loan plans to meet your need at any point in time. Note that you can get a quick loan by dialing just a code on your phone. However, this is only for those banking with Zenith Bank, although the loan will be for a small amount.
The Zenith Bank Loan Process
To get a loan, there are processes to follow if you want to get a loan from Zenith Bank. Depending on the type of loan you want, you will have to dial just a code or contact their customer care.
You can contact firstname.lastname@example.org, call 234-1-2787000 Or visit the nearest Zenith bank branch closest to you.
Here Are Other Types Of Loan You Can Get From hem
- The Zenith Bank SME Loan
- the Zenith Bank Retail Loan
- the Zenith Bank Payday Loan
- the Zenith Bank Salary in Advance.
The SME LOANS
This kind of loans are for small and medium scale businesses.
THE FEATURES AND REQUIREMENTS OF SME LOANS
- Small Interest rate of 9% per annum
- The loan tenor is 12 months
- Applicants must have a business account with Zenith bank of not less than 6 months old
- Applicants business should be in the category of businesses accepted.
THE SALARY ADVANCE
In this salary advance, also known as payday loan you can get up to 60% of your monthly salary in advance. But you have to be a customer of Zenith and your company too.
In this overdraft loan, you can draw a certain amount in excess of the credit balance in your current account within a specified tenor usually not exceeding Twelve months.
THE LPO FINANCE
The loan is made available to borrowing customers to finance the supply of materials or execution of specific supply contracts to reputable organizations.
THE IMPORT FINANCE FACILITY
The import finance is made available to for the importation of raw materials, finished goods and equipment.
THE EXPORT FINANCE FACILITY
The export finance is a credit availed specifically for the export of agricultural produce or other commodities.