First Bank Okays Loan For Salary Account Holders

By Ikenga Chronicles March 13, 2018

First Bank Okays Loan For Salary Account Holders

First Bank of Nigeria Limited has given salary account owners the opportunity to obtain loans from the bank.This could be achieved through the First Bank Personal Loan Against Salary(PLAS) scheme.

In a statement by the Group Head, Products & Marketing Support, First Bank, Mr. Abiodun Famuyiwa, he said, “salary account holders can access up to N30m to help them pursue capital projects, carry out renovation works on their properties, acquire assets, give their children the best education and other fulfilling accomplishments.

“The scheme offers options to top-up and refinance existing loans at competitive rates. These flexible options were created to offer convenience and reward customers as we stay true to our brand promise of YOU First.”

According to him, the initiative will help customers meet rent obligations, 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 First Bank to fulfill their dreams. PLAS is available to employees whose salary accounts are domiciled with First Bank,” he said.

“Salary accounts can do more than just receive monthly pay; they have inherent wealth that can be unlocked to help you achieve dreams that make you fulfilled on your job and be on top of situations at home and at work,” he added.