Life has a way of throwing surprises at us – some delightful, like an impromptu family celebration, and others, like unexpected bills, that can catch us off guard. But what if you had a trusted friend to lean on during those moments? That’s where FirstAdvance steps in, offering you a financial cushion exactly when you need it.
Imagine this: It’s mid-month, and the kids are home for the holidays. The house is buzzing with energy, the pantry needs restocking, and your cousin just announced a last-minute wedding. Your heart says, “Let’s make it special,” but your wallet whispers, “Maybe next time.” Enter FirstAdvance, your go-to solution for bridging the gap between now and your next paycheck.
What is FirstAdvance?
FirstAdvance is FirstBank’s digital lending platform designed specifically for salary earners with accounts domiciled at FirstBank. It provides quick and easy access to funds before your next payday, ensuring you can handle immediate expenses without the stress.
Why Choose FirstAdvance?
• Swift Access: Need funds urgently? With FirstAdvance, you can access up to 50% of your net monthly income for the 30-day variant or up to 75% for the 3-month variant, subject to a maximum of N2,000,000.
• Flexible Tenure: Choose between a 30-day repayment period or a 3-month plan, depending on your needs.
• Transparent Fees: Enjoy a flat interest rate of 3%, a management fee of 1%, and a credit life insurance fee of 1%, all collected upfront.
• Convenient Application: Apply seamlessly through the FirstMobile App or by dialing 89411# on your mobile device.
How to Apply?
1. FirstMobile App:
o Download or open the FirstMobile App.
o Navigate to the ‘Loans’ section and select ‘FirstAdvance.’
o View your eligible amount, accept the terms, input your desired loan amount, and enter your transaction PIN.
o Funds are disbursed to your salary account within minutes.
2. USSD Code:
o Dial *894*11# on your registered mobile number.
o Follow the prompts to view your eligible amount and complete the application.
Eligibility Criteria:
• Your salary account must be domiciled with FirstBank.
• You should have received regular salaries for at least two months.
• The loan amount is subject to your net monthly income and existing obligations.
The juiciest part is; repayment is straightforward. Once your salary is credited, the loan amount is automatically deducted, ensuring you stay on track without any hassle.
With FirstAdvance, you’re not just getting a loan; you’re gaining peace of mind. It’s about enjoying life’s moments without financial strain. Whether it’s a family celebration, an unexpected expense, or simply treating yourself, FirstAdvance ensures you’re always prepared.
Ready to take control of your finances and live life on your terms? Visit www.firstbanknigeria.com or download the FirstMobile App to get started. Because with FirstAdvance, your financial well-being is always a priority.
