Get a Loan for Household Equipment

Furnish your home to taste with our Household Equipment loan, while you conveniently spread repayment.

 Features

  • Maximum loan amount of N2 million.
  • Maximum tenor of 18 months.
  • Minimum equity of 20%.
  • Proforma invoice from approved vendor.
  • Salary domiciliation.

 

Benefits 

  • Customers can purchase household equipment  and spread the payment over a specified period
  • Our customers get the best rates in the market
  • It is an easy means to access finance
  • Customers enjoy flexible repayment structure.

 

Required Documents 

 

Who Can Apply for a Household Equipment Loan

Employees in paid employment.

 

To apply for the Household Equipment Loan,

1) What type of equipment can be financed?

  • Brand new home appliances backed with warranty.

2) Can the equipment be bought from any dealer?

  • Equipment may only be bought from FIrstBank approved vendors.

3) Is the Household Equipment Loan available to salary account holders in other banks?

  • This loan is only available to customers who maintain their salary account with FirstBank.

4) Is this loan insured?

  • Yes, the borrower is insured to secure the facility against job loss, permanent disability and death.

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