In this post we will list out different loan options available for civil servants in Nigeria with very good and flexible repayment plan.
Civil servants can collect government loans, loans from banks and loans from private money lenders.
The best loan options for civil servants are bank loans and loans from private money lenders.
Nevertheless in this article we discuss all the best available options including government loans, banks and private lenders.
Loans For Civil Servants In Nigeria
Branch Loan
Branch loan is one the best loan apps in Nigeria. They give out loans to salary earners and civil servants. Just download the app and apply for the loan.
Ren Money Loan
Ren Money loan is a major private loan provider in Nigeria. You can apply for a loan through their app or through their agent.
Quick Loan
Located at no 47 Obafemi awolowo way in Ikeja. They give out loans to civil servants. One of the criteria for the loan is that you must be within the age of 22 to 55.
PayLater Loan
PayLater loan are private money lenders that also loan out money to civil servants. As far as you have an active salary account then you are qualified for this loan.
There are many banks that gives out collateral free loans to civil servants in Nigeria. Such banks include:
Access Bank
GT Bank
UBA
First Bank
Fidelity Bank
Zenith Bank
Standard IBTC Bank
If you are banking with any of these banks just go to any of the branches in your location, they will direct you on how to get a loan with a very flexible payment option.
Federal Government Loans For Civil Servants
The federal government have many loan programs but most of the loan programs are for unemployed Nigerians in order to enable them start a business or grow their existing business.
As a civil servant, you won't really have access to federal government loans. It is advisable you take loans from commercial banks or microfinance banks and even from private money lenders such as loan Fintech companies.
With loan Fintech companies you can get a loan from them in minutes as far as you have the necessary requirements to apply for the loans.
I hope this article is helpful and as a civil servant you now know where you can get a loan.
Updated on November 21