Products / Loans / Royal Bliz Loan
Royal Bliz Loan
Financing Made Simple for Civil Servants
The Royal Bliz Loan is a salary-backed loan that provides eligible civil servants with quick access to finance for personal needs. It is specially designed for individuals whose salaries are paid through other banks, offering a convenient borrowing solution without requiring salary domiciliation.
Ideal For: Civil servants who receive their salaries through another bank and require personal financing.
Why Choose This Loan?
- No salary domiciliation required
- Simple and convenient application process
- Flexible repayment plan
- Fast processing for eligible applicants
Loan Details
| Eligible Loan Limit | Up to 60% of your monthly net salary |
| Loan Tenure | 12 Months |
| Interest Rate | 54% per annum |
| Minimum Opening Balance | ₦3,000 (serves as the processing fee) |
| Minimum Operating Balance | ₦0 |
Requirements
- Two (2) recent passport photographs
- Three (3) months' payslips
- Six (6) months' salary account bank statement
- Letter of Appointment
- Letter of Introduction
- Staff Identity Card
- Employer Confirmation Letter
- National ID Card
- Valid National Identification Number (NIN)
- Recent utility bill (electricity, water, or rent receipt)
Ready to Apply?
Visit any First Royal Microfinance Bank branch today to apply for the Royal Bliz Loan. Our loan officers are ready to guide you through the application process and help you access the financial support you need.
Apply for Royal Bliz Loan