₦10,000 - ₦3,000,000
Loan Amount
2-4%
Monthly Interest
30-180 days
Repayment Term
Instant
Approval Time
Pros & Cons
Pros
- ✓Low interest rates
- ✓Instant approval
- ✓Strong bank backing
- ✓No collateral needed
- ✓Multiple loan products
Cons
- ✗Must be FCMB customer
- ✗Primarily for salary earners
- ✗Lower limits for new customers
- ✗App needs improvement
How to Apply for FCMB Quick Loan Loan
- 1
Open FCMB mobile app
- 2
Go to Loans section
- 3
Select Quick Loan
- 4
View eligible amount
- 5
Accept terms
- 6
Receive funds instantly
User Reviews
A
Ayo B.Verified
Lagos
January 2025
FCMB loan is reliable. Got ₦500,000 at 2.5% monthly. Very competitive.
N
Ngozi K.Verified
Enugu
December 2024
Good bank loan. Process is easy through the app.
Frequently Asked Questions
What is FCMB Quick Loan interest rate?
FCMB Quick Loan charges 2-4% monthly interest depending on loan amount and tenure.
How much can I borrow from FCMB?
Loan amounts range from ₦10,000 to ₦3,000,000 based on salary and banking history.
Quick Info
- Founded
- 1982
- Headquarters
- Lagos, Nigeria
- CBN Licensed
- Yes
- Disbursement
- Instant
- Last Updated
- 2025-01-19
Requirements
- •Active FCMB salary account
- •Minimum 3 months salary history
- •BVN linked to account
- •Good standing with bank
- •Confirmed employment