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FirstBank Quick Loan Review

VerifiedCBN Licensed

Nigeria's oldest bank with modern digital loans

4.2
(720 reviews)
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₦10,000 - ₦5,000,000

Loan Amount

2-4%

Monthly Interest

30-180 days

Repayment Term

Instant

Approval Time

Pros & Cons

Pros

  • Nigeria's oldest and largest bank
  • Very low interest rates
  • High loan limits
  • Instant disbursement
  • 130+ years of trust
  • Nationwide branch network

Cons

  • Must be FirstBank customer
  • Primarily for salary earners
  • App can be slow sometimes
  • Documentation for large loans

How to Apply for FirstBank Quick Loan Loan

  1. 1

    Download FirstMobile app

  2. 2

    Login to your account

  3. 3

    Select Quick Loan

  4. 4

    View pre-approved amount

  5. 5

    Choose loan details

  6. 6

    Accept and receive instantly

User Reviews

A

Adewale O.Verified

Lagos

January 2025

FirstBank loan at 2% is the best deal. Been banking with them for years and loan access is seamless.

J

Jennifer A.Verified

Calabar

December 2024

Trustworthy bank. Loan process through app is straightforward. Deducted from salary automatically.

Frequently Asked Questions

How much can I borrow from FirstBank?

FirstBank Quick Loan offers up to ₦5 million depending on salary and banking relationship.

Is FirstBank loan instant?

Yes, FirstBank Quick Loan is disbursed instantly to your account once you accept the offer.

Quick Info

Founded
1894
Headquarters
Lagos, Nigeria
CBN Licensed
Yes
Disbursement
Instant
Last Updated
2025-01-19

Requirements

  • Active FirstBank salary account
  • Minimum 6 months salary history
  • BVN linked to account
  • No outstanding defaulted loans
  • Confirmed employment
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