Have you thought of applying for a loan as a Zenith Bank Customer? If yes, then you’ll know how to borrow money from Zenith Bank in this article you’re reading on NaijaKnowHow.
Almost all commercial banks offer loans and Zenith Bank is also a commercial bank. Taking a loan from them is quite feasible, and if you don’t know the way out. Here’s a short guide you can follow.
There are different ways to take loans online, you can apply for a loan from Microfinance Bank. Digital Banking Apps also give loans, and lastly, there are various loan apps one could take loans from. But if your preferred choice is Zenith Bank, then let’s get right on with this article.
How to Borrow Money From Zenith Bank
To borrow money from Zenith Bank in Nigeria, first, you need to know the type of loan you want to take since there’s more than one. Zenith Bank offers salary advance loans, student loans and so on. But to get the actual loan to apply for, you should check the loans you’re eligible for first.
Zenith Bank Loan Requirements
- A salary or corporate account with Zenith Bank
- BVN
- Good credit score
- You must have received steady credit income in your Zenith account.
Zenith Bank Loan Types and Requirements
Here’s an overview of some of the popular loans you can apply for as a Zenith Bank customer. Although there are over 15 different loan types, these are the common ones. You can also read their requirements as well.
Educational Loan
This type of loan is meant for parents or guardians who need quick cash to pay for their child or ward’s tuition fees. A minimum of 100,000 and a maximum of 5,000,000 could be granted for Educational Loan.