Mon - Fri : 08:00am - 5:00pm
+234 701 313 9693

PAYROLL LOAN

FEATURES AND BENEFITS

  • Unsecured loans to employees of prequalified companies (Employers)
  • No credit risk exposure to the Employers
  • Loan repayments are paid directly from employees paycheck
  • Loans fro N50,000 to N1,000,000
  • Tenor – Maximum of 6 months
  • Highly competitive interest rates
  • Flat rate of interest charged monthly
  • Speed and ease of access (within 24 hours)
  • No collateral required
  • No hidden charges
  • No transaction costs (e.g. admin, processing fees etc.)

CONDITIONS

  • Prequalified company to sign Memorandum of Understanding (MOU) with PeeCredit
  • We require the company’s incorporation documents

REQUIREMENTS FROM STAFF

  • Letter from Human Resources confirming staff employment status, net take home pay, and other relevant information.
  • Valid means of ID card
  • Employers Identity card
  • One passport photograph

APPLICATION PROCESS

  • You can apply by Filling a customised loan application form and attaching all required documents.
  • The application form and documents are to be submitted to our resident staff in your office.