Sometimes, unexpected expenses arise, and you might need a quick financial solution. Stanbic IBTC's EZ Cash loan could be the answer you're looking for.
This blog post dives into everything you need to know about EZ Cash, from eligibility and application processes to important details and links.
What is EZ Cash?
EZ Cash is a convenient loan option from Stanbic IBTC that offers eligible customers instant access to funds. It's an unsecured term loan, meaning you don't need collateral to qualify. Here are some key features:
- Loan Amount: Ranges from NGN 20,000 to NGN 7,500,000
- Repayment Period: Up to 24 months
- Interest Rate: 4% per month (subject to change)
Who is Eligible for EZ Cash?
To be eligible for EZ Cash, you must meet the following criteria:
- Be an existing Stanbic IBTC current account holder.
- Have held your account for at least 12 months.
- Be at least 18 years old but not older than 59 years old.
- Maintain a good transaction history and no history of loan defaults.
Applying for EZ Cash: It's Easy!
Stanbic IBTC offers multiple ways to apply for EZ Cash, making it convenient and accessible:
- Mobile Banking: Dial *90944# on your phone and follow the prompts.
- Internet Banking: Log in to your Stanbic IBTC online banking platform and navigate to the EZ Cash section.
- USSD Code: Existing Stanbic IBTC users can utilize the USSD code *5650# to get their BVN (Bank Verification Number) - a crucial step for loan applications.
Required Documents (for reference):
While applying through mobile banking or internet banking doesn't typically require physical documents, it's helpful to have the following information readily available:
- Your Stanbic IBTC account details
- Your Bank Verification Number (BVN)
- Valid means of identification (National ID card, International Passport)
Important Links for EZ Cash:
- Stanbic IBTC EZ Cash Website: https://www.stanbicibtcbank.com/nigeriabank/personal/products-and-services/all-loans/ezcash
- Stanbic IBTC Instant Loans: https://www.stanbicibtcbank.com/nigeriabank/personal/products-and-services/all-loans (includes EZ Cash details)
Things to Remember:
- EZ Cash offers a fast and convenient way to access funds, but borrowing comes with responsibility. Ensure you can comfortably manage the monthly repayments within your budget.
- Carefully review the loan terms and conditions, including the interest rate and repayment schedule, before applying.
- Stanbic IBTC offers resources and tools for financial planning. Consider exploring these resources to make informed borrowing decisions.
Conclusion
EZ Cash can be a helpful solution for short-term financial needs. By understanding the eligibility criteria, application process, and important details, you can determine if it's the right option for you.
