“There is always a lot to spend money on, and sometimes the bills can’t wait for the salary to be
paid” Tope complained when his wife informed him that they had run out of cooking gas and had to
He had just moved to a new location with his family and the bills seemed to be coming at such speed
that he could hardly keep up. Barely three weeks in the new apartment, the electricity bill had
arrived. The new apartment was bigger than the last and their two double-seater cushions left too
much space vacant in the seating room. They needed to get a couple more furniture to fill the space.
His wife had not stopped reminding him of the car he promised to get, in order to ease mobility for
Everyone has been a Tope at some point in time, and that is why everyone needs a financial partner
like FirstBank, Nigeria’s premier and leading financial services brand. FirstBank offers a variety of
loan products that can help you ease off pressure as you work towards meeting pressing and urgent
needs, as well as medium term goals.
FirstAdvance is a digital product tailored for Salary Account holders, who have an urgent cash need
and would want to access salary advance from the bank. If you have held a salary account with
FirstBank for up to two months, you can access 50% of your monthly net salary and as much as half a
million naira (N500,000).
A physical visit to the bank branch is not required as you can access it via the FirstMobile (FirstBank’s
Mobile banking app) and USSD channels. To access the service via USSD, dial *894*11# from the
phone number linked with your FirstBank account. This has proved to be the solution for many
people while emergencies arise before pay day. There is no point in waiting for month end before
you can take on those pressing financial obligations.
FirstCredit is another digital product designed to cater for the non-salaried individuals. All that is
required is for your account to have been active and transacting in FirstBank for six months or more
to access FirstCredit. It provides customers with quick and easy access to loans to fund urgent
transactions. You do not need a smart phone or a physical visit to the bank to get this done as well.
This credit facility can be accessed using a mobile phone and the USSD banking code, *894*11#. You
can access as much as N300,000 to be repaid within 30 days.
No physical documentation or collateral is required, neither do you need a physical visit to the bank
to access both loans. Imagine the confidence that comes with sorting out your bills within minutes
and without having to wait till month end.
Salary accounts should do more than receiving your monthly pay from your employer. It should be
instrumental in making your day-to-day living easier, and this is what having your salary account
with FirstBank can achieve for you. You can get a Personal Loan Against Salary (PLAS) if you have a a
longer-term project at hand or investments to make. It may be paying school fees for your kids,
acquiring assets or renovating your properties, paying rent, taking professional examinations.
Customer who qualify can access Up to N50 million based on their net monthly income and rates are
competitive, while offering long term and flexible repayments up to 48 months tenor.
Despite all these benefits and ease in access to loans, it literarily costs nothing to open a FirstBank
Salary Account. Zero opening balance, Zero minimum daily operating balance, Zero account
maintenance charge, plus you even get your first debit card issued for free.
Truly, it is always “YOU FIRST” from FirstBank.
Culled from Nairametrics