Stanbic Bank EZ Cash Loan
Stanbic Bank EZ Cash Loan
Stanbic Bank EZ Cash Loan is a quick and convenient personal loan solution designed to provide fast access to funds without complex documentation. It is ideal for salary earners and eligible account holders who need emergency cash for personal or financial needs. The loan is automated and can be accessed through digital channels, making it one of the most user-friendly lending options in the market.
Minimum and Maximum Loan Amounts Allowed
The minimum loan amount available under the Stanbic Bank EZ Cash Loan is typically ₦50,000, which makes it accessible to individuals who need small emergency funds. The maximum amount can go up to ₦10,000,000, depending on the customer’s account history, income level, and repayment capacity. Stanbic Bank uses an internal credit scoring system to determine eligibility and loan limits.
Repayment Terms
Stanbic EZ Cash offers flexible repayment terms ranging from 30 days up to 25 months, allowing borrowers to choose a repayment period that fits their financial situation. Repayments are usually deducted automatically from the borrower’s bank account to ensure convenience and prevent missed payments. Early repayment is allowed and can help reduce interest costs.
Fees Included
The EZ Cash loan includes transparent fees to ensure clarity for customers. The charges generally include:
- Interest Rate – 4% month.1
- Management/Processing Fee – 1% month
- Insurance/Protection Fee – May be included to cover loan default or death benefits.
- Penalty for Late Payment – Applied if repayments are not made on time.
These fees are clearly outlined before the loan is disbursed, allowing borrowers to understand their financial obligations.
Why It’s Worth Taking Stanbic Bank EZ Cash Loan
| Benefit | Description | Impact on Borrower |
|---|---|---|
| Quick Disbursement | Funds are released instantly to eligible customers | Ideal for emergencies and urgent financial needs |
| Flexible Loan Range | From ₦50,000 to ₦10,000,000 based on account performance | Suitable for both small and large expenses |
| Convenient Repayment Options | Terms available from 30 days to 24 months | Allows borrowers to manage loan payments comfortably |
| Digital Application Process | Loan request handled via mobile app, ATM, or online banking | No paperwork or branch visit required |
| Transparent Fee Structure | Interest and charges clearly displayed before acceptance | Helps borrowers make informed financial decisions |
| Early Repayment Advantage | Borrowers can repay before due date to reduce interest cost | Encourages responsible borrowing and financial discipline |
Learn more
The Stanbic Bank EZ Cash Loan offers a fast, flexible, and reliable lending solution for individuals in need of immediate financial support. With loan amounts ranging from ₦50,000 to ₦10,000,000, repayment terms of up to 12 months, and a clear fee structure, it delivers both convenience and transparency.
The digital application process ensures instant access to funds without paperwork or delays, making it an excellent option for emergencies or planned expenses. For those seeking a hassle-free loan with manageable repayment options, Stanbic Bank EZ Cash stands out as a practical and efficient financial product.
- 1% of account management and VAT(Valued Added Tax) of 7.5% ↩︎
