How to qualify for FCMB Fast Cash loan

The FCMB (First City Monument Bank) FastCash loan is a convenient loan scheme, available for FMCB customers or non-customers, it doesn’t require legal documents as it is paperless without any collateral needed.

The FastCash loan scheme is designed to resolve and cater to an emergency, pressing issues, or needs such as food, health care, and shelter E.T.C.

In this “How to qualify for FCMB Fast Cash loan” guide, I will be taking you by hand and walk you through how you can qualify for the loan, the requirements needed to apply, and the benefits for both FCMB customers and non-customers.

Let’s take a look at the requirement needed to apply for a FastCash loan first, then we will proceed to the steps to be taken when applying.

how to qualify for fcmb loan

FCMB FastCash loan requirements

FCMB just doesn’t give out the loan to anyone who requests it, there are mandatory requirements to be met.

Below are the major sets:

  • You must be applying for a FastCash loan to solve urgent or pressing issues
  • An active bank account, either current or savings. Non- FCMb customers need to have a salary account
  • A valid means of identification such as NIN (National Identification Number)
  • Your 11-digit BVN (Bank Verification Number)

How to apply for FCMB Fast Cash

There are no specific steps to take, once you have all the necessary requirements outlined above ready, simply dial *329*11# on your mobile phone, follow the on-screen prompts and provide information where necessary.

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You can also apply via the FCMB mobile app, available on Google play store and Apple store for IOS users.

Non-FCMB customers wanting to benefit from this loan should dial *329#.

The specified amount of loan will be deposited into your bank account immediately if the process is successful.

How to repay FCMB Fast Cash loan

This is a common question asked in the mind of those who would like to apply for the FastCash loan.

You don’t need to stress or do anything, once the loan is borrowed successfully, it will be automatically deducted from your bank account once the time is right.

Benefits of FCMB FastCash loan

The FCMB FastCash paperless loan offers the following benefits to both FCMB and non-FCMB bank customers:

For FCMB Customers:

  • Instant access to funds
  • Up to N200,000 loan amount
  • No paperwork is required, just apply through the mobile app or *329*11#
  • No collateral needed
  • The interest rate for salaried is 8% while non-salaried is 15% upfront charge
  • 30 days tenors for new customers
  • Up to 90 days clean upcycle for returning customers
  • Customers can apply as many times in a year as he or she is qualified.

For Non-FCMB Customers:

  • Instant access to funds
  • Up to N200,000 loan amount
  • No paperwork required, just apply through *329#
  • No collateral is needed
  • No FCMB account is required
  • Up to 3 Months Repayment cycle
  • You can apply as many times in a year in as much you’re qualified
  • The attraction of a 3.5% monthly interest rate and a One-time management fee of 1%
  • Funds will be transferred to your salary account in any bank where the salary is domiciled
  • All Federal Government Employees can apply EXCEPT Military and Para-Military Employees
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Summary

We all need urgent helping hands sometimes, if you need financial help to solve pressing issues, this might be a way out for you.

It is easy and simple, without any paperwork and collateral also.

Comment down below or refer to an official FCMB customer representative if you have more questions.

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