First Bank FirstCredit Loan Application Form and Eligibility

First Bank FirstCredit Loan Application Form and Eligibility


FirstCredit is a product designed to provide you with a quick and simple loan to fund your transactions.  Loans can be accessed from anywhere without visiting the Bank.

FirstCredit Benefits
  • Easy and convenient access to loans to meet needs.
  • Quick loan request and disbursal
  • No physical documentation required.
  • No collateral required
  • No hidden fees
FirstCredit Features
  • Customer’s account must have been operational in FirstBank for at least 6 months.
  • Customer must be linked to a valid BVN.
  • Customers must have correctly updated phone numbers
  • Customer must have positive credit record with Credit Bureaus.
  • Minimum Loan Amount: N1,000 (One Thousand Naira)
  • Maximum Loan Amount: N300,000 (Three Hundred Thousand Naira)
  • Loan Tenor: Maximum of 30 days
  • Interest Rate: 10% flat
  • Insurance:  1% per transaction
  • A penal charge of 1% monthly and daily interest of 0.3% applies upon default
  • Interest on disbursed amount will be taken upfront on loan disbursal
  • Insurance fee is also taken upfront on loan disbursal
How to Apply?
  1. Dial *894#
  2. Select Loans
  3. Select FirstCredit
  4. Select get new loan
  5. Select the account number with which you want to apply for the loan
  6. Grant data usage consent and accept terms and conditions
  7. You are presented with 4 loan amount options
  8. Choose your desired loan amount
  9. Loan is disbursed into your account

Loan Application Form

Easily request for all FirstBank loans and credit financing products.