LOANS
Civil servant
loan Facility
Wetland MFB offers civil servants the opportunity to easily access loans in a swift and simple manner. This loan is designed to meet the borrowing needs of civil servants who are being paid through the state or Federal Government. These civil servants may have their salaries domiciled or not with the bank.
FEATURES
- Can access up to N3,000,000
- Maximum of 36 months tenure
- No mandatory deposits/ Savings
- Flexible documentation requirements
- Quick loan processing time
- Competitive interest rate
Direct credit loans
These loans are designed to meet the financial needs of civil servants employed by the state or Federal Government whose salaries are not domiciled with Wetland Microfinance bank.
Consumer Loans
These loans are designed to meet the borrowing needs of civil servants whose salaries are domiciled in the bank. The loan is for a period of 12 months and below.
Salary Advance
This loan product is designed to meet the urgent/domestic needs of civil servants whose salaries are domiciled with the bank. This facility is to be repaid when the next salary is paid and may be for a maximum of two months.
Easy Flex
These loans are designed to enable civil servants to buy household appliances with the leverage of repaying the loans at a cheap interest rate and for a period of 6 months. These loans can be accessed by civil servants employed by the state and these civil servants may have their salaries domiciled or not.
Asset Aquisition Loans
These loans are designed to meet the borrowing needs of civil servants whose salaries are domiciled in the bank. The loan tenure can be taken for up to 36 months.
Wetland Group Loans
These loans are given to state civil servants through the Local Education Authorities, Co-operatives, NULGE and other Unions registered and recognized by the State Government.