MaxPlus provides access to personal loans for personal banking customers whose salary accounts are domiciled with the Bank.

Click here to download the MaxPlus application form.

Click here for the Loan Calculator.


Facility Amount: N6million to N30million
Tenor: Maximum of 36 Months
Repayment: Interest will be serviced monthly while principal can be repaid monthly, quarterly, semi-annually, annually or at specified months in a year subject to income cash flow.

Monthly repayment shall not exceed 33.3% of net monthly salary.

Support/Comfort: Salary Domiciliation,
Credit Insurance


An all purpose loan for you to meet your financial needs with a convenient repayment plan.


  • Completed Application Form
  • Employer Undertaking Form

Frequently asked questions on MaxPlus

What is MaxPlus

MaxPlus is a product that is designed to facilitate personal loans to staff of corporate organizations and public sector employees.

What type of loan is MaxPlus?

Time/term loan

What is the minimum tenor?

No minimum tenor

What is the maximum loan amount?

The maximum amount for a MaxPlus loan is N20million.

Is there a minimum salary band to qualify for MaxPlus?

Yes, minimum net annual income of N10million

What is the minimum tenor?

3 months

What is the maximum tenor?

36 Months

What is the mode of repayment?

Repayment shall not exceed 33% based on any of the under listed repayment option
i. Equal monthly repayment of principal and interest.
ii. Monthly interest and principal (annually, bi-annual or quarterly)
iii. Specific months as determined by applicants’ income cash flow.

Who is our target audience?

Personal banking individual who is a staff of approved private and public organizations with a minimum net annual income of N10million, whose salary accounts are domiciled with the Bank.

What is the turnaround time for disbursement?

The turnaround time for disbursements of funds is 48 hours from receipt of completed documents.

Is the customer required to make any contribution?

MaxPlus is a personal loan that requires no equity contribution.

What documents are required under MaxPlus?

The documents required from the customer are Application form and Employer Undertaking to domicile salary

Do I need to define the purpose of the loan?

No, MaxPlus can be used for any purpose.