MaxPlus

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

Time/term loan.

No minimum tenor.

The maximum amount for a MaxPlus loan is N20million.

Yes, minimum net annual income of N10million

3 months

36 Months

Repayment shall not exceed 33% based on any of the under listed repayment option

1. Equal monthly repayment of principal and interest.
2. Monthly interest and principal (annually, bi-annual or quarterly)
3. Specific months as determined by applicants’ income cash flow

Platinum 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.

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

MaxPlus is a personal loan that requires no equity contribution.

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

No, MaxPlus can be used for any purpose.