MaxPlus offers you a longer tenor facility to meet your financial needs with a convenient repayment plan. Available to Platinum customers whose salary accounts are domiciled with the Bank.
MaxPlus is a product that is designed to facilitate personal loans to staff of corporate organizations and public sector employees.
Time/term loan.
3 months
The maximum amount for a MaxPlus loan is 50million.
Yes, minimum net annual income of N20million
60 Months
Salary earners whose salary are domiciled in the Bank
Repayment shall not exceed 50% based on any of the under listed repayment option
Platinum Banking individual who is a staff of approved private and public organizations with a minimum net annual income of N20million, 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.
| Definition of terms | |
|---|---|
| Loan Amount: | N6million - N50million |
| Tenor: | 3 - 60 months |
| Repayment: | Equal monthly repayment of interest and monthly/flexible principal repayment. Monthly repayment shall not exceed 33.3% of net monthly salary |
| Support: | Salary and terminal benefit domiciliation, credit insurance |