Sterling Quick Loan

With the Sterling Quick Loan, you can quickly meet those urgent personal needs. It is available to current account holders with regular monthly income.

Features

  • Maximum tenor of 12 months
  • Competitive pricing
  • No equity contribution

Requirements

  • Hand written application letter
  • Duly executed consumer Loan application form
  • Minimum of three months active banking relationship with Sterling Bank
  • Customer's Debt Service Coverage Ratio (DSCR) should not exceed 33.33% (i.e. loan instalment divided by income)
  • Salary and terminal benefits domiciliation form to be executed by the applicant's employer in favour of the Bank
  • Life insurance policy of 1% of the loan amount

Contact us

Simple Loan Calculator