Private Payroll Loan | Others | Knowledge Base
Others
What are the typical loan repayment terms (months) offered?
Repayments terms can be spread between 3 months to 24 months.
How long should I have been in my current employment to be eligible?
The customer must be in their current employment for at least 3 months to qualify for a salary loan.
What is the minimum salary requirement to qualify for a loan?
The minimum salary requirement to apply for a Salary loan is N150,000.
What are the loan repayment tenures?
Repayments terms can be spread between 3 months to 24 months.
How long should I have been in my current employment to be eligible?
The customer must be in their current employment for at least 3 months to qualify for a salary loan
What is the minimum salary requirement to qualify for a loan?
The minimum requirement to apply for a Salary Loan from Zedvance is N150,000.
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Can I get a loan top-up while I'm still repaying my existing loan?
Yes, you can. If repayments terms and conditions allow for it.
What documents do I need to open an account?
The following documents that are required are, BVN, Personal Passport, Government-issued ID card, CAC certificate and utility
Can I submit my loan application electronically, or do I need to visit a physical branch?
No, you do not need to visit any of our branches to get a loan. You can either visit our centers or place a call to our customer care line.
Do I need a guarantor to apply for a loan?
No, Zedvance Salary loans does not require collateral
How long does it take to get approved for a loan?
It takes up to 24 hours after documentation.