- Receipt of month-to-month income ( through a preapproved client database) when you look at the Lender (at the least Two (2) monthsвЂ™ salary must certanly be received within the BorrowerвЂ™s account into the Bank).
- Conclusion of Application and Acceptance of offer via FirstBankвЂ™s electronic Banking platforms including USSD Code *894#, FirstMobile App, ATM and Web Banking.
- Automated confirmation on eligibility.
- Irrevocable wage domiciliation towards the Bank. Execution of Irrevocable Undertaking by company to domicile worker income as well as other allowances and advantages to the lender and never to remit wage along with other allowances, emoluments entitlements and terminal advantages of workers somewhere else minus the consent that is written of Bank.
- Acceptance of the conditions and terms.
The Borrower irrevocably and unconditionally undertakes