Standard Chartered Bank is offering Nigerian students loans which are the Smart Credit Educational Loan to help cover expenses and improve their lifestyle.
The Smart Credit Educational Loan is an unsecured personal loan provided by the Standard Chartered Bank, designed to help you realize your dreams and live to the fullest.
This Smart Credit Educational Loan can be used to pay tuition and living expenses. Students with the help of family and friends who have a full-time job can apply for this loan. The smart credit loan offers an unsecured personal loan to help you realize your dreams and live life to the fullest.
About the Standard Chartered Bank Students Loan
Standard Chartered Bank is offering Nigerian students smart credit loan, which is an unsecured personal installment loan. Students with the assistance of friends and family who are employed full time can apply for the loan.
Smart credit provides a fast, easy and simple funding solution. The Smart Credit Educational Loans can be used to pay tuition fees, buy personal items like clothes, car among others as well as help with living expenses and other costs.
Smart Credit Educational Loan offers you a quick and convenient personal financing solution, whether to buy a car, pay tuition for a graduate degree or to improve the home.
The loan consists of the following:
Monthly repayments of the loan, for up to 6 years
About 10 million can be borrowed
In a situation of death, credit life insurance is provided, which helps relatives not to be responsible for the bank
Loans are granted at the sole discretion of Standard Chartered Bank and only to customers who meet the eligibility criteria. Other terms and conditions apply:
Certified identification document
At least a net salary of 50,000 naira
Confirmation letter from employer
Application form completed and signed
Payment statements for the last 3 months
Bank statements for the last 3 months
Copy of organization identity card
Form of identification: international passport, driver’s license, voter’s card, National identity card
Where needed, birth certificate
A letter of confirmation from your employer to confirm that a salary account will be opened for you in Standard Chartered bank
Documents showing place of residence and utility bills
How to apply
Click here for more information on how to apply