{"id":539,"date":"2024-05-11T20:21:19","date_gmt":"2024-05-11T20:21:19","guid":{"rendered":"https:\/\/subbase.com.ng\/blog\/?p=539"},"modified":"2024-06-13T05:30:07","modified_gmt":"2024-06-13T05:30:07","slug":"ez-loan-by-stanbic-ibtc-new-requirement-ussd-code-and-app","status":"publish","type":"post","link":"https:\/\/subbase.com.ng\/blog\/ez-loan-by-stanbic-ibtc-new-requirement-ussd-code-and-app\/","title":{"rendered":"EZ loan By Stanbic IBTC (New Requirement, USSD Code and App)"},"content":{"rendered":"

\"EZ<\/p>\n

One of the reasons we keep a good relationship with our bank is to be able to maintain a good transaction history or be able to\u00a0access loans\u00a0from them, but not all banks do give\u00a0loans in Nigeria\u00a0and some do give with high-interest rates. that is why in today\u2019s article, we want to find out how\u00a0Stanbic IBTC works\u00a0and if you can get a loan from Stanbic IBTC bank.<\/p>\n

The answer is YES, and they offer different kinds of packages and repayment plans. Which we will look into in detail.<\/p>\n

We will focus more on the EZ cash loan because it is the top loan option on\u00a0Stanbic IBTC\u00a0and also with an interest rate of 2.5% \u2013 3.% per month and a loan of up to 5 Million Naira\u00a0instant loan, easy repayment plan spreads across 6, 12 and 24 months.<\/p>\n

People also ask: Who is eligible for EZ Cash? How do I pay back my EZ Cash loan?<\/p>\n

Which we are going to look into.<\/p>\n

How To Be Eligible For Stanbic IBTC EZ Cash Loan<\/h2>\n

Now, Who is eligible for an EZ Cash loan?<\/p>\n

Before you can be eligible to get Stanbic IBTC instant loan which is called an EZ cash loan, you must be a Stanbic IBTC bank customer with a good transaction record and also a currency account holder (Business). These are the EZ Cash loan requirements.<\/p>\n

To also be eligible for this loan, Your account must be active with Stanbic IBTC for at least a minimum of 12 months old or above. you must be up to 18+ but not above 59 years old, and have a good statement of account record with no debt of being a loan defaulter in the past.<\/p>\n

If you think you meet these criteria, then how do you apply for a loan from Stanbic IBTC Bank?<\/p>\n

Let\u2019s find out.<\/p>\n

Application for an EZ cash loan is very easy if you are already a Stanbic IBTC bank customer with a current account, here is what you do to apply for a loan on an EZ cash loan.<\/p>\n

But not that some fees will reduce the initial amount you want to borrow.<\/p>\n

For example;<\/p>\n

    \n
  1. 0.35% Insurance fee of the loan amount you request for.<\/li>\n
  2. 0.05% Value Added Tax of the amount of loan<\/li>\n
  3. 1%\u00a0 Management fee of the amount loan<\/li>\n<\/ol>\n

    If you are with these terms, it is now time to know how to apply for an EZ cash loan in Nigeria.<\/p>\n

    Steps To\u00a0Apply for Stanbic IBTC EZ Cash Loan<\/strong><\/h2>\n

    Follow the procedure below is how to apply for an Ez Cash Loan on Stanbic Bank:<\/p>\n

    For App Users;<\/h3>\n
      \n
    1. Go to Stanbic IBTC mobile app (internet banking).<\/li>\n
    2. Login to the App<\/li>\n
    3. \u00a0Find and Choose \u201cRequest EZ Cash\u201d.<\/li>\n<\/ol>\n
        \n
      1. Provide all the required information such as\u00a0BVN, NIN and others.<\/li>\n
      2. Read and understand the terms and conditions of the loan, and accept if you agree, click \u201cAccept\u201d.<\/li>\n<\/ol>\n

        Note that the terms include your consent to have your account debited for repayment if you default on a particular date. Also, you would be required to provide your debit card details.<\/p>\n

          \n
        1. Upon acceptance of the terms, The loan would be credited immediately to your account.<\/li>\n<\/ol>\n

          For USSD Code users;<\/h3>\n
            \n
          1. The first step is to dial *909*44#.<\/li>\n
          2. Follow the next prompt displayed on your screen.<\/li>\n
          3. Fill out all details requested.<\/li>\n
          4. Accept the loan terms and Conditions.<\/li>\n
          5. Your account will be credited with the EZ cash loan.<\/li>\n<\/ol>\n

            Now you have gotten the loan amount you want, you may also want to know about EZ cash loan repayment.<\/p>\n

            How to Repay Stanbic IBTC loan<\/h2>\n

            The process is as same as when you want to request a loan from the bank, that is how you\u00a0repay\u00a0the Stanbic IBTC loan.<\/p>\n

            For info sake, let\u2019s explain more;<\/p>\n

            Step 1. Fund your Stanbic IBTC account with the set amount or above.<\/p>\n

            Step 2. (For clarification\u2019s sake) contact your account officer for assistance and follow the guidelines provided by your bank.<\/p>\n

            Step 3. Ensure to repay with the calculated interest rate.<\/p>\n

            This enables your account to be free from future debt.<\/p>\n

            Step 4. Get any proof of evidence that your Loan has been cleared or paid off from the bank branch\u2026<\/p>\n

            Conclusion<\/h2>\n

            In summary, It is easy to get an EZ cash loan when you are already a Stanbic IBTC bank customer for a long. In case you want to know the meaning of EZ in the EZ cash loan, it means EaZy Cash loan.<\/p>\n

            Hope you find this article helpful, would like to read your comment if you have borrowed a loan from Stanbic IBTC bank before and what is your experience and reply to your questions. Share this with a Stanbic bank customer.<\/p>\n

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