How to apply for FCMB FastCash N200,000 Loan in Two Minutes without - MSME Africa (2024)

First City Monument Bank (FCMB) Nigeria has rolled out a seamless loan offering for its Nigerian account holders seeking to meet their emergency and pertinent financial needs.

Nigerians can now access the loan offering, tagged “FastCash” loans of up to N200,000 (two hundred thousand Naira) in minutes, with no collateral required for their emergencies and urgent needs.

FastCash is a collateral-free, convenient, easy-to-access instant loan solution powered by First City Monument Bank (FCMB).

How to apply for FCMB Fastcash Loan for Entrepreneurs, Individuals & Salary Earners

It is an instant loan and you can apply via the mobile app or USSD code *329*11#.

Benefits of the Fastcash Loan For FCMB Customers

> Get instant access to funds

> Up to N200,000 loan amount

> No paperwork required, just apply through the mobile app or *329*11#

> No collateral needed

> 30 days tenors for new customers

> Up to 90 days clean up cycle for returning customers

> Customer can apply as many times in a year as long as he/she is qualified.

Non-FCMB Customers

This offer is currently open to FCMB customers only. To access its loan, kindly open an account on the FCMB New Mobile, Account Opening Portal or Dial *329#.

So far, over 2.7 million loans have been disbursed via the FastCash platform since it was launched in 2018.

Divisional Head of Personal Banking at FCMB, Mr Shamsideen Fashola, said, “we introduced FastCash as a collateral-free loan to give Nigerians with urgent and unexpected needs access to funds within minutes when it matters most. FastCash loans close the access to finance gap for many Nigerians, ensuring the well-being of their household”.

In addition to FastCash, FCMB offers Salary-Plus-Loan to salary account holders. It allows qualified customers to access short or medium-term funding before salary payment if they have to meet urgent needs.

First City Monument Bank is a member of FCMB Group Plc, a purpose-beyond-profit corporation. The Bank is committed to COVID-19 recovery, income equality, and poverty reduction by easing credit constraints to disadvantaged individuals and small businesses.

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How to apply for FCMB FastCash N200,000 Loan in Two Minutes without - MSME Africa (2024)

FAQs

How to apply for FCMB FastCash N200,000 Loan in Two Minutes without - MSME Africa? ›

ANS: To apply, simply dial *329*11# and select FastCash OR log in to the FCMB Mobile app, tap on Loans, then choose FastCash Loan.

Who is eligible for instant cash loan? ›

In order to be eligible for a quick loan, you must be between the ages of 21 and 55. Furthermore, you must be a salaried individual earning at least ₹15,000 in non-metro cities and ₹18,000 in metro cities.

What is the code for FastCash loan? ›

How to apply for FCMB Fastcash Loan for Entrepreneurs, Individuals & Salary Earners. It is an instant loan and you can apply via the mobile app or USSD code *329*11#.

How do I get access instant loan? ›

You can get access to an instant loan by dialing *901*11#, *426*11# or via Internet Banking, WhatsApp Banking, Access Mobile App and QuickBucks App.

How to borrow fast cash from FCMB? ›

It is an instant loan and the application is through our USSD code *329*11#. Features & Benefits: FCMB FastCash is designed for existing FCMB customers; Non-FCMB Customers and has the following benefits. No paperwork required, just apply through *329*11#.

What is the easiest loan to get immediately? ›

Some of the easiest loans to get approved for if you have bad credit include payday loans, no-credit-check loans, and pawnshop loans. Before you apply for an emergency loan to obtain funds quickly, make sure you read the fine print so you know exactly what your costs will be.

How can I borrow money and get it instantly? ›

Traditional payday loans, offered online and by storefront lenders, can also provide money quickly, but they typically have such high interest rates that they're outlawed in some states. Many banks and credit unions now offer similar loans but with more reasonable interest rates, called Payday Alternative Loans (PALs).

Which app can borrow me money immediately I open it? ›

Best cash advance apps for September 2024
CompanyMaximum advance limitTime to fund (without fees)
Vola$5005 business hours
Payactiv$1,500Immediate
DailyPayVariesInstant
Albert$250Instant
6 more rows
Sep 5, 2024

How to get instant loan in 5 minutes in Nigeria? ›

Specta is an online lending platform that gives you loans of up to 5 Million in one transaction all within 5 minutes! No collateral, no paperwork and no visit to any office. With Specta, you can take care of urgent personal and business needs anywhere, anytime.

What is the code for fast credit loan? ›

The USSD (*5125#) service offers micro and nano loans to personnel from the public and private sectors and would enable customers make account enquiries while the Fast Credit Mobile would provide loan services, investment, target savings, Wallet services, bill payments, card payments, cardless withdrawal options, and ...

What is the code for quick credit? ›

Dial *737*51*51# to find out how much you can get with QuickCredit. That's fine. QuickCredit is here whenever you need it.

What is the code for FCMB? ›

ACCESS TO FCMB USSD

When interested, users must register to get started by dialing *329#. 2.2 Customer will register with the use of their account number and create their transaction pin to access the FCMB USSD.

How do I borrow from XtraCash? ›

To request the Service, Customer needs to dial *303# and select the option “Kongola and Savings”, then “Kongola” and then “XtraCash loan”. 2.8. Customer may accept or decline the loan offer by following the instructions on the menu.

What are the requirements for instant loan? ›

A good credit record. A regular monthly income of R3000 or more. An Absa bank account into which your monthly salary is paid. You must be 18 years of age or older.

Why am I not eligible for InstaCash on MoneyLion? ›

We require at least three recurring direct deposits from the same source or payroll provider into the account. These must be deposited on a regular schedule. Savings or money market accounts cannot be used to qualify for Instacash®.

What app will let me borrow $250 instantly? ›

Brigit: Best For No Late Fees

With Brigit's Express Delivery, you'll get up to $250 in minutes for a small fee – but there's no charge if you wait two to three business days. You can request a payment extension and choose the date of repayment without penalty. Brigit also offers a program to help build credit.

Is cash App borrow available to everyone? ›

Check Eligibility: Not everyone has access to Cash App's 844 -906-6182 Borrow feature. Eligibility is based on factors like your credit history, usage of the app, and account balance. To check, open Cash App 844 -906-6182, tap on your account balance, and see if the "Borrow" option is available.

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