HomeLoanBanks Offering Instant Loans Without Collateral in Nigeria

Banks Offering Instant Loans Without Collateral in Nigeria

We are in an era whereby people are in desperate need of a source of livelihood; therefore, the need for loans to set up a business is a top priority.

In the quest for people to get access to loans to start up their businesses or expand, it is in search of banks offering instant loans without collateral in Nigeria.

This article will outline the banks that offer instant loans without collateral in Nigeria. Keep Reading!

List of Banks Offering Instant Loans Without Collateral in Nigeria

Briefly outlined below is the list of Banks that offers instant loans without collateral in Nigeria.

1. First City Monument Bank (FCMB) Limited

Regarded as one of the leading financial institutions in Nigeria, FCMB continues to deliver exceptional services to its customers. FCMB provides the following loans without collateral:

  • Fastcash loan
  • Loan for Premium salary
  • Loan plus Salary

To get the full details of FCMB instant loans without collateral, use the apply button below.

2. WEMA Bank

Wema Bank instant loans without collateral have many features that are easy to access; here’s the list of their loan features.

  • School Fees Advance
  • Loans for small businesses and entrepreneurs (SME)
  • Wema Asset Acquisition Scheme (WAAS)
  • Personal loan
  • CBN SME loan
  • Term loan

To apply for WEMA bank loan, use the button below.

3. Stanbic IBTC

One of the fastest-growing Nigerian banks with vast knowledge of internet banking and with one of the top-ranked loan structures in the country.

Below are some of the features in Stanbic Ibtc instant loans without collateral.

  • Smart Loan
  • Personal School Fees Unsecured Loan 
  • Asset financing for vehicles loans
  • Home loan

To get full details and apply for Stanbic IBTC Loan, use the button below.

4. Zenith Bank

SME Credits, Overdrafts, Receivable Limiting or Receipt Limiting, LPO Money, Import Money Office, Product Money Office, Term Advance, Rent, Securities and Assurance, and Retail Advances for Plans are largely accessible through Peak Bank.

Acquiring clients, for instance, can utilize the Nearby Buy Request [LPO] to fund the conveyance of materials.

Overdrafts, then again, furnish the borrower with a credit balance in their current record that is more than their credit balance.

This is set to a particular tenor, generally not over a year. These are accessible to you without a guarantee from the bank.

For more information apply below. 

5. Fidelity Bank

A loan is increasingly becoming a need for the majority of Nigerians. Loans are crucial since they help you get out of financial binds. Furthermore, it is rather common for people to apply for bank loans.

Fidelity Bank, for example, is a reputable bank that can help you meet your financial commitments. You need to know about Fidelity Bank’s loan application process. Apply below.

6. First Bank

With over 10 million active customer accounts, Nigeria’s largest commercial bank is well-known.

It offers customers and investors across Africa a wide range of retail and business financial services, and their instant loans without collateral features are too notch.

Below are some of the features of First bank loans features.

  • Overdrafts and Revenue Loans first 
  • Finance for Contract 
  • Contract Finance for Oil and Gas 
  • Finance for Cement Distribution 
  • And more

To get detailed information about first Bank instant loans without collateral, apply below.

7. United Bank for Africa [UBA]

What Is A UBA No-Collateral Instant Loan, And How Do I Apply For One?

If you need month-to-month financial assistance? With longer-term financing, flexible payment plans, and lower equity, banking with UBA is a beneficial partnership that allows you to enjoy the wonderful things in life.

To get detailed information about UBA instant loans without collateral, apply below.

8. GT Bank

The GTBank Fast Credit is a loaning choice from GTBank that is incredibly straightforward and speedy to get.

Your monies are in your financial balance somewhere around two hours of acknowledgment. The best viewpoint about this advance is that you might apply to dial a shortcode.

You, similar to other people, are not expected to present any papers or documentation to apply. The GTBank Fast credit advance permits you to get up to N5 million with straightforwardness.

To get detailed information about GTbank instant loans without collateral, aapply below.

9. Access Bank

Access Bank is dedicated to aiding small businesses, and their solution is a fusion of ecosystem solutions tailored to the challenges that small businesses confront.

What are the challenges? They have issues with their business management strategies, capacity building, marketing, and product or service sales.

To get more detailed inflation, apply below.


It’s highly expedient that you do your investigation before applying for a bank loan. Aside from the information I supplied, you’ll want to watch these banks to see which platform best meets your needs.

In addition, you may compare loan offers from other lenders in minutes to make the best-informed selections possible when applying for a loan. Finally, various bank loans such as the Union Bank and the Jaiz bank are available.



Please enter your comment!
Please enter your name here

Most Popular