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Stanbic IBTC Instant Loans Without Collateral

Stanbic IBTC is one of the fastest-growing banks in Nigeria because of its advancement in technology and its loans without a collateral framework.

Stanbic IBTC Instant loans without collateral framework are well structured to fit different needs of the society ranging from their amiable smart loan, Home loans, and others.

This article will highlight the different loans without collateral framework by Stanbic IBTC. keep reading

Stanbic IBTC Loans Without Collateral Framework

Below is a detailed framework of Stanbic IBTC loans without collateral. You are meant to choose the category that is suitable for you.

Smart Loan

If you have mutual funds with Stanbic IBTC Asset Management, a part of Stanbic IBTC Holdings, you can get a Smart Loan worth up to N10 million. No paperwork is necessary to access the loan through the Stanbic IBTC Mobile App.

What you will receive 

In a cash flow shortfall, this is a straightforward solution to manage cash flow.

Stanbic IBTC Asset Management allows you to access up to 80% of your investments as a loan whenever you need it, without terminating your investment.

Term Loans have a maximum term of 48 months.

Access to our business assistance helpline is available 24 hours a day, seven days a week.

Internet, mobile, and USSD banking are all available as e-banking solutions.

How do you obtain it? 

Visit any Stanbic IBTC Bank branch or use the Stanbic IBTC Mobile App to make a deposit

How much does it cost? 

Bank statements that support cashflow three months payslip from an employer or other proof of regular source of income

Your pay must be deposited into a Stanbic IBTC Bank current account with a satisfactory credit bureau record.

Personal School Fees Unsecured Loan 

This is an unsecured personal loan with no collateral designed to address the financial needs of parents and guardians who need to pay school fees for their children or wards at any level of the Nigerian educational system.

What you will receive 

  • Unsecured loan with no obligation for the collateral.
  • The loan term has been lengthened (12 months tenor to be rolled over year for five years).

The procedure is simple and quick, and all levels of the educational system are served.

How do you obtain it? 

Pay a visit to any Stanbic IBTC Bank location.

What kinds of documentation are needed? 

  • Employer’s Letter of Introduction and Salary Domiciliation
  • Pay stubs over the previous three months.
  • Salary account statement for the previous six months (new customers).
  • A valid form of identification, such as a driver’s license or a staff ID, is required.
  • Fees for tuition, housing, and upkeep are listed on this invoice from the school

What is the maximum term of a loan? 

It is for 12 months, although it can be extended if necessary.

Asset Financing for Vehicles 

This loan structure is Simple and quick to apply for a vehicle loan. Our Vehicle and Asset Finance (VAF) program is a medium-term loan designed for salaried and non-salaried customers who want to buy mobile and immovable assets like cars and generators.

How do you obtain it?

  • A filled-out application form
  • Proof of income/salary evidence
  • A proforma invoice for your chosen vehicle or asset (ideally from a Stanbic IBTC partner dealer)
  • Please come to our nearest branch.
  • CustomerCareNigeria@stanbicibtc.com Tel: 01 422 2222 Email: CustomerCareNigeria@stanbicibtc.com

What you will receive 

  • Flexible payment terms of up to four years are available.
  • Competitive interest rates are available.

Home Loan

The Stanbic IBTC Home Loan, a flexible home financing solution available to company owners and salaried individuals with monthly, quarterly, biannual, and annual repayment options, will help you get the house of your dreams.

What you will receive 

  • Purchase a ready-to-move-in home.
  • Purchase a pre-construction unit from one of the bank’s approved developers.
  • Increase the value of an existing property.
  • Property can be purchased in a variety of locations.
  • Up to a 20-year repayment plan is available.
  • Repayment choices include monthly, quarterly, biannual, and annual payments.
  • Options for joint mortgages with a spouse, kid, parent, or sibling

How do you obtain it? 

  • Application for a Home Loan that has been completed
  • Vendor’s offer letter for sale.
  • A copy of your company’s (work) identification card
  • Copy of a valid photo ID (passport or driver’s license from another country).
  • Employer’s letter of introduction (stating salary and confirmation status).
  • A copy of the property’s title documentation.
  • Any of the bank’s approved valuers must provide a valuation report.
  • The report on the search was satisfactory.
  • Pay stubs over the previous three months.
  • Bank statements over the last six months with proof of salary payment.


Conclusively, Stanbic IBTC loans without collateral are among the best among other banks because of their different frameworks and amazing interest rates.

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