StartCredits StartCredits StartCredits StartCredits
  • Loans
  • Login
StartCredits StartCredits
  • Loans
  • Login
premiumtrust bank

PremiumTrust Bank

Interest Rate  (8% – 22%)

Rates
Category: Bank Tags: Education, Mortgage, Salary Advance, Vehicle
  • Description

Description

PremiumTrust


PremiumTrust bank is a national commercial bank licensed by the Central bank of Nigeria in 2022.

Products

  • Salary Advance – The PremiumTrust Bank salary advance gives you access to 50% of your net monthly salary for a maximum period of 3 months. It provides employees with quick funds. No documentation or collateral required
  • Mortgages – Their mortgage product is designed to provide financial support for the acquisition ready properties and properties under construction. It is available to salary earners and business entrepreneurs with properties in Lagos, Abuja, and Port Harcourt. There is a Minimum of 30% equity contribution for up to 10 years tenor.
  • Vehicle – This loan product allows customers to acquire new vehicles in a financially convenient manner. It is open to salaried income persons, SMEs and Corporates with an equity contribution as low as 20% of invoice value. The tenor is up to 48 months.
  • Education – Their school fees loan is designed to provide parents/guardians with short–term financing to cover tuition fees for their children/wards, as well for financing of undergraduate study, postgraduate study and professional examinations.

Requirements

Salary Advance

  • Applicant should earn a minimum salary of N25,000
  • Applicant’s salary must be domiciled with PremiumTrust Bank.
  • Applicants in paid employment must have been working for the current  employer for at least six months and must be a confirmed staff
  • Completed Application Form
  • Completed Employee Status Inquiry/Employer’s Confirmation Form
  • Evidence of Confirmation (Letter of Confirmation, Last promotion letter etc.)
  • Copy of Employment ID and valid means of identification
  • BVN
  • Credit checks

Vehicle

  • Applicants should not be more than 60 years at the point of full liquidation, Maximum application age for Professors 65 years, Judges 70 years.
  • Completed Vehicle Lease Application Form
  • Pro forma invoice from any of the Bank’s approved vendors
  • Credit Checks
  • Blank transfer of ownership Form

Mortgage

  • Completed Mortgage Application Form
  • Employee Status Inquiry/Employer’s Confirmation Form
  • Letter of offer from the property seller
  • Title document of the property
  • Valuation report from any of the Bank’s approved estate valuer
  • Search report
  • Credit checks

Related products

  • UBA loan

    UBA

  • FCMB loans

    FCMB

  • zedvance loans

    Zedvance

  • Wema Bank

    Wema

Search for your Loan

Latest Loans

  • Nigerian Youth Investment Fund Nigerian Youth Investment Fund
  • Infinity Trust Mortgage Bank Infinity Trust
  • microcred Microcred
    Rated 5.00 out of 5
  • Purplemoney PurpleMoney
  • Chase microfinance Chase
  • quickcredit loans QuickCredit
    Rated 3.40 out of 5
  • MoneyWise microfinance bank MoneyWise
  • Mayfair microfinance bank loans Mayfair
    Rated 5.00 out of 5
  • Addosser Addosser
    Rated 4.00 out of 5
  • STI Leasing STI Leasing

Loan Advice

  • How to manage your loan costs
  • How to improve your credit score in Nigeria
  • Funding options to emigrate from Nigeria
  • How to access bank loans for your business in Nigeria
  • Non-performing loans of Nigerian banks
  • Securing a federal government housing loan in Nigeria
  • How to check your NIN for a loan application
  • Types of loans offered in Nigeria

Company

  • About
  • Contact
  • Credit Score

Loans

  • Moneylenders
  • Mortgage
  • Microfinance
Return To Top
  • Moneylenders
  • Mortgage
  • Microfinance
2025