Diamond

Interest Rate  (15% – 31.91%)

Apply

Description

Diamond


Diamond bank is a multinational commercial bank.

Products

  • Salary Advance – The Diamond 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. A minimum loan amount of N100,000.
  • 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. There are no charges on loan pre-payments ahead of scheduled repayment dates
  • 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 10% 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.
  • Asset lease – offers you a flexible and convenient way to get the household items that you need to stay turn your house into a home.

Requirements

Salary Advance

  • Functional Salary account, domiciled with Diamond Bank
  • Completed Retail Lending Application Form
  • Employment letter
  • Confirmation Letter and/or last Promotion Letter
  • Staff ID Card
  • Valid means of Identification (international passport, driver’s license or national ID card)
  • Proof of address
  • Other KYC documents

Vehicle

  • Completed Vehicle Lease Application Form
  • Pro forma invoice from any of the Bank’s approved vendors
  • Credit Checks
  • Blank transfer of ownership Form

Mortgage

  • Available to salaried individuals and business owners.
  • Completed Retail Lending Application Form
  • Valid means of Identification (international passport, driver’s license or national ID card)
  • Proof of address
  • Employment letter
  • Confirmation Letter and/or last Promotion Letter
  • Staff ID Card.
  • Certificate of Registration (for business owners)
  • Valuation Report
  • Copy of registered title document in sellers name
  • Tax clearance certificate
  • Other KYC documents

Reviews

There are no reviews yet.

Be the first to review “Diamond”

Your email address will not be published. Required fields are marked *