Market Loan at Polaris Bank Limited

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Apply for Market Loan at Polaris Bank Limited, are you looking for Loan Opportunity or do you need a loan for your business? Polaris Bank Limited Market Loan is here for you to apply and register online.

Details about Polaris Bank

Polaris Bank was established by the Central Bank of Nigeria (CBN) on September 21, 2018 to offer commercial banking services to the Nigerian public. The bank commenced services on the same day, having purchased the assets and assumed certain liabilities of the defunct Skye Bank.With a footprint of over 350 branches across the country, Polaris Bank prides itself in delivering exceptional customer experience, leveraging best in class/state of the art Information Communication Technology (ICT). By focusing on ICT solutions across multiple service delivery channels (mobile banking, ATMs, POS and online platforms) Polaris Bank maintains a pivotal role in the Nigerian banking industry, providing customers with simple, convenient and secured banking services.

Polaris Bank Limited Market Loan

Traders who deal in Fast Moving Consumer goods can now get finance up to N5 Million Naira with the Market Loan Scheme powered by Polaris Bank.

Features and Benefits

Access to short term overdraft i.e. up to 180 days with 30 days clean up cycle
Competitive Interest rate
Reduced collateral requirements
Loan purpose includes stock purchase and replenishment

Requirements/Eligibility for Polaris Bank Limited Market Loan

Applicant must be engaged in the sale of fast moving consumer goods.
Applicant must be a member of a trade/market association in the market
Applicant must have been in line of business for a minimum of 2 years
Applicant must have been in banking relationship with Polaris Bank or any other reputable bank for at least twelve (12) months evidenced by statement of account from other banks.