The First City Monument Bank (FCMB) has announced its plans of helping parents with children’s school fees and rent by accessing FastCash loans up to N200,000 in minutes.
FCMB said In a statement that FastCash is a collateral-free, convenient, easy-to-access instant loan solution. FastCash loan requires no collateral or paperwork and is available to both salary and non-salary customers of FCMB through its mobile app and USSD platform.
Adding that it takes less than five minutes to complete the application process on the app, and the loan is given out instantly, and that beneficiaries can spread the loan repayment for up to three months.
The Divisional Head of Personal Banking at FCMB, Shamsideen Fashola, said, “we introduced FastCash as a collateral-free loan to give Nigerians with urgent and unexpected needs access to funds within minutes when it matters most. FastCash loans close the access to finance gap for many Nigerians, ensuring the well-being of their household.”
