Public Sector Loan
Public Sector Loan prides itself as the most convenient and competitive loans in Nigeria with easy access and exit for Civil servants in the Federal and state space.
Let’s prepare you for the unexpected.
Make a request for a personal loan from your unique dashboard.
Fill out our KYC form to determine your eligibility.
After verification, funds will be disbursed to your bank account.
FEATURES & BENEFITS
Our loans are fully unsecured with no collateral required.
Our repayment is easy with a wide range of channels and with a period of up to 36 months.
With a minimum loan amount of N18,000 and a maximum loan amount of N2,500,000, we can cover a wide range of needs.
Insurance cover for all personal/emergency loans (Life and hospitalization insurance)
If you need additional financing during your loan tenure, we offer you a top-up.
ELIGIBILITY CRITERIA
To start your journey to financial freedom with us, we need to know whether you check all our boxes. It takes around 2 minutes and it won’t harm your credit rating.
Have a staff Identification card
Live and or work in Lagos State.
Be between 22 and 58 years old.
Possess a clean Credit Bureau Report.
Not have a history of returned cheques in your account.
Possess a verifiable monthly income and pension statement
Run an account (Current or Savings) with a commercial Bank in Nigeria.
Present one recent passport photograph (within the last 6 months)
Possess a valid Proof of Identification (current ECOWAS Passport, National Identification, Driver’s License or Voters ID)
Present NUBAN Cheque leaves for the duration of Loan/Activated direct debit mandate
Have a salary bank statement for the last 3 months (must be stamped by the bank). Your bank can send it directly to us at cashtogo@creditdirect.ng
Send a letter of Employment, Confirmation, Promotion, Redeployment, Salary Increase OR Introduction Letter from Employer’s HR to CREDITDIRECT
It’s easier than ever!
Got a question about our loans, how quick we disburse, or looking for other financial products?
1. Work with the Federal government
2. Provide a passport photograph
3. Staff identification card
4. Bank Verification Number (BVN)
5. 1 month most recent payslip and Bank Statement
6. SMS OFFER /PHYSICAL LAF for all employers excluding EFCC – Completed PHYSICAL LAF only
Requirements for returning customers is as follow:
1. SMS OFFER /PHYSICAL LAF for all business excluding EFCC – PHYSICAL LAF only
2. 2 Credit Reports for loans above N350,000
3. 1 most recent Payslip and Bank statement
1. Work with the State government
2. Provide a passport photograph
3. Staff identification card
4. Bank Verification Number (BVN)
5. 3 Months Stamped Recent Bank Statement
6. 1 recent Payslip
7. Completed Loan Agreement Form (LAF) with properly executed terms and conditions overleaf.
Requirements for returning customers is as follow:
1. Completed Loan Agreement Form (LAF) with properly executed terms and conditions overleaf.
2. 1 recent pay-slip / 1 months Bank Statement
Top-up requirements1. Duly Completed LAF
2. 1 recent pay-slip / 1 months Bank Statement
18 years & 3 months in service.
59years & 34 years length in service.
Minimum amount isN20,000while maximum amount you can access isN2,500,000(higher amounts would require 2 MCC approval)
Yes, you must be a paid federal government /State government employee/worker
Yes, we require a Credit Check for our Federal and State Loans
No, you can apply for a loan via:
1. Website – loans.creditdirect.ng
2. Visit to our office – 48/50, Isaac John Street, Ikeja GRA
3. Dial USSD code- *5120#
4. Telephone 0700creditdirect, 014482225
5. Whatsapp – 09070309430
3.85%terms and conditions apply
Yes, you can top-up your existing PSB Loan once you have made 2 months repayments on your existing 3 – 5 months loan, 3 months repayment on your existing 6-8 months loan, 4 months repayment on your existing 9 – 12 months loan and 6 months repayment on any loan from 12 months and above.
You can contact any of our Direct Sales Executives or Walk into any of our branches.
No, you would be unable to change your repayment due date. You can send the Termination Letter to Contacts@creditdirect.ng for further investigation and review on a possible Loan Restructing or Payment Holiday/Deferment Pan.
You will get an SMS or Email confirming that the funds have been disbursed into your salary account. If funds are not credited to your account within 24hrs, please send an email to Contacts@creditdirect.ng
Yes you can and the interest for the unused months would be waived off.
Our interest rate is computed on a flat rate basis and charged monthly.
There are no hidden charges, however, we only charge an upfront service fee which is a one-off payment before the loan is disbursed to your account.
Quick emergency Loans without collaterals for salaried workers (Federal and State government ministries and parastatals)
Online – www.creditdirect.ng or using our USSD code *5120# or Visit our Head office – 48/50 Isaac John Street, Ikeja GRA Lagos or By Telephone – 01- 4482225 or on WhatsApp – 09070309430 or any of our Sales Agent.
The benefits of Public Sector Loans include the ability to obtain funding quickly and easily, as well as the flexibility to use the funds for any purpose while enjoying a decent repayment period.
Loan Tenors range from 1 to 12 months. (24 months in some locations)
Bank: FCMB
Account Name: CREDIT DIRECT LIMITED
Account No:0238850014
Immediately
Yes you can.
Yes, immediately after your loan application or before disbursem*nt is done
Not to worry, a refund will be processed to your account in less than 24hours. You can also call 014482225 or send an email tocontacts@creditdirect.ng
Please send an email tocontacts@creditdirect.ngor call014482225 or chat us on WhatsApp on 09070309430.
There are no pre-liquidation charges
1. Please call the Contact Centre on014482225or send us an email:contacts@creditdirect.ng.
2. You can also chat with us via our website:www.creditdirect.ngor via
3. WhatsApp:09070309430(our business hours are from 8am to 5pm, Mondays through Fridays).
Start your journey to financial freedom today.
