Stanbic IBTC EZCash is a loan program designed to give Stanbic bank users access to quick loans between N20,000 - 4 Million and if you are already a Stanbic bank account holder then today might be your lucky day. Before we proceed to the process of getting an EZCash loan, let us first know more about this bank.

About Stanbic IBTC Bank?

Stanbic IBTC Bank is a subsidiary of Standard Bank Group, one of Africa's largest banking groups. It is one of the leading financial institutions in Nigeria, offering a wide range of banking products and services to individuals, businesses, and corporations.

Some key features and offerings of Stanbic IBTC Bank include:

1. Personal Banking: Stanbic IBTC Bank provides various personal banking services, including savings accounts, current accounts, fixed deposits, loans and mortgages, investment solutions, and insurance products.

2. Business Banking: The bank offers business banking solutions such as business accounts, business loans, trade finance, cash management, and treasury services to support the growth and success of businesses.

3. Corporate and Investment Banking: Stanbic IBTC Bank provides comprehensive corporate and investment banking solutions to corporates, government agencies, and financial institutions. These include debt and equity financing, cash management, trade finance, risk management, investment banking, and advisory services.

4. Wealth Management: The bank has a dedicated wealth management division that offers a range of investment and advisory services to individuals and high-net-worth clients. These services include asset management, pension fund management, and trust solutions.

5. Alternative Channels: Stanbic IBTC Bank provides customers with convenient access to their accounts and banking services through various alternative channels. These include Internet banking, mobile banking, ATMs, and POS terminals.

6. International Banking: Stanbic IBTC Bank's international banking services facilitate cross-border transactions and support trade and investment activities between Nigeria and other countries. These services include foreign currency accounts, international trade finance, and correspondent banking.

7. Corporate Social Responsibility: The bank is also committed to giving back to society through its corporate social responsibility initiatives. These initiatives focus on education, health, and environmental sustainability.

How does the Stanbic IBTC EZCash works

Stanbic IBTC EZCash is a loan offer available to eligible Stanbic current account holders. You will have access to up to 4 Million Naira with 12 months repayment term. The special thing about Stanbic EZCash loan is that it doesn't require any special documentation or long process.

However, they can only measure your eligibility based on your cash inflow and outflow and your account must be up to 12 (one year) old before you can apply for EZCash. Based on your transactions with the bank, you will be given an amount between N20,000 to 4 Million which is assumed to fall into your capacity after using certain criteria to determine your eligibility and capacity.

Charges: According to them you will be charged 1% on the amount borrowed along with a value-added tax of 0.05% on the amount borrowed and finally, an Insurance fee of 0.35% on the amount borrowed. Also, note that the interest payment for the amount borrowed is taken at the end of the month. However, the overall EZCash loan interest rate is 2.5% per month

This simply means that when you borrow something like 1 Million, the monthly interest rate will be N25,000.

How to Borrow money through Stanbic IBTC EZCash?

To get started simply visit: Stanbic IBTC EZCash here enter your account number and phone number and click on get started. Follow the process to complete your application and they will get back to you with the outcome of your loan request.

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Note: You must have an active account that is at least 12 months old with the bank and also within the age bracket of 18-59 years of age. Finally, you must not have any history of dud cheques and your credit records must be satisfactory. Good luck with your loan application.