Fcmb Loan Codes | Interest Rates And Benefits 

You can now get a Loan and credit from first city monument bank (FCMB). 

Do you need a salary loan? Emergency loan from Fcmb or automobile / car loan from Fcmb? If yes, then you can apply for a personal or business Fcmb loan in Nigeria.

Their fast cash loan, salary Plus loan, salary premium loan and Fcmb auto loan gets you all you need for a safe and easy loans without collateral.

About Fcmb 

First City Monument Bank (FCMB) Ltd is a full service banking group, headquartered in Lagos, with the vision ‘to be the premier financial services group of African origin.

Best Fcmb Loans You Can Apply Without Any Hassle.

Most of these instant loan from Fcmb cab be applied online through Fcmb ussd code and offers instant credit without collateral.

1. Fcmb Fast Cash Loan 

FCMB FastCash is a convenient, paperless credit facility with no collateral required for your emergencies and urgent needs. 

It is an instant loan and the application is through Fcmb USSD code *329#.

Features And Benefits Of Applying For Fcmb Cash Loan.

FCMB Fast Cash is designed for existing FCMB customers, and has the following benefits.

• Instant access to funds
• Up to N100,000 loan amount
• No paperwork required, just apply through *329#.
• No collateral needed
• 30 days clean up cycle
• Customer can apply as many times in a year as s/he is qualified.

2. Fcmb Salary Plus Loan 

The Fcmb Salary Plus Loan is a consumer credit scheme available to salary account holders. 

Through this scheme, qualified FCMB customers can access short- or medium-term funding, before payment of salaries.

Eligibility is based on criteria such as domiciliation of salary account with consistent receipt of salaries for a period of 6 months and categorized employer.

Fcmb Salary Plus Loan Top Up

Salary top-up loan is a credit scheme available to existing customers who have a salary plus loan. 

Prequalification is done based on criteria such as up-to-date salary and no missed repayments on loans within the last 6 months.

You can apply for this loan in 2 easy ways:

To top-up your Salary loan through FCMBOnline , simply follow the steps below:

1. Log on to FCMBOnline
2. Click on Consumer Loan
3. Click on Salary plus top up
4. Select Current account number
5. Confirm loan amount
6. Check the box for terms and conditions.
7. Submit request and loan is disbursed within 8 hours.

To top-up your Salary Plus loan at any FCMB Branch, simply follow the steps below:

1. Hand over account number to the Teller at the Branch

2. Teller inputs customer account number on the system to confirm customer eligibility.

3. Eligible amount is displayed.

4. Customer confirms go ahead with the loan amount and conditions.

5. Teller submits the request to Head teller for appropriate confirmation

6. OTP is generated upon completion and sent to the customers ‘registered phone number for confirmation

7. Customer reads out the OTP and teller.
Loan is disbursed within 8 hours.

3. Fcmb Premium Salary Loan

Fcmb Premium Salary Plus loan provides confirmed staff of commercial organizations more useable funds. 

The employee’s organization must have been rated on Moody’s with a minimum A- rating, and eligible employees interested in the product must earn a minimum monthly income of N100, 000.00.

FCMB Premium Salary Plus has the following benefits:

1. Free issuance cost for Premium Debit & Credit Cards
2. Premium Cheque book.

Features Of Fcmb Premium Salary Loan

• Maximum Loan: N10 million
• Minimum Loan: N1 million
• Maximum Tenure: 60 months
• Minimum Tenure: 6 months
• Pricing: Highly Competitive
• Domiciliation of salary
• Life Insurance: Total premium: 0.75% Loan Amount’ Tenure (upfront) non-refundable
• Employee must earn a minimum of N100,000 to qualify for the FCMB Premium Salary Plus Loan.

4. Fcmb Car / Auto Loan

This is a consumer credit scheme which allows qualified individuals to part-finance acquisition of cars for personal use. 

Customers can own a car and pay over a period of time.

Fcmb Standard Auto Loan 

It enables customer purchase vehicles from auto dealers who have been prequalified and have agreed an SLA with the bank


1. Borrow N500,000.00 to N7,500,000.00
2. Payment over 12 to 48 months
3. Contribute as low as 20% towards the purchase
4. Comprehensive Insurance on the car for the entire loan period
5. No security required
6. Competitive pricing and no hidden charges.


1. Installation of free tracking device for auto valued at N3, 000,000 and above(Free for cars above N3milion otherwise, N50,000.00)

2. Buy a car of your choice from our list of acceptable brands and spread payment over a convenient period

3. We have reliable dealers accredited to ensure you buy from a safe source

4. Convenient insurance payment included in the loan repayment amount

5. No residual cost at end of loan tenure

How To Become Eligibility:

Individuals in structured employment
Self-employed individuals with regular income.

Fcmb Loan Terms And Conditions 

Borrower” shall mean the subscriber to the offer and or service

“the Offer” or “the Service” shall mean FCMB FastCash

“the Bank” shall mean First City Monument Bank Limited

“USSD” shall mean Unstructured Supplementary Service Data.


1. The Borrower has applied to the Bank through USSD for FCMB FastCash to meet urgent personal cash flow needs

2. The Bank has agreed to grant the FastCash to the Borrower by way of principal outstanding

3. The Loan amount shall be made available by direct payment into borrower’s current or saving account with FCMB.


1. The Loan

The Bank hereby agrees to make available to the Borrower and the Borrower accepts the sum to be disbursed (hereinafter referred to as “the FastCash”), by the Bank after borrower’s risk assessment and scoring, for a period not exceeding 30 days from the date of disbursement

2. Interest Rate

2.1 There will be a risk - based interest rate of 15% per disbursal which will be taken upfront which translates to annual percentage rate of 180%. There shall not be any refund on interest rate collected upfront for any prepayment, pre termination of the loan before 30day period or for any other reason. If the Borrower fails to pay any amount which the Borrower owes the Bank in terms of this agreement on the due date, the Bank shall be entitled to continue to charge interest on the outstanding amount at 0.5% per day.

3. Payment

3.1 The Borrower agrees that the Bank shall have the right to deduct the due repayment in full directly from any of the borrower’s accounts including salary account, saving account, deposit account, corporate account with the Bank and any bank in Nigeria or outside of Nigeria.

3.2 The Borrower hereby gives the Bank the right to deduct monies owing to it from any credit inflow and salary inflow into the accounts in the Bank or any other Bank in Nigeria and outside Nigeria.

4. Costs and Charges

All out-of-pocket expenses including registration, legal fees, stamp duties and other fees incurred by the Bank in processing of this facility including enforcement of security and recovery of facility in the event of default shall be for the account of the Borrower.

5. Costs and Charges

All out-of-pocket expenses including registration, legal fees, stamp duties and other fees incurred by the Bank in processing of this facility including enforcement of security and recovery of facility in the event of default shall be for the account of the Borrower.

6. Breach

In the event of:

i. any failure by the Borrower to pay any amount which is due and outstanding under this agreement

ii. any breach by the Borrower of the terms of this agreement or

iii. any failure by the Borrower to carry out his or her obligations under this agreement; then the full sum outstanding under this agreement, together with any penal charge (if any) and all other charges and expenses owing to and due to the Bank by the Borrower shall become immediately due and payable, and without giving notice to the Borrower, the Bank shall be entitled to terminate this agreement and claim and/or recover from the Borrower any damages/losses it may have suffered as a consequence.

7. Authorization to comply

The Borrower agrees that the Bank is irrevocably authorized to comply with any instructions on the Service receives on his/her behalf through the USSD and it is agreed that such Instruction shall be irrevocably deemed to be the Borrower’s Instruction.

8. Notices

8.1 Set off and consolidation rights

The Bank may at any time and without notice to the Borrower combine all or any of the Borrower’s accounts and liabilities with the Bank in Nigeria (or elsewhere) whether singly or jointly with any person, or set off all or any monies standing to the credit of such account(s) including the Borrower’s deposits with the Bank (whether matured or not) towards satisfaction of any of the Borrower’s liabilities to the Bank whether as principal or surety, actual or contingent, primary or collateral, singly or jointly with any other person and the Bank may effect any necessary currency conversion at the Bank’s own rate of exchange then prevailing. Exchange risks associated with any collateral, cash or otherwise in satisfaction of outstanding debt shall be borne by the Borrower.

By accepting the terms & conditions of the loan and by drawing on the loan. I covenant to repay the loan as and when due. In the event that I fail to repay the loan as agreed, and the loan becomes delinquent, the bank shall have the right to report the delinquent loan to the CBN through the Credit Risk Management System (CRMS) or by any other means, and request the CBN to exercise its regulatory power to direct all banks and other financial institutions under its regulatory purview to set-off my indebtedness from any money standing to my credit in any bank account and from any other financial assets they may be holding for my benefit.

I covenant and warrant that the CBN shall have power to set-off my indebtedness under this loan agreement from all such monies and funds standing to my credit/benefit in any and all such accounts or from any other financial assets belonging to me and in the custody of any such bank.

I hereby waive any right of confidentiality whether arising under common law or statute or in any other manner whatsoever and irrevocably agree that I shall not argue to the contrary before any court of law, tribunal, administrative authority or any other body acting in any judicial or quasi-judicial capacity