The Standard Chartered Bank 2022 is presenting Nigerian students loans which are the Smart Credit Educational Loan, as a means to help cover their expenses and improve their living standards. With the Smart Credit Educational Loan, students can pay tuition fees and other living expenses. In addition, the smart credit loan presents an unsecured personal loan to aid in you to actualize your goals and living the life of your dream. It is important to note that support of family and having a full-time job can also apply for this loan.
About The Standard Chartered Bank 2022 Smart Credit Education Loan
In 1965, the Standard Bank of South Africa merged with the Bank of West Africa acquiring businesses including a banking operation in Nigeria, which dated back to 1894. The name was then changed to Standard Bank of West Africa. Four years after the merger, Standard Bank Nigeria was incorporated locally to take over the business in Nigeria. In 1971, 13% of the share capital was placed with Nigerian investors. Standard Chartered remained a shareholder of First Bank of Nigeria until 1996.
Today, the Bank offers a wide range of products and services in Retail; Wealth Management; Commercial; Corporate and Institutional; Private, Digital, and Transaction Banking business. Standard Chartered employs over 900 staff and sees Nigeria as a growth center. There are about 22 branches, with ATMs in each branch, located in Lagos, Port Harcourt, and Abuja. The new ultra-modern Nigeria Head Office was opened in 2014. However, they offer banking services that help people and companies to excel, building wealth and development all over our markets.
Details Of The Standard Chartered Bank 2022 Smart Credit Education Loan
TYPE: Undergraduate
SCHOLARSHIP BODY: Standard Chartered Bank
COUNTRY TO STUDY: Nigeria
APPLICATION DEADLINE: Not Specified
Also Check: Scholarships For Ghana Students
Benefits Of Standard Chartered Bank 2022 Smart Credit Education Loan
Smart credit offers swift, simple, and direct funding solutions. The fund obtained from the Smart Credit Educational loans can be used to sort tuition fees, purchase personal items like clothes, food, car to mention but a few. It can also be used to pay up other stuff as living expenses among others.
Eligibility For Standard Chartered Smart Educational Loan
Note: Terms and conditions apply. Loans are only given to customers who meet the set eligibility criteria and above all conforms with the sole discretion of Standard Chartered Bank
Below is a list of documents required:
⦁ Certified identification document
⦁ At least a net salary of 50,000 naira
⦁ Confirmation letter from employer
The loan consists of:
⦁ Monthly repayments of the loan, for up to 6 years
⦁ Up to 10 million can be borrowed
⦁ If death occurs, credit life insurance is provided, to help relatives not to be responsible for the bank
Also Check: Scholarships for Nigerian Students 2022
Requirements for Standard Chartered Smart Educational Loan Qualification
Loans are granted at the sole discretion of Standard Chartered Bank and only to customers who meet the eligibility criteria. Other terms and conditions apply:
- Certified identification document
- At least a net salary of 50,000 naira
- Confirmation letter from employer
The loan comprises:
- Monthly repayments of the loan, for up to 6 years
- About 10 million can be borrowed
- In a situation of death, credit life insurance is provided, which helps relatives not to be responsible for the bank
Documents Required For The Loan Application
⦁ Already completed and signed application form
⦁ Last 3-months bank statement of account
⦁ Organization identity card copy
⦁ Any of the following modes of identity should be provided: international passport, driver’s license, voter’s card, or National identity card
⦁ Birth Certificate where applicable
⦁ Confirmation letter from employee attesting that a salary account be opened for you in Standard Chartered bank
⦁ Place of residence and utility bills documents
Deadline Of Application
Not specified
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