500k loan in nigeria how to apply

500k loan in Nigeria steps on how to apply, we all know that  in this digital world, getting a loan from banks has become one of the easiest thing to do, in a case were by you can just sit down in your room and borrow any amount of money

room and borrow any amount of money you want to support your business from the bank using your phone and pay back when you get the money with small interest. but the question is; how much can I borrow from the bank?

so many banks offer a minimum loan of 1k to 100k why others offers more than that.

offering a maximum of 100k and below as become one the Highest some banks can go, because they want to maintain the banks financial stability without having to face any setback.

but you as the borrower, isn’t that amount so small if you need a certain amount of money to support your business, for your business is declining or your are facing financial downfall.

in this article Continue reading as we are going to show you banks that offers 500k loan in nigeria and even above 500k with a little interest rate when you want to pay back.

500k loan in nigeria; banks that you can get them

below are the banks that you can get up to 500k loan and above without going through the stress that comes with borrowing loan from the banks and all that.

1. Access Bank
2. Zenith Bank
3. First Bank
4. Guaranty Trust Bank
5. Union Bank
6. Sterling Bank
7. Fidelity Bank
8. Stanbic IBTC Bank
9. Wema Bank
10. Unity Bank
11. Keystone Bank
12. Heritage Bank
13. Nova Merchant Bank
14. Providus Bank
15. Jaiz Bank
16. SunTrust Bank
17. ALAT by WEMA
18. Kuda Bank
19. Paycom Bank
20. Carbon
21. RenMoney
22. Quickteller Small Loans
23. Branch
24. FairMoney
25. Aella Credit
26. Zedvance
27. Migo
28. OKO Finance
29. AB Microfinance Bank
30. Advans Nigeria
31. Avon Finance
32. Baobab Microfinance Bank
33. Blue Ridge Microfinance Bank
34. BOI Microfinance Bank
35. Capital Microfinance Bank
36. Cedar Microfinance Bank

How to apply for 500k loan in nigeria

one of the easiest way to get loan from all this bank is through their mobile app and USSD code

all you have to do is to download the app and create nam account and provide all your personal details and bvn, drivers license and address and you are good to apply.

it is important to note that getting a loan is a serious financial commitment. Before you take out a loan, make sure that you can afford to make the monthly repayments.

and also have a plan in place for how you will repay the loan if you lose your job or have other unexpected financial difficulties.