HEI Transportation Loan

HEI Transportation: This product is designed for Road Transport Unions i.e Okada riders, Tri-cyclists, Uber cab operators etc.

Features

  • You can access N250, 000 (minimum) to N500, 000 (maximum)
  • Repayment is weekly
  • Moratorium of 1 week
  • Duration is 52 weeks

Benefits

  • The asset purchased is the collateral
  • Easy access to loan
  • Low interest rate
  • Comprehensive insurance policy
  • It is flexible to run

Requirements

  • Completed application loan form
  • 2 guarantors from the group and 1 external guarantor i.e family member
  • 2 passport photographs
  • Valid means of Identification (National ID, Voters’ card, Drivers’ license, International passport and LASRRA)

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