How to Get a Loan from Keystone Bank

How to Get a Loan from Keystone Bank: A loan is a sort of credit arrangement wherein a certain quantity of money is offered to a third party with the expectation that the principal (or value) will be repaid at a later date.

Frequently, the borrower is required to return not just the initial balance but also any interest or finance charges added by the lender to the principal value.

Before we talk about How to Get a Loan from Keystone Bank, let first understand what Keystone Bank is all about, businesses they represent, and products they offer to their customers

About keystone Bank Services

As a well-known financial institution, Keystone Bank specializes in making loans to people, companies, and other organizations. As a commercial bank, Keystone Bank is essential to promoting economic development and progress by offering a range of credit facilities and loan products that are customized to satisfy the different demands of its clients.

By using its knowledge of financial services, Keystone Bank evaluates customers’ creditworthiness through in-depth credit assessments, guaranteeing prudent lending practices. Whether financing a home, growing a business, or meeting other financial responsibilities, Keystone Bank gives borrowers access to the capital they need to achieve their objectives through affordable interest rates, flexible repayment plans, and individualized customer service. Keystone Bank, with its dedication to honesty and openness, is a reliable collaborator in helping its customers achieve stability and prosperity in their finances.

Keystone Bank provides an extensive variety of banking services, including deposit accounts, electronic banking options, investment goods, and wealth management services, in addition to its primary lending activity. Keystone Bank aims to improve its clients’ financial health and contribute to the general well-being of the communities it serves by offering a comprehensive array of financial products. Keystone Bank is committed to promoting financial inclusion and empowerment by offering personal loans, company finance, and specialized credit facilities. This approach is intended to provide favorable economic results for both individuals and enterprises.

Other products or services Offered by Keystone Bank

Before we talk about How to Get a Loan from Keystone Bank, note that there are other services offered by Keystone Bank. Keystone Bank provides other financial services designed to satisfy the various requirements of people, companies, and institutions. Among the essential services offered by Keystone Bank are listed below:

Deposit Accounts.
Credit Evaluation.
Customer Support.
Electronic Banking Solutions.
Investment products, etc.

How to Get a Loan from Keystone Bank

Keystone Bank is a commercial bank that offers a range of financial services to people, companies, and other institutions. One of its main duties as a commercial bank is to lend money to clients in the form of credit facilities and loans.

Keystone Bank offers a variety of lending options, from personal loans to credit card services, with a range of features made possible by modern technology. The different kinds of loans offered are listed below:

1. Keystone Bank Personal Loans

The Keystone Bank Personal Loan is a short- to medium-term loan that gives employees of corporate organizations financial freedom.

Features of personal loan include:

Access up to N10 million is subject to the employee’s monthly income.
Pay back within a period of 36 months.
Competitive interest rate.
Credit and life insurance are required.

Requirements for obtaining personal loan

Duly filled and completed application form
Domiciliation of Salary and Allowances
Evidence of last pay slips
Duly filled Employer’s Letter of Undertaking
Duly signed Letter of Set-Off/Lien
Positive Credit Checks
There is no history of returned cheques
Valid means of identification (Inclusive of Employee’s ID)
BVN
Passport photograph.

Apply Here

NB: You can get more information about the loan acquisition and repayment from any nearest Keystone Bank branch around you. Remember that before applying for a loan at Keystone Bank, you must have an active account with the bank.

2. Keystone Bank Auto loan

This is a long-term loan for individuals who desire to acquire automobiles (brand new vehicles only) of their choice for personal use.

Features of auto loan include:

Access up to N15million (subject to employee’s monthly income)
Pay back within a period of 48 months
Minimum equity contribution of 20%
Competitive interest rate
Credit life insurance

Requirements for obtaining auto loan

Duly filled and completed application form
Domiciliation of Salary and Allowances
Evidence of last pay slips
Duly filled Employer’s Letter of Undertaking
Duly signed Letter of Set-Off/Lien
Positive Credit Checks
There is no history of returned cheques
Valid means of identification (Inclusive of Employee’s ID)
BVN
Passport photograph

Apply Here

3. Keystone Bank Asset Financing Facility

Salary earners can utilize the facility to spread out repayments over an 18-month period and purchase brand-new household electrical and electronic assets from the bank’s designated vendors.

Features of the Asset Financing Facility include:

Access up to N5million (subject to employee’s monthly income)
Pay back within a period of 18 months
Minimum equity contribution of 20%
Competitive interest rate
Credit life insurance required

Requirements for obtaining the Asset Financing Facility

Duly filled and completed application form
Domiciliation of Salary and Allowances
Evidence of last pay slips
Duly filled Employer’s Letter of Undertaking
Duly signed Letter of Set-Off/Lien
Positive Credit Checks
There is no history of returned cheques
Valid means of identification (Inclusive of Employee’s ID)
BVN
Passport photograph

Apply Here

4. Keystone Bank Device Financing Facility

This facility offers salary earners the opportunity to own brand new phones and other devices from 9Mobile. To get started, please visit 9Mobile’s designated outlets or click here to get your pro forma invoice.

Features of the device financing facility include:

Access up to N500,000 (subject to the employee’s monthly income).
Pay back within a period of 12 months.
Minimum equity contribution of 20%.
Competitive interest rate.
Credit life insurance.

Requirements for obtaining the Asset Financing Facility

Duly filled and completed application form
Domiciliation of Salary and Allowances
Evidence of last pay slips
Duly filled Employer’s Letter of Undertaking
Duly signed Letter of Set-Off/Lien
Positive Credit Checks
There is no history of returned cheques
Valid means of identification (Inclusive of Employee’s ID)
BVN
Passport photograph.

Apply Here

Frequently Asked Questions

How to Get a Loan from Keystone Bank without BVN

Acquiring a loan from Keystone Bank without a Bank Verification Number (BVN) is virtually impossible due to regulatory requirements mandating BVN as a crucial identity verification tool, ensuring transparency, security, and compliance with banking regulations.

How to Check BVN on Keystone Bank

To check your BVN on Keystone Bank via USSD code, follow these simple steps:

Dial *7111*6# from the bank’s registered phone number;
Enter your T-PIN.
And then BVN is displayed.

How to Check Keystone Bank Account Number 2024

Checking a Keystone Bank account number via a USSD code is very simple and fast. Follow the steps below:

NB: Firstly, ensure your phone number is linked to your Keystone Bank account, and remember to keep your PIN and other banking information private and safe.

Launch the dialer app on your smartphone.
Dial *7111# and call right away.
Follow the on-screen prompts.
Select the option for “Check Account Number” or a similar option.
It might be necessary for you to enter your PIN or supply additional authentication information.
Your Keystone Bank account number will appear on the screen or be sent to you via SMS upon verification.