Access Bank offers a diverse range of loan products tailored to meet the financial needs of its customers, whether for personal growth, business expansion, or emergency financial support. In this post, we will explore various loans available from Access Bank, providing examples, eligibility criteria, and step-by-step solutions on how to access them.

1. Vacation Finance

Overview
Vacation Finance is designed for customers looking to take a break from their routine and travel. Whether it's a local retreat or an international getaway, Access Bank offers financing to help you manage travel expenses like flights, accommodation, and travel insurance.

How to Apply

• Visit Access Bank's website or mobile app.
• Select the "Vacation Finance" option under loans.
• Fill in your personal details, travel plans, and loan amount.
• Submit the application and wait for approval.

Example
If you need N500,000 for a vacation, Access Bank could finance the entire amount or a portion based on your credit score and repayment capability.

2. Access Agent Loan

Overview
The Access Agent Loan is aimed at empowering Access Bank's agents. It provides financial support to those managing Access Bank’s agent banking services.

How to Apply

• Apply via the Access Bank portal.
• Ensure you have been an active Access agent for a minimum period as stipulated by the bank.
• Submit business performance records for loan assessment.

Example
Agents can borrow up to N1,000,000 to expand their operations or handle increased customer demand.

3. Access Device Financing

Overview
This loan helps you purchase devices like smartphones, tablets, or laptops with a flexible repayment plan.

How to Apply

• Choose your preferred device from a partner retailer.
• Apply for device financing through the Access Bank mobile app or in person at a branch.
• Get approval and collect the device.

Example
If you want to purchase a smartphone worth N200,000, you can finance it through Access Bank and pay back over 6 to 12 months.

4. Advance School Fees Loan

Overview
Access Bank's Advance School Fees loan helps you pay school fees in advance for your children or yourself.

How to Apply

• Present proof of admission and fee structure.
• Complete an application form.
• Submit the required documentation, including valid identification and a copy of your salary slip.

Example
For a school fee of N500,000, you can receive financing and make repayment in installments based on your financial capability.

5. Auto Loan

Overview
The Access Bank Auto Loan is designed for purchasing a new or used vehicle with affordable repayment options.

How to Apply

• Choose your vehicle from a certified dealership.
• Provide documentation such as your income statement, valid ID, and employment letter.
• Wait for loan approval and take possession of your car.

Example
If you're buying a car worth N3,000,000, Access Bank may finance up to 70% of the amount, which you can repay over 36 months.

6. Cash-Back Loan

Overview
A Cash-Back Loan allows you to access up to 90% of your savings or investment in cash, while your investment continues to earn interest.

How to Apply

• You must have an existing investment or savings with Access Bank.
• Apply through any branch or via the mobile app.
• Get approved and receive funds.

Example
With an investment of N500,000, you can access up to N450,000 instantly without liquidating your assets.

7. Consumer Asset Lease

Overview
The Consumer Asset Lease program allows you to lease consumer assets like home appliances and electronics with the option to own them after completing payments.

How to Apply

• Select your desired asset from a partner merchant.
• Apply for the lease through Access Bank.
• Make monthly payments over a specified term.

Example
You can lease a television worth N150,000 and pay in monthly installments, eventually owning it.

8. Creative Sector Loan

Overview
This loan is designed to promote Nigeria’s creative industry, including film, music, and fashion, offering financial support for creative professionals.

How to Apply

• Submit a business plan detailing your creative project.
• Provide financial projections and other documentation required by the bank.
• Await approval and disbursement.

Example
A filmmaker needing N1,500,000 to produce a short film can apply for the Creative Sector Loan to cover production costs.

9. Home Loan

Overview
The Access Bank Home Loan offers long-term financing for customers looking to buy, build, or renovate a house.

How to Apply

• Select the property you want to purchase.
• Provide relevant documentation such as property valuation, income statement, and valid identification.
• Get approved and receive funding.

Example
You can get up to N10,000,000 in financing for a new home, with a repayment period of up to 10 years.

10. Payday Loan

Overview
The Payday Loan is designed to meet emergency financial needs before your salary arrives. It offers quick cash advances without collateral.

How to Apply

• Dial 90111# or use the Access Mobile App.
• Enter your details and apply for the loan.
• Receive funds in your Access Bank account.

Example
If you need N100,000 to cover expenses before payday, the loan is available instantly and can be repaid once your salary is credited.

11. Personal Loan

Overview
The Personal Loan from Access Bank helps meet personal financial needs, including medical expenses, home renovations, or other large purchases.

How to Apply

• Apply through the Access Bank website, mobile app, or QuickBucks.
• Provide your income statement and ID.
• Get approved and receive funds.

Example
If you need N500,000 for personal expenses, you can borrow the amount and repay over 12 months with a flexible interest rate.

12. QuickBucks

Overview
QuickBucks is Access Bank’s mobile loan application that gives customers instant access to different loan products, including Payday loans and Salary Advance.

How to Apply

• Download the QuickBucks app from the Play Store or App Store.
• Register and apply for the desired loan product.
• Get approval and receive funds instantly.

13. Salary Advance

Overview
Salary Advance provides Access Bank customers with instant access to up to 50% of their net monthly salary.

How to Apply

• Dial 90111*1# or use the QuickBucks app.
• Enter your details and apply for the Salary Advance loan.
• Receive funds immediately.

Example
If your monthly salary is N200,000, you can access up to N100,000 as an advance and repay when your salary is paid.