Overdraft

LAPO overdraft1

Overdraft is an individual loan product designed by LAPO MfB to assist clients with both business and household emergencies. Overdraft enables clients have access to funds for emergencies at a very low interest.

Features

  • Facility range: N500,000 maximum
  • Methodology: Individual
  • Duration: 1-90 days
  • Grace period: Negotiable

Benefits:

  • Access to funds in emergency situations
  • No collateral
  • Competitive interest rate
  • Flexible and convenient repayment structure
  • Expert financial advice available