C24 Limited is a loan organization in Nigeria that offers collateral-free loans. They understand the need to pay bills and provide solutions to financial problems. Their fast and flexible loan application takes only five minutes to complete.
It is important to review their terms and conditions for specific details on eligibility, interest rates, and repayment options.
Using a loan calculator is a wise decision before selecting a loan package. It is easy to use, requiring you to enter the loan amount and adjust the slider. The calculator then automatically calculates the monthly and total repayments for the chosen plan. This tool helps in making informed decisions about loan options.
Types of C24 Loans You Can Apply For
Table of Contents
- C24 Personal Loan
C24 offers personal loans for individuals in Nigeria, allowing them to borrow up to two million Naira. These loans can be used for various purposes like bill payments, house rent, and medical bills.
To apply for a personal loan, you need to provide a passport photograph, a valid national ID (such as a driver’s license, international passport, or national voter’s card), an employment letter confirming your income source, a 6-month bank account statement, company identification, and a direct debit mandate.
Additionally, C24 provides a loan simulator to compare interest rates from different lenders and make an informed financing decision in under 5 minutes.
- C24 Business Loan
C24 offers majorly three types of business loans:
- Overdraft: This loan provides businesses with emergency funds by allowing them to withdraw more money than what is currently in their account. It serves as a financial safety net during unexpected situation.
- LPO Financing: This package provides reputable vendors and contractors with upfront capital to fulfill work orders and purchase orders. It ensures the smooth continuity of business operations and facilitates growth and expansion.
- Lease Financing: This loan allows entrepreneurs and startups to purchase equipment, tools, and machinery for business use. Payments can be conveniently spread out over a specified period of time.
To make the best decision for your business financing needs, it offers a loan comparison and recommendation platform that is user-friendly and can be completed within minutes. This platform helps you explore various loan options available in Nigeria and select the one that suits your requirements.
Loan Requirements For C24:
- Recent passport photograph
- Formal loan request letter on the company’s letterhead
- Signed direct debit mandate
- Copy of the most recent utility bill
- Valid means of identification
- Employment history of at least six months
- Age requirement of 22 or older
- Functional bank account
- Sufficient transactional history to demonstrate repayment capability
Loan Interest Rate For C24:
- 4% per month interest rate
- One-time 4% management fee (included in repayment plan)
- Repayment period of three to nine months
- Repayment methods include direct debit, cheques, and POS terminals
- Defaulting on payment results in a 1% daily charge
How To Download C24 Loan App:
The C24 Loan app is not available for download on Google Play Store or Apple App Store.
C24 Loan Pros:
- High maximum loan amount
- Fast approval process
C24 Loan Cons:
- Geographically restricted to Lagos
- Requires extensive paperwork
How To Contact C24?
C24 Limited, 4 Adenubi Close, Allen Ave, Ikeja
- Email: [email protected]
- Phone: 090 9089 7471
- Web: https://c24ng.com
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