Heritage Bank Loan Customer Care Number Email Contact Address Interest Rate Review Apply App Download
Financial services company Heritage Bank Plc., also known as Heritage Bank. It is one of the commercial banks recognized by the Central Bank of Nigeria, the nation’s banking watchdog, with a national operating license. Its head office is located at 292B Ajose Adeogun Street, Victoria Island, Lagos, Lagos State, Nigeria, and it provides retail banking, corporate banking, online/internet banking, investment banking, and asset management services.
Head Office Address
292B Ajose Adeogun Street, Victoria Island Lagos
Customer Center Number
0700 HERITAGE
For Complaints
For Enquiries
[email protected]
Types Of Heritage Bank Loans
Cowry (Personal) Loan
A fantastic financial product called Cowry (Personal) Loan provides people between the ages of 22 and 55 with a method to realize their goals and desires. Subject to a generous cap of N3 million, this flexible loan enables borrowers to access up to 50% of their monthly take-home pay.
Borrowers can benefit from the simplicity of equal monthly repayments that cover both principal and interest with a comfortable maximum duration of 12 months, assuring a smooth and predictable financial journey.
However, prudent borrowing is essential, and in the event of late repayment, a flat fee of 1% per month (above the permitted loan rate) will apply to any unpaid obligations that remain unpaid. However, the procedure is planned to be open and without recourse for the borrower, ensuring a just and equitable method.
Favorable interest rates are a bonus benefit of salary domiciliation with Heritage Bank, which makes the Cowry (Personal) Loan an even more alluring option. The ease of wage domiciliation, which guarantees a quick and easy payback process, is available to borrowers.
Cowry (Personal) Loan Interest Rates
Cowry (Personal) Loan has a competitive monthly interest rate of 2.5%. This means that if you take out a loan through this one, the monthly interest rate will be 2.5% of the outstanding loan balance.
How To Apply For Cowry (Personal) Loan
View the Consumer Loan Application Form.pdf on the Heritage Bank website at https://www.hbng.com/wp-content/uploads/2022/08/
Download the application for a consumer loan.
Give correct and thorough information when filling out the form. Make sure to include all necessary information, such as your name, address, work information, and the requested loan amount.
Include any required addenda, such as identification and income verifications and bank statements.
Send the completed application form along with the required documentation to the nearby Heritage Bank branch, or as directed per the application form’s instructions.
Salary Advance Loan
A financial instrument provided by Heritage Bank, the Heritage Salary Advance Loan, offers quick access to money to fill temporary financial shortfalls. The maximum single obligor limit for the facility is N500,000 and is based on 50% of the applicant’s net monthly earnings. The loan is a short-term borrowing option because its 30-day duration coincides with the borrower’s forthcoming payment.
The Heritage Salary Advance Loan repayment plan is set up as a monthly rental deduction from the borrower’s paycheck, making it simple and straightforward to make payments. Salary domiciliation, or the requirement that the borrower’s salary be consistently put into a Heritage Bank account, serves as the loan’s primary security.
Applicants must fulfill particular requirements in order to be approved for this loan. Their remuneration must be domiciled at Heritage Bank, demonstrating a solid business connection with the institution. Additionally, candidates must hold a confirmed staff status, be employed for pay, and have been with their current employer for at least six months. These specifications guarantee a quick loan approval process and show labor stability.
How To Apply For The Salary Advance Loan
Visit the following website by clicking the given link: https://www.hbng.com/wp-content/uploads/2022/08/Consumer-Loan-Application-Form.pdf.
Click the link to get the consumer loan application form.
Your computer or mobile device should now display the downloaded form.
Give correct and thorough information when filling out the application. Give all the relevant information, such as your name, contact information, place of employment, the requested loan amount, and any additional details.
Auto Loan
The Heritage Bank Auto Loan is a type of financing created especially for people looking to purchase an automobile. You can have the car of your choice at a lower price with this financing. Additionally, the bank offers free tracking and vehicle registration services, and for additional piece of mind, your automobile also comes with a manufacturer’s guarantee. Your maximum loan amount is N10 million, which is equal to 33.3% of your monthly salary.
You must have received your salary into a Heritage Bank account for at least three months in order to qualify. There is no penalty if you pay off the loan early and the maximum repayment term is 48 months. The bank requests an irrevocable letter guaranteeing that any terminal benefits you might receive will be paid to the bank in the event of default as further security.
How To Apply For Auto Loan
To access the auto loan application form, click the linked link.
You can obtain the Consumer Loan Application Form on the Heritage Bank website by clicking this link, which will take you there.
Find the proper button or link to download the application form once you’re on the webpage.
Open the form after downloading it using a PDF reader or other appropriate app on your device.
Complete the application form’s mandatory fields with care and accuracy.
Agric Business Loan
Through its Agric Business Loan programs, Heritage Bank aims to help and promote the agricultural industry. These loans are made to make it easier for farmers and agribusinesses to get the money they require to develop and flourish in the agricultural sector. There are various agricultural business loans offered by Heritage Bank, each of which is specific to a different sector of agriculture:
Anchor Borrowers Program
This loan is intended for small-scale farmers who want to increase their yields and revenue but need resources, inputs, and technical assistance.
Commercial Agriculture Credit Scheme
Larger agricultural enterprises who wish to grow and modernize their operations are eligible for this financing.
Maize Aggregation Scheme (MAS)
Farmers of maize can use this loan to finance the purchase of inputs, the production of maize, and the sale of their crops.
Micro Small and Medium Enterprises Development Fund (MSMEDF)
This loan provides small and medium-sized agribusinesses with accessible funding to support their expansion.
Paddy Aggregator Scheme (PAS)
This loan will help rice farmers and aggregators collect and sell rice while increasing the value of their finished goods.
Real Sector Support Facility
The goal of this loan is to increase the competitiveness and capability of agribusinesses engaged in processing, manufacturing, and other value chain operations.
Required document for Access to Agric lending
Request letter from the borrower.
Loan authorization via board resolution.
a letter authorizing permission to credit check the Company and the Directors and debit the account as necessary.
a letter authorizing the examination of the collateralized property and the debiting of the account.
Company Profile and Incorporation Documents.
Business strategy/feasibility study.
Depending on the loan tenor, projected cash flow analysis for the following 12 months or longer.
Corporate and personal statements of accounts going back at least six months.
Pro forma Bills of Lading (for Purchases).
Cash flow history for the previous 12 months.
Reports of Valuation (should be prepared by the valuer appointed by the bank).
Bill of Materials.
Letter of sale proceeds domiciliation that is unrevocable.
three years’ worth of audited financial statements, or a management account, if appropriate.
Required Permits, Licenses, and Approvals.
Offtake Orders, Contracts, or Commitments that can be verified.
Report from an environmental impact assessment (“EIA”), if necessary.
Copies of finalized storage contracts with reputable managers of collateral for structured trade operations.
Visitation Report and Pictures for the Farm/Project.
Security and collateral papers.
Additional paperwork that HB Plc or the fund provider may require.
How To Apply For The Agric Loan
Please follow these simple steps to start the application process for the Agric Loan from Heritage Bank:
To access the application for an agri-loan, click the linked link.
You can obtain the Consumer Loan Application Form on the Heritage Bank website by clicking this link, which will take you there.
Find the proper button or link to download the application form once you’re on the webpage.
Open the form after downloading it using a PDF reader or other appropriate app on your device.
Complete the application form’s mandatory fields with care and accuracy.
Heritage Bank Loan Overview
The license for the Societe Generale Bank of Nigeria was purchased from the Central Bank of Nigeria in 2012 by the principal investor, IEI Plc, via IEI Investments Limited. The bank returned 100% of the money in existing Societe Generale accounts to their owners after meeting all requirements. In Nigeria, Heritage Bank Plc. is a sizable provider of financial services. It provides banking and financial services throughout the nation, including the South, West, Southeast, and North, under its current license as a National Bank. The bank’s overall asset value as of December 2015 was projected to be US$1.7+ billion (NGN:483.4 billion). Its shareholders’ equity meets the Central Bank of Nigeria’s minimum capital requirement for national banks, which is US$88 million (NGN:25 billion).
Heritage Bank Loan History
The late Dr. Olusola Saraki started the bank in the late 1970s under the name Societe Generale Bank (Nigeria). Due to Societe Generale’s failure to fulfill the new minimum capital requirements of US$155 million (NGN:25 billion) for a National Bank, the Central Bank closed it down in January 2006. In court, Societe Generale successfully contested the closure. The Central Bank renewed Societe Generale’s banking license in December 2012, but this time as a regional bank. After obtaining the banking license, the new owners changed the bank’s name to Heritage Banking Company Limited, and on March 4th, 2013, the new name went into effect.
of order to possess 100% of the shares of Enterprise Bank Ltd., Heritage Banking Company Ltd. completed the requirements set forth by the Asset Management Corporation of Nigeria (AMCON) and the Central Bank of Nigeria in October 2014.
Enterprise Bank Ltd.’s ownership was formally transferred to Heritage Bank Plc by AMCON on January 27, 2015.
How can I get Heritage Bank customer care number?
- Head Office Address. 292B Ajose Adeogun Street, Victoria Island Lagos.
- Customer Center Number. 0700 HERITAGE.
- For Complaints. [email protected].
- For Enquiries. [email protected].
What is the USSD code for Heritage Bank loan?
The USSD code for Heritage Bank Nigeria is *745#.
Is Heritage Bank a local bank?
In Nigeria, Heritage Bank is a regional bank. It is a financial organization having operations in Nigeria’s banking sector.
Does Heritage Bank offer loan repayment flexibility?
Yes, based on the loan type and the applicant’s financial circumstances, Heritage Bank may offer flexible loan repayment terms.
Can self-employed individuals apply for loans from Heritage Bank?
Unemployed people can apply for loans from Heritage Bank, yes. However, certain loan products could have extra specifications for applicants who are self-employed, like submitting audited financial reports, cash flow forecasts, and other pertinent business documentation.
Can I apply for multiple loans from Heritage Bank simultaneously?
While it is possible to apply for several loans from Heritage Bank, each loan application will only be approved if the bank determines that the applicant has the ability and creditworthiness to repay the loans.
Is Heritage Bank still existing in Nigeria?
Yes, Heritage Bank continues to conduct business in Nigeria. Heritage Bank, a famous Nigerian financial company founded in 2012, provides loans, savings accounts, and other financial products to people and companies all around the nation.
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