UNIBADAN MICROFINANCE BANK

Frequently Asked Questions

Find answers to all your queries about our service.

What types of accounts can I open at Unibadan Microfinance Bank ?

You can open a savings, current and corporate account(s) with us. Our accounts type is designed to cater to the diverse needs of our customers. For special types of accounts, you can reach out to our support team.
How do I apply for a loan?

Applying for loan at Unibadan Microfinance Bank requires series of steps to follow but the first step is obtaining our loan form and provide us with your details to check your eligibility and verify your identity. NOTE: Giving out loan(s) is subject to our terms and conditions which you can learn more about from our loan section or through our support team.
What types of loan do you offer??

We give different types of loans such as Educational loan, house loan, business loan, car loan, etc.
What is the interest rate on loans??

The interest rate on loans depends on criteria(s) of lending, which can only be determined during the process of applying for loan(s).

What do I need to get a loan??

To qualify for loan(s) from Unibadan Micofinance Bank, we would need access to your credit history, personal details, employment history, guarantors and other necessary details that will help us determine your eligibility.
What do I need to open an account??

To open an account with us, we require the following details: 2 passports for a current account and a passport for savings account, nepa bill, NIN number and slip, BVN, UserID and personal details.
Are there fees associated with opening an account or taking a loan??

There are no associated fees attached to account opening except for the initial deposit to activate the account which you have access to instantly after opening of the account. There are charges related to loans as required by CRC and loan processing and administrative charges.
Can I transfer money to other banks using your services ??

Yes, you can transfer money to other banks using our services.
What is the minimum deposit required to open an account?’?

The minimum deposit requires to open an account is #2,000