C24 Loan | Interest Rate | Requirements | How to apply

C24 loan gives you fund's up to N3million with no collateral, low interest rates and a simplified repayment structure which means you don't have to break the bank to payback.

C24 is a financial institution which provides quick loans in Nigeria for individuals, salary earners or small scale business owners who lives/ or works in Lagos State.

Table of Contents

• C24 Loan Requirements
• Different types of loans on C24
• How to Apply
• Interest Rate
• How to pay back C24 loan
• Penalty for C24 loan defaulters

C24 Loan Requirements

Before accessing for a loan on C24 make sure to provide these requirements:

1. Valid means of identification

You must prove your identity to C24 by uploading any of these means of identifications such as National ID, Voters Card, Driving Licence and current ECOWAS password.

2. Letter of Employment

To prove that you are a salary earner, you have to provide your letter of employment. Or you can provide your tax ID or pension statement

3. Bank Statement of Account

You must provide the last 6 months bank statement of account to check the inflow and outflow of funds and to help determine your loan offers and interest rate.

4. One Recent Passport Photograph

To prove your identity

5. Utility bills

To get a loan from C24, you must provide any of these utility bills; PHCN, Water bill, LAWMA bill or Rent Agreement.

Different types of loans on C24 platform in Nigeria

• C24 Personal Loan

Personal loan is a loan needed to take care of urgent and personal needs such as; health issue/medical bills, business, vacation, weeding, housing and so on. Getting a C24 personal loan is all you need, as you can get a loan up to N3,000,000 instantly.

• C24 Business Loan

Business loan is a loan needed to take care of all our business needs and wants. C24 business loan is designed for SMEs entrepreneur's, business owners etc.

• C24 Quick Cash Loan

Quick Cash Loan is a loan needed to take care of quick and urgent personal issues that may occur that can't be solved with money at hand, bank or requesting from friends.

C24 is the best platform unlike renmoney to get quick loans within minutes of applying.

How to Apply for a C24 Loan In Nigeria

1. Visit C24 loan office at 4, Adenubi Close, Off Majekodunmi Street, Ikeja, Lagos to apply for loans.
2. You can also apply online by visiting the C24 loan website at C24ng.com.
3. Click on "Apply now" to proceed.
4. Fill out your personal information.
5. Identification information/Next of kin.
6. Employment information.
7. Loans - Account details.
8. Tell them how you hear about C24 loan.
9. Accept it's terms and conditions.
10. Loan disbursement take place within minutes of applying.

Interest Rate

C24 loan offers and interest rate of 2.9 - 4.5% monthly based on your credit worthiness and risk score. Although it may decrease once you build trust with the platform.

C24 offers fund's up to N5million for a period of 2 - 12 months with no collateral and your fund's will be disbursed into your bank account.

Also Read: How to get a loan on fairmoney

How to pay back C24 Loan

C24 make use of automatic deduction, which automatically deducts your loan balance on it's due date. But you can also choose to repay your loans via any of they following ways:

• Cheaques.
• Standing order/instruction.
• Point of sale terminal.

Repay via any of these C24 loan account numbers

Serial No. - Account name - Account no. - Bank

1. C24 limited - 0224847512 - GTbank.

2. C24 limited - 1014459477 - Zenith Bank.

3. C24 limited - 3290557011 - FCMB.

4. C24 limited - 5620052306 - Fidelity Bank.

4. C24 limited - 2029762400 - First Bank.

6. C24 limited - 0021403032 - Stanbic IBTC.

Penalties for C24 Loan Defaulters

C24 will charge you 1% instalment fee for each day of default. If the default passes 30 days, more stringent measures may applied such as:

• Reporting defaulters to his/her employer.
• Reporting defaulters to the national credit bureau (NCB).

Also Read: How to get a loan on Carbon (Beginners Guide)

C24 Loan Contact Details

For more information, please contact C24 Customer care service at +2349090897471; +2349090896919.

Or

You can send C24 a mail at contact@c24.com.ng

Working Hours:

8:00AM - 5:00PM

Working Days:

Monday - Fridays

Head Office

4 Adenubi Close Off Majekodunmi Street, Off Allen Avenue, Ikeja, Lagos.

Conclusion

C24 loan ensure that all the personal informations you choose to share with them are secured and can never be revealed to any third party. Unless in the case of you being reported to the national credit bureau for defaulting of loans.