Products

Everything you need to know about our products

Loan Products

GPL TYRIAN

Features
  • Target market : Contractor / SME's/Individuals.
  • Maximum amount under this scheme is N1,000,000
  • Maximum Tenor is one (1) Month
  • Security: Pledged Vehicle / Automobile acceptable to the company with FSV of 150% of the value of the loan or Suitable Member Guarantor that has savings which is either up to or 120% of the loan amount.
  • Eligibility : Reputable Individuals / SME’s
  • Interest rate: 8.5% monthly on Reducing balance basis.
  • Commitment Fee: 1% of facility amount, or N5, 000 whichever is higher

GPL ROSE

Features
  • Target market : Staff of selected Blue chip companies and Top 5 most respected banks.
  • Maximum amount under this scheme is N350,000
  • Maximum Tenor is three (3) months.
  • Security: Customer and Guarantor's cheques
  • Eligibility : Reputable Individuals / SME’s
  • Interest rate: 10% monthly on Reducing balance basis.
  • Commitment Fee: 1% of facility amount, or N5, 000 whichever is higher

GPL CRIMSON

Features
  • Target market : Contractors,SME’s/Individuals.
  • Maximum amount under this scheme is N500,000
  • Maximum Tenor is three (3) months.
  • Security: Customer and Guarantor's cheques
  • Eligibility : Reputable Individuals / SME’s
  • Interest rate: 9% monthly on Reducing balance basis.
  • Commitment Fee: 1% of facility amount, or N5, 000 whichever is higher

GPL ROYAL

Features
  • Target market : Workers with verifiable salary account.
  • Maximum amount under this scheme is N350,000
  • Maximum Tenor is one (1) month.
  • Security: Customer and Guarantor's cheques
  • Eligibility : Reputable Individuals with salary account
  • Interest rate: 11% monthly on Reducing balance basis.
  • Commitment Fee: 1% of facility amount, or N5, 000 whichever is higher

Loan Requirements

What you will need.
  • Employment/Confirmation Letter
  • Work Identity card (Original to be sighted)
  • Utility Bill
  • Postdated Cheques (for customer)
  • Duly completed Loan Application Form.
  • Duly executed Guarantors form.
  • Signed Guarantors ID card
  • 1 Postdated Cheques(for Guarantor )
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