The Holiday loan is an unsecured short-term financing plan that bridges the gap required to fund part expenses for customers looking to embark on a foreign vacation.
- New and existing customers of ProvidusBank are eligible for the ProvidusBank Holiday Loan at a competitive interest rate.
- The maximum loan amount is N5,000,000
- Holiday Loan is in partnership with the bank’s pre-approved airlines and travel agents and the customer has an equity contribution of 30%.
- What is a Holiday Loan? A Holiday loan is an unsecured short-term financing plan that bridges the gap required to fund part expenses for customers looking to embark on a foreign vacation.
- Who is eligible to apply for a Holiday loan?New and existing customers of Providus Bank
- How can I apply for a Holiday Loan?You can apply on the website and fill a request form for review.
- What is the interest rate?Interest rate is 18% p.a subject to market conditions.
- What is the repayment period of the Holiday Loan?6 months, payable monthly
- What is the maximum loan amount?The maximum loan amount is N5,000,000
- What documents do I need to provide while applying for a Holiday loan?Your 6-months bank statements and travel itinerary
- Do I need to provide any collateral for a Holiday loan?No
- Can I use any Airline or Travel Agent?Holiday Loan is in partnership with the bank’s pre-approved airlines and travel agents.
- Do I get a notification of my application being successful or rejected?Yes, you would get a prompt notification on the status of your application.
- What is the equity contribution?30%
- How can I contact the team for more enquiries?Enquiries can be directed to our email address: Holidayloan@providusbank.com
Chat with us on WhatsApp at 09153933333, Call us on 070077684387
Enquiries can be directed to our email address Holidayloan@providusbank.com
