Personal Loan

About Personal Loan

The Ascensia Personal Loan is a flexible medium-term credit facility designed to empower individuals to meet personal and lifestyle needs with ease. Whether it's funding your child’s education, covering medical expenses, financing a wedding, home improvement, or consolidating debt, Ascensia offers a tailored solution with competitive rates and convenient repayment options.

Eligibility Criteria

✔️ Nigerian citizen or legal resident, aged 22–60 years
✔️ Must be a salaried employee or verified income earner
✔️ Must have a verifiable source of income
✔️ Minimum of 6 months stable employment or business operation
✔️ Active and traceable bank account
✔️ Clean credit record (subject to credit bureau review)

Required Documents

✔️ Valid Means of Identification (National ID, Driver’s License, or International Passport)
✔️ Recent Passport Photograph
✔️ Bank Statement (last 6 months)
✔️ Employment Letter or Proof of Regular Income
✔️ Utility Bill (as proof of address, not older than 3 months)
✔️ Guarantor(s) (may be required depending on loan amount and risk profile)
✔️ BVN (Bank Verification Number)