How Can I Get Loan From Zenith Bank Without Collateral | Get A Loan Now

How Can I Get Loan From Zenith Bank Without Collateral; to be eligible for loans offered by Zenith Bank without collateral you have to hold an account with the bank first of all. with a Zenith bank account you have chances of getting some loan services from the bank even when you do not have a collateral. You will find out to go about it in this article.

In both personal and professional settings, there may be times when we find ourselves in a position where we need a little more money, or a lot more money, than we now possess in order to accomplish certain urgent monetary objectives. The loan products offer at Zenith Bank serve as a backup plan to help you get the finances that you require.

Whether you are looking for a personal loan to buy a house or go on vacation, or a structured credit facility to achieve mission-critical business goals, Zenith bank is able to offer custom loan solutions to all of your cash-flow challenges. These solutions can take the form of either a personal loan or a structured credit facility and even loans without collateral.

Zenith Bank Loan without Collateral

A credit facility known as the Zenith bank salary advance is made available by Zenith Bank. The interest rate attached to this credit facility is relatively modest. They will lend the borrower up to sixty percent of their monthly income at an interest rate of less than five percent and provide an option for simple payback.

People who are in need of financial assistance but are unable to obtain traditional loans due to one cause or another may be eligible for one of Zenith Bank’s quick cash loans. These loans do not need borrowers to put up collateral, and they are offered by Zenith Bank.

You can also use Zenith bank USSD code to get a loan from them without collateral.

How to go get a zenith bank loan using USSD code: How Can I Get Loan From Zenith Bank Without Collateral

In order to apply for the loan by utilizing the USSD code, you will need to follow the requirements that are listed below:

  • To begin, enter the code *966*00# into your telephone.
  • You are going to be asked to key in the final four digits that are located on the front of your ATM card.
  • You would be able to see your name displayed across the screen so that the identity could be confirmed.
  • To use USSD banking, you will need to generate a pin that is associated with your account.
  • Verify the PIN by typing it out once more for confirmation.

Requirements for a Zenith bank loan without collateral

The following requirements need to be satisfied in order to qualify for a loan from Zenith Bank without collateral:

  1. You will not be permitted to proceed without a Zenith Bank account.
  2. Your wages and allowances are required to be put into the account that you have established with Zenith Bank.
  3. A customer must be at least 18 years old and no more than 60 years old in order to submit an application for a loan through Zenith Bank.
  4. In order to be eligible for a loan from Zenith Bank, you need to have a monthly salary that is at least N50,000.
  5. It is required that there be no outstanding loan debts with either Zenith Bank or any other bank.

Some Zenith Bank Loans you can get without collateral

The actualization of ideas that have the potential to radically alter our environment typically calls for enormous sums of financial investment. Zenith bank loans have never come across an idea that they were unable to give birth to. Here are some of the loans offered by Zenith Bank without collateral

SME SUB-KD/SUB-Dealer Finance Scheme

The SME Sub-KD/Sub-Dealer Finance Scheme gives companies the opportunity to gain access to working capital for the purpose of purchasing inventory from Key Distributors of major FMCG brands. This allows companies to achieve their sales goals, boost the volume of their business, and meet other expansion requirements.

The repayment period for this loan ranges from 12 to 24 months. The maximum amount of the loan is 5 Million Nigerian Naira.


  • Key Distributors that are broken down into their constituent Sub-KDs
  • Sub-KDs with an average turnover of at least N50 million over the course of six months.


  • Provisions, Boulangerie, and Patisserie
  • Beauty, Style, and Fashion
  • Wellness and Exercise


Zenith Bank offers customers flexible repayment options that take the customer’s cash flow from sales and collections into account.

Education Loan : How Can I Get Loan From Zenith Bank Without Collateral

Zenith Bank education loan program is meant to give short-term finance to help parents and guardians to pay tuition fees for their children and wards. Because education is the foundation of social and economic progress, that’s why education loan program was created by Zenith bank.


  • The minimum amount required for the facility is N100,000.
  • The facility’s maximum allowable quantity is N5,000,000.
  • The child’s or ward’s school will receive payment in full for their tuition and fees directly.
  • Junior High has a maximum lease term of three months, and Senior High has a maximum lease term of nine months (Tertiary Institution)


  • Application Form That Is Totally Filled Out
  • The parent or legal guardian is required to have a salary account with the financial institution.
  • A bank account for the child or ward is an absolute requirement.
    Invoice for the school fees and tuition

Creative Industry Financing Initiative (CIFI)

A Creative Industry Financing Initiative (CIFI) fund has been developed by the Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee, as a part of efforts to boost job creation in Nigeria, particularly among the youth. This is being done as part of the efforts to boost job creation in Nigeria.

Eligible activities/businesses

Student loans available in the fields of Fashion Information Technology Movie Production Movie Distribution Music Software Engineering

A Condensed Version of the Terms and Conditions Relating to the Scheme

Fashion \ Facility

Amount: based on project demand
Tenure: between one and ten years
Pricing will be 9% per year.

Infrastructure for Information Technology

Amount: Dependent on project demand
Tenure: between one and ten years
Pricing will be 9% per year.

Film production facility.

Amount: Up to 30,000,000
Tenure: between one and ten years
Pricing will be 9% per year.

Movie Distribution Facility.

Amount: Up to N500 million
Tenure: between one and ten years
Pricing will be 9% per year.

Music \ Facility: How Can I Get Loan From Zenith Bank Without Collateral

Amount: Dependent on project demand
Tenure: between one and ten years
Pricing will be 9% per year.

Students Majoring in Software Engineering

Amount: Up to N3 Million in Financial Aid
Tenure: up to three years at a time
Pricing will be 9% per year.

Required Documents in Order to Make a Payment

Letter of Acceptance, Business Plan, and Resolution from the Board of Directors (if corporate)

Apply for a Zenith Bank Loan Now

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