LEASE FINANCE / HIRE PURHCASE
Our hire purchase finance is suitable for both individuals interested in purchasing assets for their homes such as TV, Generator, Cooker, Refridgerator, Freezer, Inverters etc. You can apply online 24hrs and the process is very simple, convenient and straight forward.
Product Features
- Purchase assets up to the value of N500,000
- Competitive interest rates
- Low Processing & Admin fee
- Asset will be insured by Cornerstone Insurance
- Maximum loan term of 6 months
- Repayment via direct debit or post dated cheques
- Very quick turn around, we aim to turn around applications within 3 working days.
Requirements
- Staff ID card
- Postdated cheques
- 1 recent passport photo
- Must have a clean Credit record
- Invoice of the asset to be purchased if not supplied by MKOBO
- Proof of employment (Letter of Employement or Confirmation Letter
- Proof of home address in the form a utility bill dated within last 3 months.
- Most recent 6 months bank statements with official stamp of the bank.
- Valid official ID (Passport, Drivers License, National ID or Voters Card)
- Suitable Guarantor to guarantee the facility
- The asset purchased will be used as collateral for the facility
Responsible Lending
As a responsible lender we promote financial inclusion and take reasonable steps to ensure the following;
- The amount of credit requested by the Customer is easily repayable from their monthly income.
- We take into account any other loans or debt the borrower may already have.
- We will also consider the purpose of the loan.
- Validate and provide information available on the Customer to the relevant Credit bureau agencies
- Incorporate foreseeable changes in the Customer’s situation into our lending model
Our aim is to help Employees meet short term emergency needs who are under served by the Commercial banks, by providing affordable and accessible loans.
How To Apply
- Call us on 0700 000 65626 | 081 425 28301 | 0908 0640 4444
- You can also email us at info@mkobo.com.ng
- Once we receive your fully completed application and documents we will process your application immediately.
- Offer letter will be sent to you once approved stating clearly the payment plan.
- Asset will be purchased by MKOBO and delivered directly to you.
For more information or to discuss your requirements with us contact us on 0700 000 65626, or email us at info@mkobo.com.ng