Stanbic IBTC EZ Cash Loan is a personal loan product designed for customers looking for instant access to funds. With this loan, you can borrow from ₦50,000 up to ₦10 million, making it suitable for a range of financial needs. As an independent reviewer, I found the process streamlined and convenient.

The loan comes with a fixed monthly interest rate of 4%. You are allowed to spread your repayment over up to 24 months, making it easier to manage monthly expenses. There is no need for collateral, and approval can be received within minutes.

How to Apply for Stanbic IBTC EZ Cash Loan

1. Ensure you have an active, salaried Stanbic IBTC Bank account for at least 6 months.
2. Confirm your age is between 18 and 59 with no dud cheque history.
3. Access the application through Stanbic’s online platform, mobile app, internet banking, or by dialing USSD *909*44#.
4. Submit your application and await instant approval.
5. Once approved, receive funds directly into your bank account.

Pros of Stanbic IBTC EZ Cash Loan

The application process is incredibly quick and entirely digital, letting you apply from home or on the go. No collateral is required, which is a major benefit for most applicants.

You can access up to ₦10 million and enjoy a long repayment term of up to 24 months, giving you flexibility to repay at a comfortable pace.

Cons of Stanbic IBTC EZ Cash Loan

The loan is only available to individuals with a salaried Stanbic IBTC account active for at least 6 months, limiting access for new customers or non-account holders.

The monthly interest rate of 4% can add up if you take a long repayment term, and certain management fees apply in addition to VAT.

Our Verdict

Stanbic IBTC EZ Cash Loan stands out for its convenience, speed, and lack of collateral requirements. Its flexible repayment plans and swift disbursement make it a strong option for those in need of quick personal loans. However, eligibility restrictions and costs should be considered before applying.