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Nairaland Forum / Nairaland / General / Business / How To Apply For Access Bank #50 BILLION All4one Recovery Program 2020 (833 Views)
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How To Apply For Access Bank #50 BILLION All4one Recovery Program 2020 by adekalumichael: 2:29pm On Oct 29, 2020 |
[Are you aware of the ongoing #50BN Interest free loan rolled out by Access Bank Plc under the[b] #All4One Recovery Program[/b] initiative for communities, micro, small and medium scale businesses and youths as a way to restore people and businesses to their normal life after the recent civil unrest, looting and vandalisation? . WHO CAN APPLY: 1-Any citizen of Nigeria from 18 years+ 2-Micro, small or medium scale business. 3-Corporate/Large business. HOW TO APPLY: 1-Get pictures of your vandalise business as evidence 2-Get the cost and value of your vandalise business 3-Back it up with a formal application letter 4-Visit the nearest branch to obtain the form FEATURES OF THE LOAN 1- Non-Interest Loan 2-Tenor of up to 24 months 3-Moratorium period of upto 6 months (where required) TERMS AND CONDITIONS 1-Available to Access Bank Customers and Non-Customers 2-Application closes in February 3-Application does not guarantee selection FAQ ACCESS BANK -N-50,000,000,000 + 0% INTEREST 1-What is the #All4one recovery program about? Ans: The #All4one Recovery Program is an interest-free Initiative loan intervention by Access Bank to support businesses that have been directly affected by the nationwide civil unrest, resulting in business loss. 2-Who is eligible for the loan? Ans: Eligible participants under the Fund: Large Corporate and MSMEs directly affected by the nationwide civil unrest, whose businesses suffered losses. 3-What is the tenor for the loan? Ans: Maximum Tenor of 24 Months (6 months moratorium inclusive where required) 4-What is the interest rate of the product? Ans: The Fund is interest free 4- Do I have to be a customer or have an account with Access bank before I could benefit from this initiative? Ans: No, a non-customer can also benefit from this initiative if they are willing to open an account with the bank and meet the requirements 5- What is the moratorium period for this initiative? Ans: Yes, maximum of 6 months moratorium. 6. How does one apply for the loan? Ans: You can apply for the loan by contacting an Account Officer, Contact Centre or by visiting any Access Bank branch close to you. You can also drop your details on the website and you will be contacted by one of the Relationship Officers. 7- What are the documents required for the loan? Ans: Picture evidencing the vandalization which will be accompanied with details of the lost/vandalised items and the value Formal application letter . Source:[url] https://www.youtube.com/watch?v=KQf6jBB6qDc[/url] |
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