Term Loan

Turn your aspirations into reality

With our flexible terms, competitive rates, and convenient repayment options, you can access the funds you need when you need them.

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Key Features

Why Choose COOPLAG Term Loan?

The COOPLAG Term Loan gives you the financial support to achieve your goals whether you're acquiring landed property, supporting your family's educational aspirations, financing a major project, investing in your future, addressing important financial commitments, or meeting urgent financial needs.

01
Maximum Loan Amount

Up to ₦50 Million subject to 5 times your savings.

02
Flexible Repayment Tenure

Up to 96 months.

03
Competitive Rates & Top-Ups

Competitive interest rates with a top-up option available for existing loans, subject to eligibility.

04
Transparent & Accessible

No hidden charges, No collateral required.

*Terms and conditions apply.

Get Started

Simple 4-Step Process

01

Complete Form

Complete Term loan application form

02

Verification

Your application undergoes an eligibility review to confirm that you meet the requirements for the loan facility.

03

Application Approval

Upon successful eligibility verification, your application is processed and approved.

04

Funds Disbursed

The approved funds are credited directly to your bank account.

Learn How the Loan Works

Understand your repayments, terms, and options with our loan calculator.

Calculate Your Loan
Information Desk

Frequently Asked Questions

Get Answers to Common Questions About Term Loan

  • What is the maximum amount I can borrow?
    You can access up to ₦50 Million subject to 5 times your savings.
  • How long do I have to repay the loan?
    You can enjoy a flexible repayment tenure of up to 96 months.
  • Do I need to provide collateral?
    No, the COOPLAG Term loan requires no collateral, however you are required to provide a guarantor or a withness depending on the amount you are borrowing.
  • Can I top up my existing loan?
    Yes, you can top up an existing loan, subject to meeting the applicable eligibility requirements and approval criteria.
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