The back-to-school season can be financially challenging for many families.
The cost of tuition, books, uniforms, and other supplies can quickly add up, causing significant stress. However, FCMB's FastCash digital loan solution aims to alleviate this burden.
With FastCash, parents and guardians can access up to ₦200,000 within minutes directly from their mobile phones. This convenient process, accessible through the FCMB New Mobile app or by dialling *329*11#, ensures that financial needs are met promptly.
"We understand the financial pressure families experience, particularly during the back-to-school period," stated Adetunji Lamidi, FCMB's Divisional Head of Personal Banking. "FastCash is designed to provide immediate relief."
With repayment terms of up to three months, the loan's flexibility allows families to manage their budgets effectively. Moreover, FastCash utilises artificial intelligence to personalise loan offers based on individual repayment capabilities.
FCMB's commitment to financial inclusion is evident in the ₦40 billion disbursed in digital retail loans this year, with FastCash significantly contributing to this figure.
This back-to-school season, FCMB's FastCash empowers families to prioritise their children's education without worrying about financial constraints.
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