First Bank: How to apply for FirstAdvance loan on your phone

To apply for the FirstAdvance,

1. Through FirstMobile App Or
2. USSD CODE-*894*11# or *894#

1. To apply for FirstAdvance on FirstMobile App

• Download the recent FirstMobile App from Google Play Store or Apple Store on your smartphone
• Log on to the FirstMobile App
• Open menu options on the top left-hand side
• Select ‘loans’
• Next, select ‘FirstAdvance’
• Next Menu Option shows your eligible amount and the applicable pricing and fees.
• Next, accept the terms and conditions
• Next, input desired loan amount not more the eligible amount.
• Followed by your transaction pin.
• Successful, loan is disbursed to your salary account within minutes.
• Your account is debited for management fee & VAT, interest rate and insurance as upfront fees and charges.
• Upon receipt of salary or 30 days (whichever comes first) your account is debited for Principal repayment.

2. To Apply using USSD Code how do I apply on it?

• Dial *894# to connect to FirstBank’s USSD Banking, select 3, [Get Loans]
• or *894*11#
• The next menu shows your eligible loan amount
• Input desired amount and send
• Interest rate, management fees and Insurance is displayed
• Input five digit transaction PIN to accept terms and conditions
• Loan is disbursed into your salary account within minutes.
• Your account is debited for management fee, interest rate, insurance and VAT as upfront fees and charges.
• Upon receipt of salary or 30 days (whichever comes first) your account is debited for Principal repayment. 

Loan Information