• High Net worth Individuals (HNIs)
• Confirmed employees of structured and credible organizations (e.g. Staff of Banks, Oil & Gas, Insurance, Audit Firm, Aviation, Maritime, Conglomerates, Communications etc)

• Domiciliation of Salary for at least three (3) months
• Salary and terminal benefits domiciliation form to be executed by the employers in favour of the Bank
• Salary account which will serve as Loan settlement account must be a classic current account

• Sterling Recurring Deposit Account (SRDA)
• Sterling Choice Account

• ATM
• SMS Alert
• Mobile Banking
• Internet Banking

This product is available to everyone with a monthly income statement for salary account holders only, if in paid employment and highly loyal customers of the Bank, if self-employed

• High Net worth Individuals (HNIs)
• Confirmed employees of structured and credible organizations (e.g. Staff of Banks, Oil & Gas, Insurance, Audit Firm, Aviation, Maritime, Conglomerates, Communications etc)
• Self – employed professionals (e.g. Practising Doctors, Accountants, Lawyers, Architect etc)

• Minimum of three (3) months active banking relationship
• Domiciliation of Salary for at least three (3) months
• A Letter of Domiciliation of salary, allowances and terminal benefits to be written by the employers in favour of the Bank
• 3rd Party Guarantor
• Tangible security required for loan amount above N1million
• Salary account which will serve as Loan settlement account must be a classic current account
• Customer must achieve a minimum credit score of 60%
• Customer’s Debt Service Coverage Ratio (DSCR) should not exceed 33.33% (i.e. loan installment divided by income)

• Sterling Choice Account
• I CAN SAVE
• Sterling Recurring Deposit Account (SRDA)

• ATM
• SMS Alert
• Mobile Banking
• Internet Banking

This product is available to everyone with a monthly income statement for salary account holders only, if in paid employment and highly loyal customers of the Bank or self-employed.

This product could be used to pay school fees to local and offshore educational institutions

• High Net worth Individuals (HNIs)
• Confirmed employees of structured and credible organizations (e.g. Staff of Banks, Oil & Gas, Insurance, Audit Firm, Aviation, Maritime, Conglomerates, Communications etc)
• Self – employed professionals (e.g. Practising Doctors, Accountants, Lawyers, Architect etc)

• Minimum of three (3) months active banking relationship
• Domiciliation of Salary for at least three (3) months
• A Letter of Domiciliation of salary, allowances and terminal benefits to be written by the employers in favour of the Bank
• Life Insurance policy
• Salary account which will serve as Loan settlement account must be a classic current account
• Customer must achieve a minimum credit score of 60%
• Customer’s Debt Service Coverage Ratio (DSCR) should not exceed 33.33% (i.e. loan installment divided by income)  

• Sterling Choice Account
• I CAN SAVE
• Sterling Recurring Deposit Account (SRDA)
• Education Plan Account

• ATM
• SMS Alert
• Mobile Banking
• Internet Banking

This product is available to everyone with a monthly income statement. This product is designed purposely to finance the purchase of brand new cars only

• High Net worth Individuals (HNIs)
• Confirmed employees of structured and credible organizations (e.g. Staff of Banks, Oil & Gas, Insurance, Audit Firm, Aviation, Maritime, Conglomerates, Communications etc)
• Self – employed professionals (e.g. Practising Doctors, Accountants, Lawyers, Architect etc)

• Minimum of three (3) months active banking relationship
• Loan settlement account must be a classic current account
• Customer must achieve a minimum credit score of 60%
• Customer’s Debt Service Coverage Ratio (DSCR) should not exceed 33.33% (i.e. loan installment divided by income)
• Upfront payment of equity contribution, upfront fees and insurance premium where applicable (i.e. before disbursement) 
• Upfront submission of post-dated cheques for the loan instalments, subsequent insurance renewal premium(s) throughout the loan tenor and periodic fees

• 48 months

• 80% of the value for new cars (20% contribution)

• Direct payment to vendor
• Tracking device
• Comprehensive insurance
• Partnership with the Bank’s approved car vendors

• Sterling Choice Account
• I CAN SAVE
• Sterling Recurring Deposit Account (SRDA)

• ATM
• SMS Alert
• Mobile Banking
• Internet Banking

• High Net worth Individuals (HNIs)
• Confirmed employees of structured and credible organisations (e.g. Staff of Banks, Oil & Gas, Insurance, Audit Firm, Aviation, Maritime, Conglomerates, Communications etc)
• Self – employed professionals (e.g. Practising Doctors, Accountants, Lawyers, Architect etc)

• Minimum of three (3) months active banking relationship
• Loan settlement account must be a classic current account
• Customer must achieve a minimum credit score of 60%
• Customer’s Debt Service Coverage Ratio (DSCR) should not exceed 33.33% (i.e. loan installment divided by income)
• Upfront payment of equity contribution, upfront fees and insurance premium where applicable (i.e. before disbursement) 
• Upfront submission of post-dated cheques for the loan instalments, subsequent insurance renewal premium(s) throughout the loan tenor and periodic fees

• Direct payment to vendor
• Asset Insurance

• Savings Plus
• Sterling Choice Account
• ATM
• SMS Alert

• Mobile Banking
• Internet Banking

• High Net worth Individuals (HNIs)
• Confirmed employees of structured and credible organizations (e.g. Staff of Banks, Oil & Gas, Insurance, Audit Firm, Aviation, Maritime, Conglomerates, Communications etc)
• Self – employed professionals (e.g. Practising Doctors, Accountants, Lawyers, Architect etc)

• Minimum of three (3) months active banking relationship
• Loan settlement account must be a classic current account
• Customer must achieve a minimum credit score of 60%
• Customer’s Debt Service Coverage Ratio (DSCR) should not exceed 33.33% (i.e. loan installment divided by income)
• Upfront payment of equity contribution, upfront fees and insurance premium where applicable (i.e. before disbursement) 
• Upfront submission of post-dated cheques for the loan instalments, subsequent insurance renewal premium(s) throughout the loan tenor and periodic fees

• Savings Plus
• Sterling Choice Account
• ATM
• SMS Alert

• Mobile Banking
• Internet Banking

• High Net worth Individuals (HNIs)
• Confirmed employees of structured and credible organizations (e.g. Staff of Banks, Oil & Gas, Insurance, Audit Firm, Aviation, Maritime, Conglomerates, Communications etc)
• Self – employed professionals (e.g. Practising Doctors, Accountants, Lawyers, Architect etc)

Only for developed properties in Lagos, Abuja, PH and any other location as approved by Executive Management on case by case basis

• Minimum of three (3) months active banking relationship
• Loan settlement account must be a classic current account
• 6 months recent bank statements and last 3 months payslip
• Vendor’s offer letter
• Valuation reports by the Bank’s appointed valuer
• Clean Search report
• Customer must achieve a minimum credit score of 60%
• Customer’s Debt Service Coverage Ratio (DSCR) should not exceed 33.33% (i.e. loan installment divided by income)
• Upfront payment of equity contribution, upfront fees and insurance premium where applicable (i.e. before disbursement) 
• Upfront submission of post-dated cheques for the loan instalments, subsequent insurance renewal premium(s) throughout the loan tenor and periodic fees

• Competitive Pricing

Other Requirements:

• Savings Plus
• Sterling Choice Account
• ATM
• SMS Alert

• Mobile Banking
• Internet Banking

• Simply log on to the portal link http://www.cosportal.com.ng/webmail and order a laptop
• Undergraduate sponsor/guardian will be notified of the registration via email
• University confirms undergraduates status as its student
• After university confirmation, undergraduate sponsor/guardian is provided a link via which they request a consumer loan from Sterling Bank Plc
• Sterling Bank receives undergraduate sponsor/guardian’s credit application documents and reviews the on a case by case basis
• Sterling Bank approves undergraduate sponsor/guardian’s loan, undergraduate sponsor/guardian is advised via Offer Letter to pay the initial deposit, fees and asset insurance premium.
• The PC vendor, a partner Original Equipment Manufacturer (OEM), initiates the process of delivering the PC requested. During this time, the undergraduate will be updated of:
  • The status of PC bundle procurement;
  • A contact sales person at the office and;
  • An expected delivery date.
• And UNDERGRADUATE GETS HIS/HER PC!

• Simplified Customer’s application form
• Application Letter
• Proforma Invoice from partnering vendor
• Means of Identification (Current School ID)
• Six (6) months Bank Statement & Three (3) Months Pay Slips
• Duly opened individual current account relationship with Sterling Bank Plc with two satisfactorily references, current utility bill and duly executed mandate card.

• Competitive Pricing (Interest Rate - 20%, Processing Fee – 0.25% flat & Management Fees – 1.75% flat)
• 10% Equity Contribution
• 5% Asset Insurance Premium
• Convenient monthly repayment
• Maximum tenor of 12 months

• Swift Credit processing
• Wide spread of delivery outlets
• 24 hours After sales support services readily available through Intel West Africa sales outlets nationwide