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  • info@fullrangemfb.com
  • Mon - Fri: 8:00 - 05:00
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Our Banking Services

A valid ID-card, and a minimum balance of N500. You will also enjoy all charge-free mobile banking services (instant fund transfer, bill payment, utility bills, school fees, airtime top-up, balance enquiry)

National ID card, International Passport, Driver’s license, Permanent voter’s card etc. that has not yet expired.

Deposits can be made into our customers account through the following platforms;

  • Correspondent bank from our partner banks
  • Internet banking transfer from all commercial banks in Nigeria.
  • Electronic transfer
  • Merchant Scheme from our partner banks
  • ATM Transfer
  • Through our mobile banking Staffs (deposit Mobilisers)

The interest rate currently is 6% per annum

The interest rate depends on the amount and maturity period and It is open for negotiable.

The minimum tenor is 30days.

Yes, however accrued interest may be charged depending on the type of interest payment chosen.

Interest payments can be paid into your account of choice monthly, quarterly, annually or upon maturity.

Our Loan Products

Our minimum loan amount is N20, 000 and a Maximum amount of N5, 000,000. Both depend on borrower’s repayment capacity assessed based on verifiable business inventory and other criteria.

What we offer are business loans for businesses that are already in existence/operation, Back to School loan, School Aid loans, salary loan and housing/house improvement loans. (Asset Finance)

To access our loan facility;

  • You must have a business
  • The location must be within our bank’s lending area (Oyo state)
  • It must have been in existence within a specific period.

It doesn’t take longer than it ought to as long as the necessary requirements are adequately met (less than 5 working days).

Our interest rate is 4% flat.

Yes, account opening is required before you can get a loan from us at a minimum of N500.

Our interest rate is 4% flat.

Our interest rate is 4% flat.

Yes, account opening is required before you can get a loan from us at a minimum of N500.

A valid ID-card, 2 passports, utility bill and proof of business ownership.

Proof of business ownership can be in form of shop rent receipt, invoices, goods/product receipt etc. (Evidence to show your business have been in existence within the stipulated period).

Yes, at least one guarantor will be required for the loan process.

You must have a physical business location with tangible evidence that you do business and that the business is yours.

Flexible collateral arrangements depending on loan size (household goods, business equipment, goods in stock, vehicles, property etc.)

Accounts and Groups

To open a Regular Savings account, you need to fill out the account opening form, bring 2 recent passport-size photographs, utility bill and a valid means of identification along to FULLRANGE MFB branch at 108, Fajuyi way, Adamasingba, Ibadan or download our Account opening form on this site carefully fill with all necessary document attached while our customers care get in touch with you.

Anybody can operate the account.

You can open Fullrange Savings Account at our office. Our Account Officers will be glad to open one for you.

You locate a Fullrange MFB group around where you live.

No. According to Fullrange MFB’s policy, an Account Officer isn’t allowed to direct you to a group to join.

No Collateral is required except a guarantor

OUR ATM CARD

The Fullrange MFB Debit Card is a payment card that represents an electronic means of withdrawing money from your bank account or making purchases with the money in your bank account. The Fullrange MFB Debit Card can be used on any bank ATMs. It can also be used on POS terminals.

You can use your Fullrange MFB card to pay for goods and services at millions of establishments worldwide. Your card will be accepted at any establishment.

You can withdraw cash on your account from any ATM