Daylight Microfinance Bank Limited was incorporated in 2015 as a regulated Microfinance Bank by the Central Bank of Nigeria (CBN) and also insured by Nigeria Deposit Insurance Corporation (NDIC). The Bank is a subsidiary of NNPC Cooperative Multi-Purpose Cooperative Society.
With a vast saving and investment suite of products, Daylight provides many different loan plans to users in Lagos. It’s micro-finance personal loans feature options ranging from micro loans (less than ₦500,000), Group Loans, Asset Acquisition Loans, Instant Loans, Settlement Loans, Salary Advances, Festival Loans.
General requirements include:
- Needs 2 guarantors,
- Account opening form
- 2 Passport–sized photographs of the account holders and Parent/Guardian
- Satisfactory evidence of identity(Driver’s License, National ID, Voter’s Card, Sworn Affidavit, Int. Passport, Tax Clearance)
- Completed Reference Forms
- Utility Bills
- Indemnity Letter
