Stanbic IBTC Salary Advance in Nigeria: Tap N20,000 Fast with Revolving, 12-Month Repayment

Quick overview of Stanbic IBTC Salary Advance

Stanbic IBTC Salary Advance gives Nigerian workers instant access to N20,000 through a revolving facility that fits monthly payroll cycles. The product is built for staff who need short-term liquidity without jumping through too many hoops.

With up to 12 months to repay and a simple re-access rule — repay at least 15% and you can draw again — this Salary Advance keeps cashflow steady for routine expenses or sudden bills. It’s a familiar, practical option for staff paid into a Stanbic IBTC salary account.

How the revolving feature benefits you

The revolving nature of Stanbic IBTC Salary Advance means you don’t need to reapply every time you need funds; once approved, the facility stays available as you use and repay it. That’s ideal for monthly cycles or recurring needs like school fees, utility bills, or unexpected repairs.

Because you can reaccess funds after a partial repayment, the product helps you avoid expensive short-term borrowing from informal sources. For many customers in Lagos, Abuja and beyond, this creates predictable budgeting with no wahala when short-term cash is tight.

Eligibility and simple application routes

To qualify for Stanbic IBTC Salary Advance you must have your salary paid into a Stanbic IBTC account, earn at least N40,000 monthly, and be on the job for a minimum of six months. Age limits typically apply and contract staff must be engaged by approved employers.

Applying is straightforward: visit a branch, call the customer care line, or use Stanbic IBTC internet banking. Documents are minimal since Stanbic IBTC verifies salary flow directly, so approved customers often get funds fast into their Naira account.

Repayment terms, fees and customer support

Repayments are spread over up to 12 months with monthly instalments aligned to your payroll, making the Salary Advance manageable within your monthly budget. The minimum repayment threshold to reaccess funds is 15% of the outstanding balance.

Stanbic IBTC provides clear disclosure of interest and fees at application and has branches across Nigeria for face-to-face support. Use online banking or visit your local branch in Lagos, Port Harcourt or Kano for help tracking payments and managing the revolving facility.