How To Apply Fidelity Bank NYSC Loan 2024 – Get Up To N100,000

Logopit 1666943538809.webp

Embarking on the National Youth Service Corps (NYSC) journey comes with its financial demands, and Fidelity Bank Plc aims to alleviate these challenges with the Fidelity Bank NYSC Loan.

This specialized financial service is designed exclusively for corps members, offering quick access to funds tailored to their needs.

Whether for personal expenses or PayDay needs, corps members can apply for up to N100,000 through an easy application process, swift approval, and instant disbursement. Here’s everything you need to know about this beneficial offering:

Unique Features of the Fidelity Bank NYSC Loan:

  • Ease of Access: Corps members can easily apply for the loan, ensuring accessibility to financial assistance when needed the most.
  • Swift Processing: The loan application process is fast-tracked, allowing for prompt approval and disbursement of funds.
  • Instant Disbursement: Once approved, funds are immediately deposited into the NYSC bank accounts of the applicants, facilitating quick access to financial resources.
  • Flexible Repayment: Borrowers can repay the loan conveniently, adhering to the specified terms and conditions.

Requirements and Eligibility:

To qualify for the Fidelity NYSC Loan, corps members must meet the following criteria:

  • Be a current member of the National Youth Service Corps.
  • Consent to a credit check and agree to the loan’s Terms & Conditions.

Loan Options Available:

The Fidelity NYSC Loan offers two types of loans:

  1. Personal Loan (up to N100,000):
    • Duration: 10 months
    • Management Fee: 1% charged upfront
    • Insurance Fee: 1% charged upfront
    • Interest Rate: 2% per month
  2. PayDay Loan (up to N100,000):
    • Duration: 30 days
    • Interest and Fees: 1.95%
    • Management Fee: 1.00% flat
    • Credit Life Insurance: 0.25% flat

Both loan options provide:

  • Easy documentation requirements.
  • Quick processing time.
  • Instant disbursement of funds.
  • Self-liquidation option.

Application Process:

Interested corps members can apply for the Fidelity NYSC Loan through the following steps:

  1. Online Application:
  2. Branch Visit:
    • Visit the nearest Fidelity Bank branch.
    • Inquire about the NYSC Loan section or speak with a bank representative.
    • Obtain and complete the NYSC Loan application form.
    • Ensure all required documents, including proof of NYSC service and identification, are available.
    • Submit the application form and documents to the bank.
    • Consent to a credit check and agree to the loan’s Terms & Conditions.
    • Await approval and processing of the application.
    • Upon approval, funds will be deposited directly into the NYSC bank account.


The Fidelity Bank NYSC Loan exemplifies Fidelity Bank Plc’s commitment to supporting the financial aspirations of corps members. With its seamless application process, prompt approval, and efficient disbursement, this tailored financial solution stands as a beacon of convenience for corps members navigating their service year.

By adhering to the loan terms and promptly repaying the borrowed amount, corps members can experience a hassle-free borrowing experience.

Seize the opportunity to access quick funds and embark on a journey of financial empowerment with Fidelity Bank today! Apply now and unlock the potential for financial freedom during your service year.