ALAT GOAL BASED LOAN

What is a goal-based loan?
It is a short-term financing package designed to meet the financial needs of customers with existing goals on ALAT.  
Mon, 15 Feb, 2021 at 8:24 AM
How do I get a goal-based loan?
Simply log in to the ALAT app, click on the loan icon and apply.
Mon, 15 Feb, 2021 at 8:25 AM
How do I qualify for a goal-based loan?
You are eligible to apply if you have up to NGN100,000 or more in your goal savings.  
Mon, 15 Feb, 2021 at 8:25 AM
How long can I get it for?
Maximum period of 12months. 
Mon, 15 Feb, 2021 at 8:25 AM
What is the interest rate on the loan?
 Interest is 13.13% p.a. 
Mon, 15 Feb, 2021 at 8:25 AM
What is the maximum amount available?
The maximum amount is 80% of existing goal savings. 
Mon, 15 Feb, 2021 at 8:25 AM
What is a loan top-up?
Loan top-up is a feature that allows you borrow a certain amount of money over your existing loan. 
Mon, 15 Feb, 2021 at 8:26 AM
How do I top up on loans?
Simply log in to the ALAT app, click on the loan icon and you will see the “top up” button on the dashboard of your existing loan. However, this feature onl...
Mon, 15 Feb, 2021 at 8:26 AM
Can I top up without a goal-based loan?
No, you cannot top up without an existing goal-based loan. 
Mon, 15 Feb, 2021 at 8:26 AM
What is the maximum amount I can top up with?
The maximum amount is 80% of existing goal savings. 
Mon, 15 Feb, 2021 at 8:26 AM