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All Your Questions Answered – Keystone Personal Loans

Looking for a reliable financial solution to cover your immediate expenses or fund a significant purchase? Keystone Bank, a leading financial institution in Nigeria, presents an array of financial products and services tailored to meet the diverse needs of its customers. In this guide, we'll delve into the specifics of the Keystone Bank personal loan, addressing all your pressing inquiries about Keystone bank personal loans, from eligibility criteria to the Keystone bank code and loan disbursement methods.

Keystone Bank is a full-service commercial bank currently owned by Sigma Golf Riverbank Consortium. It was granted a banking license in 2011, by the Central Bank of Nigeria (CBN) after it assumed the deposit liabilities and certain other liabilities and assets of former Bank PHB.

Keystone Personal Loans

With Keystone Personal Loans, employees can access up to N10 million subject to their monthly income. The loan has a payback period of up to 36 months.


  1. 1 passport photograph.
  2. 6 months’ salary account bank statement.
  3. Valid ID for each signatory (International Passport, National Driver's license, National ID Card).
  4. Proof of Address.
  5. Employment Letter.

FAQs About Keystone Personal Loans

What are Keystone Personal Loans?

Keystone Personal Loans are unsecured loans that you can use for any purpose, such as debt consolidation, home improvement, medical expenses, education, or travel.

What is the minimum and maximum loan amount I can borrow with Keystone Personal Loans?

The minimum amount you can borrow with KeystonePersonalLoansisN100,000 while the maximum amount is N10 million. Loan amounts depend on factors like your income, creditworthiness, and repayment capacity.

What is the loan tenure or repayment period for Keystone Personal Loans?

The loan tenure or repayment period for a Keystone Personal Loan is 12 months.

What is the interest rate for Keystone Personal Loans in Nigeria?

Keystone Personal Loans are offered at a monthly interest rate of 3%.

Do I need collateral to secure a Keystone Personal Loan?

You do not need collateral to secure a Keystone Personal Loan. Loans are given based on your creditworthiness and ability to repay.

What are the eligibility criteria for Keystone Personal Loans in Nigeria?

Eligibility criteria may include factors such as age, income level, employment status, and credit history. Meeting these criteria is essential to qualify for a Keystone Personal Loan.

You must also have a steady source of income and a low debt-to-income ratio.

What is the USSD Code to take out a loan from Keystone Bank?

The Keystone Bank code is *7111#.

How long does it take to get loan approval for Keystone Personal Loans?

Loan approval times range from minutes to about 24 hours from when the loan application was submitted.

What documents do I need to apply for a Keystone Personal Loan in Nigeria?

The required documents can include proof of identity, proof of income, bank statements, and other documents that verify your financial standing.

How is the loan disbursed with Keystone Personal Loans?

Loan disbursement typically is in the form of a lump sum directly deposited into your bank account.

How do I make payments for a Keystone Personal Loan?

You can make payments for a Keystone Personal Loan by direct deposit, via the app, or by automatic withdrawal from your bank account.

You’re free to choose the payment method that is most convenient for you. You can also pay more than the minimum amount or pay off your loan early without any penalty.

How to Apply for a Keystone Personal Loan on nairaCompare

1. Click on ‘Keystone Bank

2. Read through the information on the product page to get more details about the product.

3. Click on ‘Apply’ to begin the application process.

4. Fill in your personal details.

5. Submit your application form for review and processing.

6. After successfully reviewing your application, you will receive an email notification confirming your application.

Before applying for a loan, it is important to compare options in order to select a loan that’s best suited to your needs and circumstance. nairaCompare has a wide range of loan options you can compare and choose from.

Visit nairaCompare and start comparing the Keystone bank personal loans to loans from other trusted providers!

keystone bank code
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More about the Keystone Personal Loan

The Keystone Personal Loan requires the borrower to domicile their salary account with the bank.

Visit nairaCompare to learn more about the Keystone Personal Loan as well as other loans and investment options.

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