Instant Loans

As with everything else on ALAT, you can now apply for a loan without a paper work, no visitation to any physical location and response time between acceptance of offer and loan disbursement is in minutes. You can borrow as much asN200,000 (Two hundred thousand naira) without any collateral.


How it Works

  • Login to ALAT or sign-up if you have not
  • From the menu items, click on ‘’Loans’’
  • Read through and understands ALAT disclaimer
  • Upon successful credit evaluation and checks a loan offer is presented with duration and applicable interest based on users current risk score
  • Read through and accept the Terms & Conditions which will contain consent to having your account debited for repayment at loan due date andprovide your debit card details to be debited
  • Your account will be immediately credited.


Paying back your loan

  • At the pay back date if loan is still outstanding your will get a repayment notification after which your account will be automatically debited
  • Customer gets repayment notification
  • You may also wish to repay the loan before payback date from the Bills Payment option on the menu
  • For more information, please follow this link to our Frequently Asked Questions.