How much can I borrow from Carbon for the first time?

Read all about how much can I borrow from Carbon from the first time.

Carbon is a credit led digital bank offering modern banking services to Africans, carbon is licensed by the central bank of Nigeria and insured by the Nigeria deposit insurance corporation (NDIC).

Carbon also offers personal and business loans with little or no collateral and a very attractive interest rate.

To get started on Carbon, all you have to do is download the app and register by providing all the required details.

If you want to know how much you can borrow from Carbon for the first time, then you will need to continue reading this post.

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Let’s get into it then…

Read my post on what happens if I don’t pay carbon loan 

About Carbon?

Carbon is a credit led digital bank offering modern banking services to Africans, carbon is licensed by the central bank of Nigeria and insured by the Nigeria deposit insurance corporation (NDIC).

Carbon also offers personal and business loans with little or no collateral and a very attractive interest rate.

How much can I borrow from Carbon for the first time?

Carbon allows you to get loans up to 1 million naira and above. When you register on the Carbon loan up, the amount that you will be eligible to get will depend on your credit history.

When you borrow for the first time, you can get anywhere from 30,000 naira to 200,000 naira depending on your previous loan history.

If you repay your loans on time, you will have access to even higher amounts on the second time, third time, fourth time etc.

For the second time, you can get up to 400,000 naira

For the third time, you can get up to 600,000 naira

For the fourth time, you can get up to 800,000 naira

If you repay all your loans on time, you can access up to 1 million naira and above.

Carbon customer care

You can contact Carbon customer care via the following channels:

https://facebook.com/getcarbon

Tweets by get_carbon

https://instagram.com/getcarbon

Conclusion

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