Rosabon Financial Loan Requirements shows that Submitting completed Know Your Customer (KYC) forms along with a passport photograph is another common requirement for obtaining a loan from Rosabon Financial Services.
Introduction
Rosabon Financial is a renowned loan agency located in Lagos, Nigeria. They are known for their reliable loan services, catering to both individuals and businesses.
Unlike some other agencies, Rosabon does not have a mobile app for loan applications; instead, borrowers need to visit their office in person.
This personal touch ensures that customers receive personalized assistance throughout the loan process.
One of the key features of Rosabon Financial is their flexibility in loan offerings.
They provide both collateral and non-collateral loans, accommodating a wide range of financial situations.
Whether someone has assets to secure a loan or not, Rosabon is willing to assist.
Rosabon Financial has earned a solid reputation for helping numerous individuals and businesses achieve their financial goals.
They offer various types of loans, including business loans and salary loans. This diversity allows them to support both entrepreneurs looking to expand their ventures and employees seeking financial assistance.
Their commitment to excellence is further highlighted by their recognition from prominent financial regulatory bodies in Nigeria, such as the Nigerian Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN).
This recognition adds an extra layer of trust and credibility to their services, assuring borrowers that they are dealing with a reputable institution.
In summary, Rosabon Financial stands out in Lagos for its dedication to providing accessible and flexible loan options.
Their personalized approach, diverse loan offerings, and recognition from regulatory authorities make them a reliable choice for anyone in need of financial assistance in the region.
| Key Requirements |
| Utility Bill |
| Passports for KYC |
| Bank Statements |
| Letter of employment |
History and overview
Rosabon Financial Services was founded in 2018 by Chukwuma Ochonogor with a simple mission: to provide financial assistance to individuals and businesses in Nigeria.
Their headquarters is situated at 32 Montgomery Rd, Yaba, Lagos 101245, Lagos, and they’ve expanded their presence to Abuja, Lagos, and Port Harcourt, ensuring their services reach a broader audience across the country.
What sets Rosabon apart is their diverse range of loan options tailored to suit different needs. Whether it’s a business looking to expand or an individual facing unexpected expenses, Rosabon offers flexible solutions to address various financial requirements.
While they have a website for information and contact, larger loan inquiries are encouraged to be discussed directly with their team, allowing for personalized assistance.
Rosabon is recognized for its capability to provide substantial loan amounts, with the capacity to lend up to N100 million.
This demonstrates their commitment to supporting ambitious projects and significant financial endeavors. Additionally, they prioritize integrity and professionalism in all their interactions, earning them a reputation as a trustworthy institution in Nigeria’s financial sector.
Throughout their journey, Rosabon has remained dedicated to their core values of reliability and customer satisfaction. By consistently delivering on their promises and building strong relationships with clients, they have established themselves as a reliable and dependable source of financial assistance.
Whether it’s helping businesses thrive or individuals achieve their goals, Rosabon Financial Services continues to make a positive impact on the lives of many Nigerians.
Requirements
- KYC Details
Submitting completed Know Your Customer (KYC) forms along with a passport photograph is another common requirement for obtaining a loan from Rosabon Financial Services.
KYC forms typically gather essential information about the borrower, such as their full name, address, date of birth, and other identifying details.
The passport photograph helps verify the borrower’s identity and ensures that the information provided in the KYC forms is accurate.
Additionally, it helps Rosabon comply with regulatory requirements and prevent identity theft or fraud.
By submitting completed KYC forms with a passport photograph, borrowers demonstrate their commitment to providing accurate information and complying with the necessary documentation requirements.
This helps streamline the loan application process and facilitates quicker approval and disbursement of funds, ultimately allowing borrowers to access the financial assistance they need from Rosabon Financial Services.
- Proof of Address
Providing a utility bill showing the current place of residence, which is not older than three months, is another common requirement for obtaining a loan from Rosabon Financial Services.
Utility bills such as electricity, water, or gas bills serve as proof of the borrower’s residential address and help confirm their current living arrangements.
By requesting a utility bill no older than three months, Rosabon ensures that the information provided is up-to-date and reflects the borrower’s current situation.
This requirement helps verify the borrower’s contact details and ensures that they can be reached easily throughout the loan application and repayment process.
Submitting a recent utility bill demonstrating the current place of residence is crucial for completing the Know Your Customer (KYC) process and meeting regulatory requirements.
It adds an extra layer of security and verification, allowing Rosabon to assess the borrower’s eligibility for the loan and mitigate the risk of fraudulent activity.
- Salary Bank statement
Furnishing a salary bank statement for the last six months is a crucial requirement for individuals seeking a salary loan from Rosabon Financial Services.
This document provides a comprehensive overview of the borrower’s income and financial stability over the past half-year period.
By examining the salary bank statement, Rosabon can assess the borrower’s regular income, spending patterns, and ability to manage finances responsibly.
This helps determine the borrower’s capacity to repay the loan comfortably without facing financial strain.
The six-month timeframe allows Rosabon to evaluate the borrower’s income consistency and stability over a significant period, offering insights into their financial habits and reliability.
It also ensures that the information provided is recent and reflective of the borrower’s current financial situation.
- Letter of employment
Submitting a letter of employment is often required when applying for a loan from Rosabon Financial Services, especially for salary-based loans.
This document serves as official confirmation of the applicant’s employment status, including details such as job title, salary, and duration of employment.
The letter of employment typically comes from the applicant’s employer and is addressed to Rosabon Financial Services. It verifies that the applicant is currently employed, outlines their salary or income, and may include other relevant employment details.