Basic Saver
₦0 /mo
- ✓ Free savings account
- ✓ Mobile banking app
- ✓ Basic financial literacy resources
- ✓ Community support
Banking That Empowers Lagos Communities
Access instant loans, build savings, and grow your business with digital microfinance designed for you.
Why Lagos Trusts MicroBank
- Licensed by CBN MicroBank Lagos is fully licensed and regulated by the Central Bank of Nigeria, ensuring your deposits are safe and your transactions are secure. We meet all regulatory standards for microfinance institutions.
- Instant Loan Approval Get loan decisions in minutes, not days. Our smart approval system evaluates your application instantly, and funds are disbursed directly to your account within hours—no long queues or paperwork.
- Community-Focused Banking We understand Lagos communities. Our loan officers speak your language, understand your business, and are committed to helping local entrepreneurs and families achieve their financial goals.
- No Hidden Fees Complete transparency in all our charges. Every fee is clearly stated upfront—no surprises, no hidden costs. You'll always know exactly what you're paying for and why.
- 24/7 Mobile Access Bank anytime, anywhere with our mobile app. Check balances, transfer money, apply for loans, and manage your savings—all from your smartphone, even outside banking hours.
Banking Features Built for You
Access quick loans from ₦5,000 to ₦500,000 with flexible repayment terms. Our AI-powered credit assessment gives you instant approval decisions, and funds hit your account within 2 hours. Perfect for emergencies, business inventory, or school fees.
Grow your money with up to 12% annual interest on savings accounts. Set automatic savings goals, create multiple savings pockets for different purposes, and watch your balance grow. No minimum balance required to start earning interest.
Send money to any Nigerian bank account instantly with zero transfer fees. Pay bills, buy airtime, and send money to friends and family—all without worrying about transaction charges eating into your funds.
How It Works
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01
Download the App
Get MicroBank from the App Store or Google Play. The app is free, lightweight, and works on any smartphone. Installation takes less than a minute.
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02
Create Your Account
Sign up with your phone number and BVN. We'll verify your identity securely in minutes. No need to visit a branch or fill out endless paperwork.
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03
Choose Your Service
Apply for an instant loan, open a savings account, or set up automatic transfers. Our dashboard makes it easy to see all your options and pick what fits your needs.
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04
Get Instant Approval
Most loan applications are approved within 5 minutes. We use smart technology to assess your eligibility fairly and quickly, so you're never left waiting.
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05
Receive Your Funds
Money is sent directly to your mobile wallet or bank account. Start using your loan or watch your savings grow—all from the palm of your hand.
Interactive Product Tour
Explore the MicroBank Lagos App
See how easy it is to manage your money, apply for loans, and track your savings—all in one powerful app.
PROJECT · Q3
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Everything your team is shipping, in one view.
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Syncing changes
Quick Loan Application
Apply for a loan in under 3 minutes. Just enter the amount you need, select your repayment period, and submit. Get instant approval decisions.
Real-Time Balance
See your account balance, savings progress, and loan status update instantly. All your financial information in one clear dashboard.
Bill Payments
Pay electricity, water, cable TV, and other bills directly from the app. Set up recurring payments so you never miss a due date.
Savings Goals
Create multiple savings pockets for different goals—rent, school fees, emergencies. Track your progress and automate monthly contributions.
Transaction History
View complete records of all your transactions, loan repayments, and interest earned. Download statements anytime you need them.
Flexible Plans
Simple, Transparent Pricing
Choose the plan that fits your financial goals. No hidden fees, no surprises.
Save 15% with annual membership
Smart Borrower
₦500 /mo
- ✓ Everything in Basic Saver
- ✓ Instant loans up to ₦50,000
- ✓ 0.5% monthly interest rate
- ✓ Flexible repayment terms
- ✓ Priority customer support
- ✓ Credit score building
Business Growth
₦2,000 /mo
- ✓ Everything in Smart Borrower
- ✓ Business loans up to ₦500,000
- ✓ Dedicated account manager
- ✓ Business financial planning
- ✓ Invoice financing
- ✓ Group savings options
Our Impact in Numbers
Active Customers
50,000+
Loans Disbursed
₦2.5B
Customer Satisfaction
98.5%
Average Loan Processing
2 Hours
Savings Interest Rate
12%
Customer Support
24/7
Stories from Our Customers
MicroBank gave me my first business loan when traditional banks turned me away. The application took 10 minutes and I had the money the same day. This changed everything for my family.
I love the savings feature. Every week, a small amount goes into my account automatically. After one year, I had enough to buy equipment for my workshop. It's like magic!
The customer service team speaks Yoruba and Igbo, which made me feel comfortable asking questions. They explained everything clearly and never made me feel rushed.
No hidden fees, no surprises. MicroBank tells you exactly what you'll pay from day one. That honesty is rare and I appreciate it deeply.
I was skeptical about mobile banking at first, but the app is so simple. My teenage daughter helped me set it up and now I manage everything from my phone.
MicroBank invested in my future when no one else would. The education loan helped me get certified and now I'm building a career I'm proud of.
See How Much You Can Save with MicroBank
The assumptions
- You borrow ₦50,000 for your business every quarter
- Traditional lenders charge 15% monthly interest
- MicroBank charges just 5% monthly interest with no hidden fees
- You save ₦5,000 per month in interest payments
Projected savings
₦60,000
per year in lower interest costs
Illustration only. Figures are based on median borrowing patterns from our Lagos customer base in 2024. Your actual savings depend on loan amount, frequency, and repayment schedule.
Ready to Transform Your Financial Future?
Join thousands of Lagos residents who are building wealth, accessing credit, and achieving their dreams with MicroBank Lagos. Open your account in minutes and get instant access to loans, savings tools, and a community that supports your success.