Stanbic EZ Cash – Apply For Instant Loan in Nigeria

Stanbic IBTC Bank, one of Nigeria’s most innovative player in the financial industry is offering its customers instant loan of up to 4 million Naira through its EZ Cash loan offers.

If you’re in need of a quick loan to buy a new phone, home appliances or you even need money for the big stuffs like weddings, paying school fees, or Medical bills, Stanbic IBTC EZ Cash loan has got you covered with an offer ranging from N20,000 to N4 million in instant loans.

And there’s more, this short term loan comes at a ridiculous 2.5% interest rate a month. For instance you borrowed one hundred thousand naira to meet you immediate short-term needs, your interest at the end of the month will be only two thousand five hundred naira!

How to apply for Stanbic IBTC EZ Cash

EZ Cash via Website:

You can apply for this loan via the online portal, the major advantage of this method is the website has a loan calculator that you can use to determine how much interest you will pay before applying

  • -Visit the Stanbic IBTC bank EZ Cash portal
  • -Input your account number
  • -Enter your registered phone number, as it is on your BVN and click Get Started
  • *An OTP (One time Password) will be sent to your registered line
  • -Respond with the secret OTP and proceed
  • -Provide correct responses to the following prompts

EZ Cash via USSD Code

For those who don’t have access to the internet, they can still get a loan via USSD code.
For direct access to Stanbic IBTC Ez Cash, the code is *909*44# on their registered line. After dialing this, just make sure to follow the prompts as fast as you can as the code times out in seconds.

How do I qualify for the EZ Cash Loan?

The eligibility criteria for EZ Cash loan is actually quite basic, you should have Stanbic IBTC bank account for obvious reasons, your account should have been active for at least a year before the date you applied for the loan, you must be older than 18 years old and younger than 60 years old, your account must be clean, that is you shouldn’t have any dud-cheque (bounced cheque) complaint on your account.
Here are these criteria further explained:

Your account must be a Stanbic IBTC current account: the bank uses your transaction history to calculate the loan limit you would be eligible for. More transactions on your account will qualify you for higher limits. Or better still, if your account is a salary account, the bank can more accurately determine your income and offer you the best loan you can repay easily.
Your account must be at least a year old from the date of opening: this will lend some credibility to your account history, and it will also assure the bank that you’re not just there to take their money and disappear.
You must be between 18 years old and 59 years old: this is considered as the working age group and the age you’re mostly likely to earn your own money. If you’re under the age of 18, you’re most likely still living with your parents and don’t have a source of income yet. Similarly, if you’re 59 and above you probably would have retired and not have a regular day job.
You must have a clean dud-cheque (bounced cheque) record: this would prove your integrity, having a clean record that shows that you’ve never committed fraud before is a good indicator that you will not commit fraud in the future
Your credit reports (CRMS & CRC) must be marked as clean: with the introduction of BVN, the credits of Nigerians can now be viewed and evaluated more easily, a clean credit report means you do not have any outstanding loan that you haven’t paid with any lender on your BVN.

FAQ these FAQs were selected from the Stanbic IBTC website, Read the full version here

How much can I borrow?
EZ Cash offers loans ranging from N20,000 to N4 million, but you can borrow any amount within the limit advised to you during your application.
What happens if I only spend part of the money I borrowed?
In the event you withdraw money to an amount less than the sum initially borrowed, interest charges will only apply to the amount withdrawn.
When is the Interest taken from my account?
Interest payment for the amount borrowed is taken at the end of the month.
What are the charges/fees?
Management fee of 1% on the amount borrowed
Value Added Tax (VAT) of 0.05% on the amount borrowed
Insurance fee of 0.35% on the amount borrowed
What is the longest time I can borrow for on the Stanbic EZ Cash?
EZ cash offers short-term loans ranging between 1 – 12months.
What are the factors that affect my loan limit?
As mentioned earlier, your loan limit will depend on your average monthly income and the monthly loan repayments on existing loans (if any)
What is the EZ Cash interest rate?
Interest is accrued daily on loan outstanding balance and debited monthly and is already part of the monthly repayment to be made by the client. The interest rate is 2.5% monthly, 15% for 6months and 30% for 12 months.

How do I contact Stanbic IBTC EZ Cash loans?
To do this, contact your personal account manager or the customer care on 0700 909 909 909. You can also send an email to
Can i pay off the EZ cash term loan before the end of tenure and access full limit again after paying off?

Answer: Yes, you can pay off your loan before the end of tenure. You will be able to access another EZ Cash loan within 30 days of repayment


A writer! Columnist and an academic researcher


  1. Am eligible for ez loan before and I apply for it but my bvn is not correct but now my bvn is correct and am not eligible again why

    1. Maybe you have outstanding loan from other lenders. Continue making transaction and clear any outstanding loan you might have with other lenders.

  2. I am a salarian I have been receiving EZ loan for quiet some time my topup loan amounted to 18:646 naira that was since June the loan is 172 naira or so since may EZ cash have been making withdrawal of 10;400 naira in my every month salary and still the loan amount is 172 and the topup loan is still, 18646 till now I want to make a topup loan but the I couldn’t because the amount is below 20:000 when I meet with the Stanbic bank customer service he told me that the fult is from the system only the EZ management can update it for me I spoke with the EZ management on line they promised to rectify the problem still to no avail I need to make a topup loan this month so please EZ management help me out

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