Get 80% of Your Salary Upfront within 24 hours of applying.
The Refuge Salary Advance Scheme (SALAD) offers you the needed funds to meet your urgent personal financial obligations such as house rent, school fees, hospital bills, traveling expenses, burial expenses, etc. You have control over the spending.
Time is of the essence, as we know you might want to use funds for emergencies. The money is disbursed within a few hours of applying for the loan, without much paperwork, helping you navigate unforeseen circumstances with ease.
Convenience and Flexibility
We have made this stress-free, flexible, and convenient for you. You can choose the amount that suits your needs and you decide how to spend the advanced funds, allowing you to prioritise your needs and pay when you are paid.
Responsible Borrowing
Unlike traditional loans, SALAD avoids the burden of high interest rates and long repayment terms. You only repay a portion of your upcoming salary, promoting responsible borrowing and preventing debt accumulation.
More Beneficial Products
Household Enhancement Facility (RHEF)
Access up to N10m for motor vehicles or up to N2M for home appliances at competitive rates with the Refuge Household Enhancement Facility (RHEF).
Refuge Finance for Professionals (REF-P) is a risk asset product for individual professionals. It is meant to create a strong bond between the clients and the bank through support and financing.
This product helps finance renovations and upgrades on residential and business premises. It can equally be accessed to enhance the interior of individual residences. This includes the acquisition of household items.
