Skip to content

Salary Advance

Get part of your pay before payday.

Draw up to 50% of your monthly salary at 2.5% a month, repaid automatically when you are paid.

Check my limitSee all rates

2.5%a month, repaid on payday

2.5%
a month, flat
50%
of your monthly salary
Same day
to your account
1–3
months to repay

Work it out

See exactly what it will cost

Every charge included, and the total you repay is the big number — not the monthly one.

Hundred thousands

One hundred and fifty thousand naira

Over how long?

Total repayable

₦153,750

over 1 month, at 2.5% a month

Amount you receive
₦149,250
Monthly repayment
₦153,750
Interest
₦3,750
Management fee, once
₦750
Total cost of borrowing
₦4,500

Flat monthly interest on the amount you draw, plus a one-off 0.5% management fee. Repayment is taken from your salary on the day it is paid.

Apply for this loan

Borrowing ₦150,000 from Salary Advance over 1 month costs ₦4,500 in total, repaid at ₦153,750 a month, ₦153,750 repayable altogether.

How it works

How Salary Advance works

Four steps at the most, and none of them involves a branch.

  1. 1

    Check your employer is on the scheme

    Your salary has to be paid through us or through a payroll partner. The app tells you in one screen.

  2. 2

    Draw what you need

    Up to half your monthly salary. No application, no approval wait — the limit is already set.

  3. 3

    It repays itself on payday

    The amount comes out of your salary the day it lands. Nothing to remember and nothing to transfer.

In the app

This is Salary Advance, as you will actually see it

Not a screenshot. Everything in this phone is the same code the app is built from, drawn live in your browser.

Get the appCheck my limit

Savings-Backed Loan

Still to repay
₦218,400
Next repayment₦54,600
Due1 September
2 of 6 repayments made
You borrowed₦300,000
Interest, 6 months at 3.5%₦63,000
Management fee₦3,000
Total repayable₦363,000
Savings held as security₦428,571
Still earning22% a year

What you need

  • Your salary is paid into a Citadele account, or your employer is on our payroll scheme.
  • Three consecutive salary payments received.
  • No advance currently outstanding.

Every deposit with us is insured by the NDIC. You do not apply for that cover and you are not charged for it.

Check my limit

Rates and limits

1 and 2 month advance
Flat, on the amount drawn
2.5% a month
3 month advance
Flat, on the amount drawn
2.8% a month
Maximum
50% of monthly salary
Minimum
₦10,000

What it costs

Management fee
Of the amount, once, taken at drawdown
0.5%
Repaying early
Remaining interest is cancelled
Free
Late repayment
On the overdue amount only
1% a month

Questions

The things people ask before they start

If yours is not here, call us on the number at the bottom of this page and a person will answer.

Not this one — it works because repayment comes straight out of the salary. Ask your HR or accounts team to talk to us; adding an employer takes about a week and costs them nothing. In the meantime a Savings-Backed Loan needs no employer at all.

Tell us and we will move it onto a normal repayment schedule at the same rate. Nothing is called in and no penalty is added.

People also look at

Savings-Backed Loan

Borrow against what you have saved without breaking it.

3.5%a month, and your savings keep earning

Learn more about Savings-Backed Loan

Everyday Account

Keep your money where it earns, and spend from it when you need to.

₦0to open, and no monthly fee

Learn more about Everyday Account

Flex Savings

Save today, withdraw tomorrow. No notice, no penalty.

12%a year, and you can still reach it

Learn more about Flex Savings

Licensed by the CBN · Deposits insured by NDIC

Find out what you can borrow in four minutes.

Your BVN, a photo of your ID and a selfie. No branch, no forms, no minimum deposit.

Check my limitTalk to someone first