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Loan Products

Explore our Vast Range of Loan products with Lowest interest rates and a convenient Repayment options

salary advance

Salary Advance

This loan module is mostly suitable for Salary Earners. It's a monthly Loan Plan in which loan gets deducted from the customers'accounts as soon as their salaries get paid.

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salary advance

Group Loan

This loan module is suitable for group of professionals, Artisans, organization or a body.
Read more to view the requirements of this loan product.

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salary advance

Micro Loan

Explore micro loan product. Expand and grow your business with micro loan at a low and stress free interest rate.

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salary advance

Payroll Loan

A Loan product for Federal/State Government workers whose salaries are being paid through Integrated Personnel and Payroll Information System (IPPIS).

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salary advance

Payday Loan

Payday loan is strictly for salary earners in both private and public organizations. The organization must be reputable and not on IPPIS.

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corporative

Cooperative Societies Loan

This loan module is designed for cooperative societies.

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View all Loan Products and Services

We Collaborate with Business owners in helping them achieve their Business growth

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FAQs

How do I open an acount with SEAP MFB?

Click here to download account opening form. Send the filled form to accountopening@seapmfb.com

Do you need an ATM Card?

Every account opened with us comes with an ATM card for you to carry out your online transactions.

Make a request for an ATM card in any of our branches.

Where is your bank located?

We are state licensed Microfinance bank. Currently with 3 branches in Oyo State.

2 in Ibadan (Yemetu and Challenge area), and a Branch in Okeho.

Blog Section

Join Interesting Conversations on our Blog that would improve your Banking Knowledge and Experience

CREDIT HISTORY

In this post, the Bank's Acting Managing Director talked extensively on credit history, how it affects people's access to loan, and why its of importance to keep a good one.

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  • AUTHOR

    Gbenga ogunleke

MONEY MANAGEMENT

In this post, our Finance Department talks extensively on money, its right use and management.

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  • AUTHOR

    Choice Aruehi

COMPLIANCE

In this post, our Information Technology Department enlightens the general public on basic security measures to help customers protect their Bank accounts.

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  • AUTHOR

    Onukogu Stanley

Meet our Amiable Directors.

chairman

Dr. Olatunde Oladokun

Chairman, SEAPMFB

PROFILE

B.A (History); PhD (Finance & Corporate Management). Member, Nigerian Institute of Management. World-Bank Trained Microfinance specialist, Business strategist & visionary, & successful serial entrepreneur with about 25 years’ microfinance experience starting from stint at FADU (Farmers’ Development Union) Critically Acclaimed Advocate of poverty alleviation & self-empowerment

Board member

Dr. Obisesan Francis

Board Member

PROFILE

HND (Accounting); BSc. (Bank./Fin.); MSc. (Finance), PhD. (Finance). Fellow, Chartered Institute of Bankers in Nigeria (FCIBN) and Member, Nigerian Institute of Management (MNIM) with over 2 decades’ experience in banking, accounting and Management. He's a Board Room Strategist Academic Researcher with flair for Finance/Accounting.

chairman

Prof. Adepoju Feyi Grace

Board Member

PROFILE

MBBS (Summa Cum Laude). Fellow, West African College of Surgeons (FWACS) and Member, Nigerian Institute of Management (MNIM). She's an Empowerment–minded Medic, Board Room Strategist, Change Management Expert & Business Ethics Advocate. She is an Academic, Researcher & Widely Published & cited Scholar.

board member

Barr. (Mrs.) Duro-Lawal Rasheedat Abiola

Board Member

PROFILE

L.L.B (Law), B.L (Law). Member, Nigerian Bar Association (N.B.A) with extensive knowledge in corporate legal matters. She's a Board Room Strategist and a Pioneer Company Secretary.

board member

Dr. (Mrs.) Omotesho Kemi Funmilayo

Board Member

PROFILE

BSc. (Agric. Ext.), MSc, MBA, PhD. Fellow, Chartered Institute of Bankers in Nigeria (FCIBN) with over 12 years’ experience in commercial banks. She's an Academic Researcher with Expertise in Credit Analysis.

Board member

Mr. Dare Oluseyi

Board Member

PROFILE

MBA/MA (Human Resource Management). Member, Project Management Institute (PMI) USA and Nigeria. Member, Chartered Institute of Project Management (CIPM) Ghana, Member Charted Institute of Personnel Management (CIPM), and an Associate member of the Institute of Chartered Economist of Nigeria (ICEN).

chairman

Dr. Isola Olusola Olajide

Board Member

PROFILE

BSc. (Mass. Comm.), MA (Comm.), PhD. Board Room Strategist, Advocate for the empowerment of economically disadvantaged and an Accomplished Scholar.

WHY SEAPMFB?

Low Interest Rates

On all modules, we charge low interest rates.

Flexible Repayment Plans

On all modules, we charge low interest rates.

Loan Varieties

We have varieties of Loans that suits your earnings and income.

Excellent Customer Service

Our Customer service representatives are here to serve you with courtesy and a zeal to have your problems solved.

Management Team

Our Management Team are highly trained Field expects with Aptute banking experience.

  • Mr. Ogunleke Olugbenga

    ACTING MD
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  • Barr. Onukogu Okechukwu Stanley

    HEAD, LEGAL & COMPLIANCE
    L.L.B(Law), B.L (Law)
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  • Mr. Alagbe Rotimi Babatunde

    HEAD, RISK MANAGEMENT
    B.Sc.(Ed) Economics, ASM, MCIB, PMP, CCNA
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  • Mr. Ajani Olushola Charles

    BRANCH MANAGER (HEAD OFFICE BRANCH YEMETU, IBADAN)
    B.Tech. (Urban & Reg. Planning)
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  • Mr. Ojo Johnson Olusayo

    BRANCH MANAGER, CHALLENGE BRANCH
    HND (Acct.), BSc. (Bus. Mgt.)
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  • Mr. Adeoye Ademola

    HEAD, INTERNAL CONTROL & AUDIT
    HND (Banking/Finance), BSc. (Economics), MBA (Accounting)
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  • Mr. Omilaju Adedotun

    HEAD, RECOVERY
    HND. (Banking/Finance), PGD. (Econs. –In view)
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  • Mrs. Aruehi Choice

    HEAD, HEAD, FINANCE & ACCOUNTS
    BSc. (Accounting), Dip. (Accounting)
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  • Mr. Yemi Oyenuga

    HEAD, INFORMATION TECHNOLOGY
    BSc. (CSC & Accounting), MBA (Tech. Mgt), ITIL, CCNA, MCP, AISM (Fellow), NCS (Member)
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  • Oyewole Gbenga Tosin

    HEAD, OPERATIONS
    BSc. (CSC), PMP, ITIL, CIBN
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Aprroved

Licensed and Insured

SEAP MFB is licensed and regulated by the federal Government and respective regulatory bodies in the banking sector.