Sofri Car Loan

These loans are suitable for employees interested in buying a car. This includes public and private organizations. The single obligor limit is N5,000,000 and the tenor is up to 60 months (Brand New Cars)
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Get Started With Sofri Car Loan

With Sofri car loan you can get up to 60 months (about 5 years) lease duration anytime you take a loan from Sofri. You must have a good credit score

What you should Know

  • Maximum loan accessible to you - ₦5,000,000
  • Up to 18 Months lease tenor  
  • Loan consolidation will be allowed when a customer has existing loans with other financial institutions with a good repayment history and no negative credit bureau reports.

Why consider Sofri Car Loan?

  • Affordable Rates
  • 2 Hour processing time
  • No hidden charges
  • No collateral required
Apply in one click

How do our loans work?

Apply with just One Click!
To get started, click on the  “Apply Now” button and Select your preferred option.
Loan Selection Option
You will be presented with several loan options to choose from, choose one to proceed.
Loan Application and Submission
Fill the loan application form and submit once completed. You will also need to submit a few documents.

Frequently Asked Questions

Do you give loans? 

Yes. All you need to do is enter the required details and apply for a loan on the go. Our minimum loan amount is N150,000 and the upper limit for a new customer is N5,000,000.  

If I open an account, will I get an atm card? 

Customers can apply for the card by filling out an application form or applying online at the bank's website. All Sofri account holders are eligible for a Sofri Card. 

What do I need to open a Sofri account? 

Be minimum of 18 years old and a Nigerian citizen, an active phone number and email address, a smartphone (iOS/Android) that supports the latest version of the Sofri app. Lastly your BVN and Means of Identification. 

How secure is the Sofri app? 

All security features have been enabled to make your session on the App completely secured. 

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