Paramilitary Loans

Lets serve you so can focus on serving others.

Our Paramilitary loan offers competitive rates and flexible payment terms for the unique challenges of service personnel.

How to get a Paramilitary Loan

Let’s help you meet those important financial needs.

Apply for a loan

Make a request for a personal loan from your unique dashboard.

Doc Review & Underwriting

Fill out our KYC form to determine your eligibility.

Get Funded

After verification, funds will be disbursed to your bank account.


You are our call of duty.

Our personal loans are up to N4.5 million or more.

12 Months repayment plan with low interest rates.

Quick personal loans without collaterals.

Quick emergency loans without guarantors.

No account opening.

No long queues.

Insurance on all collateral-free quick Loans.

To be eligible you must…

Have a staff Identification card

Live and or work in Lagos State.

Be between 22 and 58 years old.

Possess a clean Credit Bureau Report.

Not have a history of returned cheques in your account.

Possess a verifiable monthly income and pension statement

Run an account (Current or Savings) with a commercial Bank in Nigeria.

Present one recent passport photograph (within the last 6 months)

Possess a valid Proof of Identification (current ECOWAS Passport, National Identification, Driver’s License or Voters ID)

Present NUBAN Cheque leaves for the duration of Loan/Activated direct debit mandate

Have a salary bank statement for the last 3 months (must be stamped by the bank). Your bank can send it directly to us at

Send a letter of Employment, Confirmation, Promotion, Redeployment, Salary Increase OR Introduction Letter from Employer’s HR to CREDITDIRECT

Frequently asked questions

Got a question about our loans, how quick we disburse, or looking for other financial products?

1. Work with the Federal Paramilitary
2. Provide a passport photograph
3. Staff identification card
4. Bank Verification Number (BVN)
5. 3 Months Stamped Recent Bank Statement
6. 1 recent Payslip
7. Completed Loan Agreement Form (LAF) with properly executed terms and conditions overleaf.

Requirements for returning customers is as follows:
1. Completed Loan Agreement Form (LAF) with properly executed terms and conditions overleaf.
2. 1 recent pay-slip / 1 months Bank Statement

Top-up requirements:
1. Duly Completed LAF
2. 1 recent pay-slip / 1 months Bank Statement

18 years & 3 months in service.​

59years (Paramilitary), 64 years (Educational) & 34 years Length in Service.

 Minimum amount is N20,000 while maximum amount you can access is N2,500,000 (higher amounts would require 2 MCC approval)

Yes, you must be a paid government worker in the paramiliatry or educational sector.

Yes, we require a Credit Check for our State Loans

No, you can apply for a loan via:

1. Website –
2. Visit to our office – 48/50, Isaac John Street, Ikeja GRA
3. Dial USSD code – *5120#
4. Telephone – 0700creditdirect, 014482225
5. Whatsapp – 09070309430

3.85% terms and conditions apply

Yes, you can top-up your existing PSB Loan once you have made:

1. 2 months repayments on your existing 3 – 5 months loan,
2. 3 months repayment on your existing 6-8 months loan,
3. 4 months repayment on your existing 9 – 12 months loan and
4. 6 months repayment on any loan from 12 months and above.

You can contact any of our Direct Sales Executives or Walk into any of our branches.

No, you would be unable to change your repayment due date. You can send the Termination Letter to for further investigation and review on a possible Loan Restructing or Payment Holiday/Deferment Pan.

You will get an SMS or Email confirming that the funds have been disbursed into your salary account. If funds are not credited to your account within 24hrs, please send an email to

Yes you can and the interest for the unused months would be waived off.

Our interest rate is computed on a flat rate basis and charged monthly.

There are no hidden charges, however, we only charge an upfront service fee which is a one-off payment before the loan is disbursed to your account.

Bank: FCMB
Account No:0238850014


Yes you can.

Yes, immediately after your loan application or before disbursement is done

Not to worry, a refund will be processed to your account in less than 24hours. You can also call 014482225 or send an email to

Please send an email to or call 014482225 or chat us on WhatsApp on 09070309430.

 There are no pre-liquidation charges

Please call the Contact Centre on 014482225 or send us an email: You can also chat with us via our website: or via WhatsApp: 09070309430 (our business hours are from 8am to 5pm, Mondays through Fridays).

Paramilitary loans are loans that are given to members of the Service arm and their families. These loans are typically aimed at helping them meet their needs as they serve the nation.

Some of the benefits of paramilitary loans include lower interest rates, longer repayment terms, and higher loan amounts. These loans can also be used to consolidate debt or pay for unexpected expenses.

To qualify for a paramilitary loan, you must be a member of the armed forces or a family member of someone who is. You will also need to have a good credit score and a steady income.

View More Q&A Here

Ready to get started?

Start your journey to financial freedom today.

Contact us today

Call now

Visit a branch near you

Find a Location

The number one non-bank digitally-led lender that provides financial solutions to millions of customers.

Contact Us

Phone: 02014482225

Phone: 02017005120


Address: 48/50 Isaac John Street, GRA, Ikeja, Lagos, Nigeria.

Whatsapp: 09070309430

Copyright © Credit Direct Finance Company Limited. Authorized and regulated by CBN.