Carbon: Mobile Banking & Loans 3.7.5

Access a range of banking services with Carbon, from high-interest savings to instant short-term loans for your urgent financial needs. By opening a Carbon bank account, you can embark on a better financial lifestyle in just minutes.

SPECIAL FEATURES

• Loan amounts range from ₦1,500 to ₦1 million (Nigeria).
• Repayments can be made over a maximum of 64 weeks.
• Interest rates range from 1.75% to 30%, with an equivalent monthly interest rate of 1% to 21%.
• Annual Percentage Rate (APR) varies from 23% to 60.8%. No late fees or processing costs apply.
• Example: For a 3-month loan of ₦50,000, Carbon charges a monthly interest rate of 2%. With an APR of 24.3%, the total repayment amount after 90 days is ₦53,000.
• Tenors are flexible, ranging from 1 month to 6 months, with the option to make early repayments at any point during the tenor.

FREE MONEY TRANSFERS

Transfer funds to any bank at no additional cost, up to 30 times a month. This impressive feature saves our customers ₦1,500 on transfer charges every month.

HIGH-INTEREST SAVINGS

Make the most of your money by creating a savings plan with Carbon. Earn up to 15% interest on your funds when you withdraw.

FLEXIBLE PAYMENTS

Purchase the items you love and need the most and pay for them in small, equal installments with 0% interest.

CASHBACK ON LOANS

Apply for a loan of up to N1 million and receive funds in your account within minutes. When you pay on time, you also receive up to 30% cashback on the interest you paid.

CARD WITH CONTROL

The Carbon Visa card gives you freedom and security. Spend as you please online and offline, and freeze your account from anywhere if you notice any irregular behavior. Set spending limits across different channels.

SKIP THE QUEUES

Request a Visa card with just a tap of a button on your Carbon app, and it will be delivered to your doorstep anywhere in the country.

INSTANT REVERSALS

No need to worry with a Carbon bank account. Experience instant reversals whenever transactions fail to complete.

GET IN TOUCH!

Carbon (formerly Paylater) is provided by One Finance & Investments Limited, a CBN-licensed and regulated finance company. Although we offer a fully automated service, we are always available to assist you through various support channels. We appreciate your feedback and look forward to hearing from you!