Loan Amounts on Carbon: How Much Can You Borrow?

How much can I borrow on Carbon?

Carbon offers various loan amounts to its customers based on their account history and other factors, such as credit score, financial history, and repayment capacity. As a new customer, you may be eligible for one of the following loans:

  • Loan 1: ₦30,000 or ₦200,000, depending on whether you meet the low ticket criteria.

  • Loan 2: ₦400,000.

  • Loan 3: ₦600,000.

  • Loan 4: ₦800,000.

For existing customers who have successfully repaid their initial loans, the available loan amounts range up to ₦1,000,000 (Loan 4+). It is important to note that building a positive credit history by repaying your loans on time may increase your borrowing limit.

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