Simple, transparent pricing for every community
Choose your plan
Starter
- Up to 5 loan applications per month
- Basic savings account
- Mobile money transfers
- Community support via WhatsApp
- Financial literacy resources
Community
- Unlimited loan applications
- Priority loan processing (24-48 hours)
- High-yield savings account (up to 8% APY)
- Free transfers within MicroBank network
- Dedicated account manager
- Group savings & cooperative tools
Business
- Everything in Community
- Business loans up to ₦500,000
- Invoice financing & trade credit
- Multi-user access for your team
- Advanced analytics & reporting
- API access for integrations
- Phone & email support
Pricing questions, answered
No hidden charges, no fine print. Here's exactly how our pricing, loans, and fees work—so you can bank with confidence.
What happens if I upgrade mid-month?
We prorate to the day. You pay only the difference for the rest of the month, and your renewal date stays the same. Downgrading takes effect at the start of your next billing cycle.
Can I get a refund if I cancel?
Yes—every paid plan comes with a 30-day money-back guarantee. After that, monthly plans are non-refundable, but you keep access until the end of your billing period.
Are there fees for loan applications?
No application fees, ever. We charge a simple, transparent interest rate on approved loans (starting at 2.5% per month), disclosed upfront before you accept.
Do you charge for transfers?
Transfers within the MicroBank Lagos network are always free. External bank transfers cost ₦50 each on Starter, and are free on Community and Business plans.
Can cooperatives and savings groups use one account?
Absolutely. Community and Business plans include group savings tools, multi-user access, and shared dashboards—perfect for cooperatives, thrift societies, and small business teams.
How do I pay—card, bank transfer, or cash?
All three. Pay by debit card, bank transfer, or visit any of our agent locations across Lagos to pay in cash. We'll send a receipt and update your account instantly.
Transaction fees
Loan interest
External bank transfer
Cash withdrawal at agent
ATM withdrawal
Account maintenance
Late loan payment
Love it in 30 days, or pay nothing
Try any paid plan risk-free. If MicroBank Lagos isn't the right fit within your first 30 days, contact us and we'll refund every naira—no forms, no calls, no questions asked.
Read the full guarantee terms