Frequently Asked Questions
Registered with the Corporate Affairs Commission, and operating in compliance with Financial Regulatory and Law Enforcement Agencies Guidelines, Dillions Global is managed by experts on the conscious premise of development and growth inclusiveness and remains the hallmark instrument of her customers.
Learn more >How can I become a customer?
By opening account with us through any of our platforms.
Is my BVN required for registration?
No
Who is eligible to be customer?
Any progressive mind, regardless of age, religion, political and socio-cultural differences is eligible to be a customer.
Must I visit the office before I become registered?
No, you can also register through a staff, agent or our e-channels like website, mobile application etc.
what do I need to submit during registration?
Is account opening free?
It depends on the type of account you want to open.
Who are the owners of Dillions Global?
All active individual and corporate customer organizations.
Who is a referral?
A person or group of persons who consciously or unconsciously introduces people that eventually registers into the system.
What are the benefits of a referral?
- Earns incentive, commission and bonuses eg. 100% account registration fees of such customer or customers that joins Dillions Global courtesy of you.
- Earns 10% of supposed 100% ROI of such fresh investor as had been introduced to Dillions Global Value Services by you.
Is Dillions Global legally registered?
Yes, with state Corporate Affairs Commission, and other relevant regulatory bodies.
Do I have to revalidate my account from time to time?
You need to ensure your account is always active by keeping it operational.
Is saving compulsory?
Yes, to all customers .
Which Savings package gives more advantage?
All our savings packages depending on the required benefit.
What is the interest rate on Dillions Global Savings packages?
Varies on the product.
What is a Savings circle?
The duration or period by which a package is subscribed and is to last until its maturity or disbursement date.
What is due disbursement?
Due disbursement is the amount that returns to a customer after a Savings or Investment term elapses.
How long can I save?
For as long as you desire and depending on the product benefit where need be.
What is a Savings default?
A fine (penalty) that a saver is mandated to pay for failing to save for a particular period.
How much is Dillions Global weekly Savings default?
It varies on the product where necessary
Are other charges required apart from account registration fee and Savings default fine?
Yes, Service charge.
What is service charge?
An administrative cost placed on each account at every end of a financial circle.
How much is Dillions Global Service charge?
It depends on the product.
Are charges placed on premature disbursements?
Yes, 10% of total amount in such Account.
Does Dillions Global Accounts accommodate mid-term withdrawals?
Yes
How long does one get paid using premature disbursement instrument?
Can one spread his or her savings?
Yes
Can I make deposits through the mobile applications?
How long does it take to have access to your funds after Account maturity?
7 working days
Can I do a Savings schedule through my bank account?
Yes, by direct authorization to debit my bank account through my bank card.
Can I make deposits outside the country?
Yes
Why must I save weekly?
Until the habit of Saving becomes a culture, if not, you are no close to creating Financial independence.
Am I limited to having just few Accounts with Dillions Global?
No, you can operate as many Accounts as possible at all times.
Is Savings fixed for a particular day or time?
No.
Can I swipe packages randomly?
Will my credit history affect my ability to get the best loan rates?
Yes, the better your credit rating the more likely you are to get the lowest interest rates on your loan. For those with a bad credit profile, the higher interest rates reflect the increased risk on the part of the creditors in lending you money.
Why is interest higher for short term loans?
Interest rates are generally higher on shorter term loans, as there are increased administration costs in setting up the loan.
Can I still borrow money with a poor credit rating?
Yes, you should still be able to borrow money if you have a bad credit rating, but will likely be subjected to higher interest rates and scrutiny.
How likely am I to be accepted for a loan?
This will depend entirely upon the nature of your loan request and your credit history. There are loans out there for everyone though, and so it is unlikely that you will not be accepted for any loans at all.
Will I need to secure a loan against my property?
Yes, we accept collaterals for loan.
What purposes can I obtain a loan for?
- Starting or expanding an existing business
What if my financial circumstances change during a loan term?
If your financial circumstances improve, you will be able to pay your loan off early, or arrange to change your payment plan in some way. You will need to discuss details of this with your creditors.
Can I access a loan without been a registered customer?
No you must be a duly registered customer of Dillions Global
How long can I process a loan with Dillions Global?
When satisfactorily approved
Do I need collateral to obtain a loan?
Yes
What is Dillions Global loan repayment schedule?
Our loans are repaid on monthly basis
Can partners (couples) surety each other for a loan facility?
No
What are the pre-qualifications to obtaining a loan?
You must saved with us
Can I swipe collateral while I have not offset my pending loan?
Yes, provided its value is suitable for the outstanding balance
What categories of people does Dillions Global issue loans to?
People of verified means of income, good reputation with trace courage for debt servicing
Can I get card from my account?
Yes
Can the card be used to make purchases online?
Yes