Corebank is a digital financial institution that offers financial services to people in Nigeria. Since the advent of digital or mobile banking, many bottlenecks and problems associated with physical banking have been reduced drastically.

Corebank is one of such platforms. And in this article, we shall carefully examine this bank and everything you need to know about it. Be sure to keep reading!

Overview Of Corebank

CoreBank is an arm of Corestep Microfinance Bank. CoreBank is a Fintech platform that offers retail financial services readily to people digitally. Since it began operation in Nigeria, it has recorded over 10K users with a lot of positive reviews.

The main or parent company, Corestep Microfinance Bank, was established in 2009 as a loan agency. Since then, they have proven to be reputable and reliable in offering retail financial services.

How Does CoreBank Work?

CoreBank works like other Fintech platforms. There is a wide range of financial services rendered digitally, which helps to save time for Nigerians.

To enjoy the services of CoreBank, you only need to sign up on their website. This we will explain in one of the subsequent sections of this article.

Services Rendered By CoreBank

We noted earlier that CoreBank is a Fintech platform. This entails that it offers a wide range of retail financial services. Below are the primary services;

  • Receiving and making payment
  • Deposit and investment
  • Loans
  • Advisory services

Receiving And Making Payment

One of the core services of CoreBank is receiving and making payments conveniently anywhere and anytime without stress. With Corebank, you can pay your bills. Bills like cable recharging, utility bills, and others.

Deposit And Investment

Deposit and investment is another feature you can explore as a CoreBank user. You can comfortably fund your wallet digitally and also invest your resources wisely. This service comprises; Coreflex, Savings, Corethrift, and Fixed Deposit.


Aside from making and receiving payments, users of CoreBank can also borrow money from Corebank with a relatively low-interest rate and flexible repayment term.

The loans and overdrafts are not only for individuals; small and medium-sized businesses can also leverage on them to boost and expand their businesses.

Advisory Services

This service is specially designed to guide and advise users on investing and making efficient and wise use of their money. This service includes; Secretariat Services, Association/Cooperatives Management Services, and Financial Advisory.

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What Are The Eligibility Criteria For Registering On CoreBank?

Anyone who has access to a smartphone and internet connection is eligible to register on Corebank. However, if you wish to advance by borrowing loans or getting overdrafts from this Fintech company, you must regularly use the website.

It is left for the bank to let you know when you are eligible for a loan or overdraft. Meanwhile, we shall look at the documents needed for registering on this platform in the next section.

Documents Needed To Register On CoreBank

To register as a user on Corebank, the following documents are required from you;

  • Your basic details, such as name and phone number.
  • Your valid BVN
  • A utility bill. Your current utility bill is preferable.
  • Your CAC. This document is usually required from those who want to open a business account.
  • An active email address.
  • A valid means of identification. The most preferable is a government-issued ID like a voter’s card, NIN, passport, etc.

How To Register On Corebank

Having listed the needed documents for registering on Corebank, we will guide you on how to register in this section.

You can register either through the platform’s website or the mobile app. To register on the website, follow the steps below;

  • Go to the official website of CoreBank
  • Click on “Create Account”
  • Choose the type of account you want to open.
  • For a personal account, your basic details are needed.
  • For a business account, you need to enter accurate business details.
  • You can then explore the platform.

If you want to register using the Corebank mobile app, do these;

  • Go to the Google Play Store
  • Enter “Corebank app” in the search bar.
  • Tap on “Install” to download the app.
  • After downloading the app, feel free to explore the app by following the prompt.

Corebank Customer Care Service and Address Details

If you wish to reach out to Corebank for complaints, questions, or whatever, you can do that through any of the following;

  • Head Office Address: 22/24 Ago Palace Way Okota Isolo Lagos.
  • Phone Number: +234 915 555 6905, +234 915 555 6906, +234 913 883 1511, +234 913 888 1301
  • Email Address:
  • Website:

Frequently Asked Questions

Who owns CoreBank?

CoreBank is a subsidiary of Corestep Microfinance Bank. CoreBank is owned by 33 shareholders with ties to Oklahoma.

What is Corebank all about?

CoreBank is a digital financial service provider in Nigeria. The platform, through its website and mobile app, provides a lot of financial services to its users—services like advisory service, deposit and investment, payment of bills, and also loans.


CoreBank is one digital platform you can count on for premium banking services. The services are top-notch and are worth the try. You can register either on the website or the mobile app. Whichever way, ensure that all documents required are in place.

Feel free to contact CoreBank through any of the means we shared. And if you have questions, we will be in the comments section to give you a swift response.