How to get a Personal Loan online in Nigeria without visiting any office

Are you trying to get a loan to get a house, car, pay for some fees or are you trying to fund your StartUp? Some businesses fail because they lack access to adequate loan facilities and some of the ones available charge very high-interest rates and request for many documentations.
We have got you covered as we present to you convenient ways to get a loan online.

PAYLATER

How to get a Personal Loan online in Nigeria without visiting any office


All you need to access loans on Paylater is a working Android smartphone, Valid Bank details and a working  data connection
Requirements: Valid bank details and Bank Verification Number
Platform: Android
Interest rate: 5% to 30%, depending on credit rating
Loan tenure: 1 to 6 months
Repayment channels: Debit Card, Quickteller and transfer

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KIAKIA
This is a web platform that makes use of a chatbot through which you get to register and fill in your order details needed to get your personal loan.
Requirements: Work ID card, valid bank details
Platform: Web
Interest rate: 5.6% – 24%
Loan tenure: 7 to 30 days
Repayment channel: Debit card, Bank deposit

FINT

How to get a Personal Loan online in Nigeria without visiting any office

FINT is a marketplace that finds lenders for worthy borrowers and the minimum amount of personal loans given out is ₦60,000 and the interest rate is based on borrower’s risk score.
Requirements: Valid bank details, valid ID card, and bank statements
Platform: Web
Interest rate: 9% – 39%
Loan tenure: 2 – 12 months
Repayment channel: Debit card, Bank deposit

KwiKCash

How to get a Personal Loan online in Nigeria without visiting any office

KwikCash is a mobile loan solution from 9mobile, that grants you to access loans between the range of about N500 to  N100, 000 just by dialling *561# with from your 9mobile line or *554*561# on any other network aside from MTN and get credited in minutes.
Requirements: Any other network aside from MTN and valid bank details
Platform: USSD (*561# or *554*561# ) and web
Interest rate: 10 – 20%
Loan tenure: 14 days
Repayment channels: ATM, debit card and Bank deposit

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Sharp Sharp by Credit Direct

How to get a Personal Loan online in Nigeria without visiting any office

Sharp Sharp an online loan platform by credit sharp which provides personal loans to both salary earners and entrepreneurs. It loan tenure is between 1 to 12 months. They offer loans to both public and the private sector as well as those on their national youth service year.
Requirements: No guarantor, physical documents, personal bank details
Platform: Web
Interest rate: 3.4% monthly
Loan tenure: 1 to 12 months
Repayment channel: Direct debit

ZEDVANCE:

How to get a Personal Loan online in Nigeria without visiting any office

Another online web loan platform that grants you access to loan at an interest rate of 7.5% with loan tenure of up to about 12 months
Requirements: Valid bank details
Platform: Web
Interest rate: 7.5% to 58%
Loan Tenure: 1 to 12 months
Repayment channel: Cheques, direct debit, Bank deposit

QUICKCHECK

How to get a Personal Loan online in Nigeria without visiting any office

Another loan platform requires a customer has a source of income and also grant you an option to choose if you are a student, unemployed or retired as your employment status.
Requirements: Facebook account, valid and active phone number, bank details and source of income
Platform: Android
Interest Rate: 1% daily
Loan tenure: 5 to 30 days
Repayment channel: Debit Card, Bank Deposit

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BRANCH

How to get a Personal Loan online in Nigeria without visiting any office

Branch is another online loan platform that provides loans to customers online. It is available in Kenya, Nigeria, Mexico and Tanzania. The app makes use of your contacts, GPS and SMS log and call logs.
Requirements: Facebook Account/Phone number, BVN and bank details
Platform: Android
Interest Rate: 15-21%
Loan tenure: 4 – 64 weeks
Repayment Channel: Debit Card, Direct deposit or mobile banking app