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EaseMoni Loan App Review: How To Apply For Loan With EaseMoni

This article was created to help you understand all you need about the Easemoni loan, from applying to repaying loans. Read along...

by Eniola Samuel
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EaseMoni Loan App

Have you been looking for an app that can offer you a loan such as the Easemoni Loan app to pass through your difficult time? Look no further as you have found one already.

Knowing that you have seen this app as a loan app, you are still curious to know more about the app, that’s what we will be discussing today.

What is Easemoni?

Easemoni is a loan service provider launched by OPay on May 17th, 2021.

The loan app gives you the opportunity to access loans easily in quick steps, meaning it allows you to apply for a loan at any time and anywhere.

Easemoni is an app that offers registered users loans online without having to go to an office for a loan offer, meaning you have all you need to apply with the Easemoni loan app.

Check out: KashKash Loan App Review: All You Need To Know

All you have to do is install the Easemoni loan APK app, open and then use it with the guidelines we are going to provide below.

The app is one of the most trusted loan apps out there, the Easemoni loan app offers up to N1,000,000 (one million naira) to new members depending on their credit score and credit history.

One of the best things about the loan app is that it has a cool and simple interface that can help people get their first loan in minutes.

Before you can get a loan with Easemoni, you have to create an OPay account and then upgrade to KYC level 2 to get started.

Upgrading to OPay KYC level 2 will require you to fill in your phone number, Names, BVN, Date of Birth, and other basic information.

Just every other loan app, Easemoni makes use of AI technology to determine the best loan opportunity for users by using the information they provide as statistics.

The AI automatically matches the user with the maximum loan offer based on their credit history and credit score.

Easemoni Loan Requirements

In order to apply for a loan with the app, there are some requirements you need to meet. The basic requirements you need to meet will be listed below.

The requirements are:

  1. You must be a Nigerian and live in Nigeria.
  2. You must be of age 20 to 55 years old to apply for a loan on the app.
  3. You must have an active bank account and BVN
  4. You must provide correct information during your registration
  5. You must have a verifiable source of income.
  6. You must possess an active Opay account

Let’s talk about how you can register with the loan app.

How to register your Easemoni account

Before you get the opportunity to apply for a loan with the Easemoni loan app you must first register an account.

Registering an account will require the use of a Bank Verification Number (BVN), and that is mandatory.

Quick Read: How To Apply For IPPIS Loan In Nigeria in Few Steps

Start by creating an OPay account, fill in your details, and get leveled up to KYC level 2.

Note: The OPay account is the same as the Easemoni account, the loan system is incorporated into the OPay server.

How to apply for Opay Easemoni Loan

Once you are registered on the OPay app, all you need is to sign in/ log in to your OPay account.

Then you navigate to the Finance section of the app, now, click on the Easemoni icon to get started.

That click will direct you to the landing page of the Easemoni loan application process, you’ll need to select the amount you want to borrow to begin.

Read Also: EasyCredit Loan App Review: Is it Legit or Scam?

After selecting the amount you want, click on the “Apply Now” button to apply.

Depending on your credit history and credit score, the maximum loan amount is up to a million naira to N3,000.

How do I increase my Loan amount or limit on Easemoni?

To increase the maximum loan amount you need to make more transactions using your OPay account as much as possible, this will open more loan amounts for you.

The more you use your OPay account for transactions the higher your loan amount increases, it is as simple as that.

Easemoni Loan Interest Rate

Each loan service provider has its own loan interest, some have a high interest while some have low interest. Let’s look at the Easemoni loan interest rate.

The loan app loan interest rate is quite okay, the app loan interest rate ranges from 5% to 10% of the loan amount monthly. The annual loan interest rate is less than 120% of the initial loan amount.

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Let’s say you apply for a loan of N20,000 for 30 days, the interest on your loan will be 2,040 and the total repayment will be N22,040.

Do note that the app charges a late interest fee when you default or are overdue on your loan. This also affects your credit score and result in less loan amount over time.

Opay Easemoni Loan Repayments

Repaying your Easemoni loan is much easier than you might think, all you need to do is open the OPay or Easemoni app.

Click on the Easemoni icon, then click on loan, and then on the repayment button. You have the option to repay in full or partial depending on your choice.

Easemoni Customer Care Number

In case you come across an issue while using the loan app, you can instantly reach out to their customer service for help. There are 3 ways to contact the loan app customer support and they are listed below:

Customer Service Email: info.easemoni@gmail.com

Customer Service Number: +234 908 7614 150

Office Address: 60 Adeniyi Jones Ave, Ikeja, Lagos, Nigeria

Easemoni Loan App

Downloading the loan app is easy, all you have to do is download the OPay or Easemoni loan app directly through Google Play Store here.

Start by searching using one of these two keywords “OPay” or “Easemoni”. After installing you can open and then start.

Name: EaseMoni APK

Version: 1.2.9 (22)

Updated: Jan 04, 2022

Developer: Blue Ridge Microfinance Bank Limited

ID: com.loan.cash.credit.easemoni.nigeria

Installs: 1,000,000+

Category: Apps, Finance

You can access the Easemoni loan app by clicking on the link here https://play.google.com/store/apps/details?id=com.loan.cash.credit.easemoni.nigeria  and then redirected to Google Play Store to install.


Now that you have learned more about the loan app, it’s yours to make the decision whether to apply for a loan on the app or not.

As explained in the above information, the loan process is easier and faster. The app also makes use of a simple loan processing UI which makes it stress-free.

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