BVN is an acronym for Bank Verification Number. It is a unique 11-digit number that is assigned to every bank account holder in Nigeria. The BVN was introduced in 2014 by the Central Bank of Nigeria (CBN) as a way to reduce fraudulent activities and to improve financial inclusion.
In order to get a loan from a bank or other financial institution in Nigeria, you will need to provide your BVN. However, there are some loan apps that you can use without your BVN. Let’s take a look at the top 10 loan app in Nigeria that you can use without your BVN.
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Kwikcash
Kwikcash is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on Kwikcash loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on Kwikcash, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
Aella Credit
Aella Credit is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on Aella Credit loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on Aella Credit, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
Branch
Branch is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on Branch loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on Branch, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
Paylater
Paylater is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on Paylater loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on Paylater, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
Quickcheck
Quickcheck is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on Quickcheck loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on Quickcheck, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
CreditEase
CreditEase is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on CreditEase loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on CreditEase, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
Lendable
Lendable is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on Lendable loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on Lendable, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
Mortgage-X
Mortgage-X is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on Mortgage-X loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on Mortgage-X, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
Fairmoney
Fairmoney is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on Fairmoney loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on Fairmoney, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
Loan4K
Loan4K is a mobile loan application that offers quick loans to Nigerians. You can apply for a loan of up to N100,000 and get it within 24 hours. The interest rate on Loan4K loans is 3% per month and the repayment period is between 2 to 6 months.
To apply for a loan on Loan4K, you will need to provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
FAQS:
Q: Which app can I borrow money without asking of BVN?
A: Here are the top 10 apps that offer such service
-Kwikcash
-Aella Credit
-Branch
-Paylater
-Quickcheck
-CreditEase
-Lendable
-Mortgage-X
-Fairmoney
-Loan4K
Q: Can I borrow money without my BVN?
A: Yes, you can. However, the maximum amount you can borrow will be capped at N100,000.
Q: How can I get BVN loan?
A: You can apply for a BVN loan through any of the 10 apps listed above. Simply provide your phone number, email address, and bank account details. You will also need to upload some documents such as your ID card, proof of income, and proof of residence.
Q: What is the interest rate on BVN loans?
A: The interest rate on BVN loans is 3% per month.
Q: What is the repayment period for BVN loans?
A: The repayment period for BVN loans is between 2 to 6 months.
Conclusion:
These are the top 10 loan app without bvn in Nigeria. You can apply for a loan on any of these apps and get it within 24 hours. The interest rate on these loans is 3% per month and the repayment period is between 2 to 6 months.
