4 Loan App In Nigeria Without BVN


4 Loan App In Nigeria Without BVN

Do you have financial needs that requires instant loan? Are you looking for loan without BVN or collateral in Nigeria?

if you do not provide your BVN, you can still get loan using the apps that i will list here, which is a possibility that could sound too good to be true.

Some Nigeria financial institution or platform give loan without stress of providing  BVN or collateral. in these article you will learn how, these platform or loan App works.

what is BVN

Bank Verification Number(BVN) is an 11-digit number that is unique to each individual, but the same across all bank institutions for the same individual.

To own and operate a banking account in Nigeria, you must first have a bank verification number. You can have multiple bank accounts in Nigeria but only one BVN number that will be linked to all your accounts.

BVN is a biometric identification system implemented by the Central Bank of Nigeria to reduce illegal banking transactions in Nigeria.

Your BVN number should always remain private and protected at all costs.

Best Loan App without BVN In Nigeria

1. FairMoney Loan App

You can borrow money using this loan app without BVN in Nigeria. Fairmoney is a top loan platform for getting personal loans in Nigeria. And the best thing? No need to provide your BVN or even collateral to get a loan from Fairmoney

With the Fairmoney loan app, you can get loans of up to N1,000 to N150,000 with a repayment period of 2 – 12 weeks depending on the loan amount. Fairmoeny offers loans based on how creditworthy the borrower is.

2.Carbon (Paylater) Loan App

Carbon, formerly known as Paylater is another app you can trust. It is owned by the One Finance & Investment Limited company and offers more than just instant loans. Aside from the fact that you can readily get loans from N5000 to N1,000,000 with a tenor of between 7 – 180 days, the platform does not delay in paying your loan. Within 3 minutes of submitting your application to the platform, they will credit your account.

3. Jumia pay Loan App

Jumia pay is another legit loan app you can borrow from without inputting your BVN. Basically, to access loans on this app, just scroll down to the ‘Financial Services’ category and click on ‘Loans’. After you provide all the information required, you will receive your loan within minutes.

4. OKash Loan App

Okash loan app is another legit and popular platform to borrow your loans.  Basically, you can access this platform through the Opay mobile app, which is controlled by Opay Digital Services Limited/Paycom. However, OKash is solely owned and operated by Blue Ridge Microfinance Bank Ltd.

This is list of loan apps in Nigeria that dont require BVN to access a loan. Also, do not forget that your BVN should remain private and you have to be mindful of the platform you reveal it to.


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