Looking for how to apply for easemoni loan? If so, look no further because here in this article we will tell you how to apply for a loan through EaseMoni and the terms and the interest rate. But before I proceed who owns easemoni and how does it work?
EaseMoni is a fast personal cash loan app available in Nigeria and is owned and operated by Blue Ridge Microfinance Bank Limited.
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How It Works and How To Apply For Easemoni Loan?
How EaseMoni work? They provide loan services as a subsidiary of Blue Ridge Microfinance Bank. It has provided loans to a number of people and they are still providing loans to many Nigerians in every state. It is possible to obtain loans through the application without providing documents or presenting collateral. All you need on how to apply for EaseMoni Loan is just some requirements, and once you can provide these required documents, you have no problem applying for EaseMoni Loan.
Requirements Needed To Apply For EaseMoni Loan
These are the thing you need to provide before you can obtain a loan through EaseMoni.
- You Need Android Device
- A Nigerian Bank Account
- (BVN) Bank Verification Number
- Your Mobile Number
- You Must Be A Resident and A Nigerian Citizens
- To Qualify For A Loan Through Easemoni You Must Be At Minimum 18 Years Old
- You Also Must Have a Source Of Income
Where Can I DownloadThe Easemoni Mobile Application?
You can get the Easemoni on the Google Play Store or Apple App Store download and install the app.
Did you know that you can take advantage of EaseMoni loans even if you are an Opay customer? To take advantage of this, login to your Opay dashboard, In the Opay App, you are going to see EaseMoni, (one to twelve) months loans in the list of integrated services.
By clicking on it will bring you to a different page on which you can apply for an advance from EaseMoni.
How To Apply For Easemoni Loan?
After downloading the EaseMoni mobile app, you can create an EaseMoni account and apply for the loan; for how to do this, follow these steps.
- Log in using Your Bank Verification Number (BVN)
- Enter your mobile Number
- The “OTP” will be sent to your mobile by SMS.
- Input The Password To Continue
- Provide information about your identity and employment
- Accounts will then be set up and you will be able to access the application.
- Find “Get Loan” and click on the “Get Loan” button
- Enter the amount you wish to borrow from EaseMoni.
Note: You can request the amount you need between 3,000 and 1 million naira through the EaseMoni app.
- Customize how you will repay (Repayment Schedule); You can pay back within 3 months to 12 month
- Fill in your bank account information then cross-check them before pressing the “Apply Loan” button “Apply for Loan” button
The application will be scrutinized by EaseMoni staff. The amount of the loan will be transferred directly to the bank account you have after it is accepted.
How much money can I Borrow from Easemoni?
The advantage of using EaseMoni is that it allows you to obtain loans of a large amount. You can obtain an amount of loan up to one million naira through the EaseMoni application.
- The minimum amount you can avail yourself is three thousand naira (3, 000)
Repayment Terms and Conditions
- You can repay your loan in three (3) to twelve (12) months.
Easemoni Interest Rate
It is worth noting that the EaseMoni credit service is charged annual interest of between 5% and 10% for each loan you get. Apart from that, the service does not charge any other charges.
For example, if you receive a ten thousand naira (10, 000) loan from EaseMoni the annual interest of five percent is added every month. Therefore, if you pay back in three months, you’ll need to pay N10,000 in addition to the interest for three months (500 times 3).
This is N11,500 in total.
How to Repay EaseMoni Loan?
It’s also simple to pay back your loan using the EaseMoni mobile application. Follow the steps below.
- In Your Account’s Dashboard; VisitThe Page For Loan Repayment
- Click here to access your loan balance
- Select the method of payment you prefer.
- Give the bank information you require
- Complete your EaseMoni loan repayment
Easemoni Headquarters
EaseMoni credit services have their own physical location in Nigeria where they oversee the loan services they provide.
For complaints or questions, you can visit their office see the details below
Address
60 Adeniyi Jones Ave, Ikeja, Lagos, Nigeria.
EaseMoni Customer Service and Email Address
It is also possible to reach out to EaseMoni customer support should in case you encounter an issue with the service of the loan.
For Phone Calls
+234-9087614150
+234-8073634739
EaseMoni Email Address
Conclusion – How To Apply For Easemoni Loan?
You can apply for easemoni loan through the application without providing documents or presenting collateral. All you need on how to apply for EaseMoni Loan are just some requirements, which we have listed here in this guide, and once you can provide these required documents, you have no problem applying for EaseMoni Loan.