How To Get Ippis Loan?
– Your IPPIS number.
– Salary Payslip.
– Bank statement of account.
– Employment / Confirmation / Deployment Letter (Any of the following)
– Bank Verification Number (BVN)
– Valid National ID card.
– Work ID card.
What is the interest rate of microfinance bank in Nigeria?
Table of Contents
The monthly nominal interest rate for agricultural loans ranges from 2.5% to 5%, for business loans from 1.75% to 9%, for con- sumption loans from 2.5% to 7.5% and for unspecified loans from 2.5% to 6%.
How can I open LAPO account?
– Duly completed application form.
– 2 recent passport-size photographs.
– Current utility bill.
– A valid means of ID (national ID, driver’s license, voter’s card or international passport)
Who are yes cash?
Yescash is a quick loan platform, fully automated that allows you to access cash from the convenience of your smartphone, anywhere and anytime.
Which is the best loan app in Nigeria?
– Paylater. …
– Palmcredit. …
– Branch. …
– QuickCheck. …
– Aella Credit. …
– FairMoney. …
– KiaKia.
Which is the most reliable loan app in Nigeria?
Rank Best loan apps In Nigeria Ratings
—- ————————— ——-
#1 Carbon Loan App (Pay Later) 4.5
#2 FairMoney 4.5
#3 Palm Credit 4.5
#4 Bra
What is the interest rate of Lapo?
LAPO Microfinance has a flexible interest rate. The monthly interest rate is between 0.75% to 6%.
How much interest do banks charge on loans in Nigeria?
11.680 % pa
How can I borrow money from microfinance bank in Nigeria?
– Loan application form.
– Excellent Business Proposal (for SMEs)
– Letter of Application (for individuals)
– Valid means of identification (National I.D card, International Passport, Driver’s License)
– Copy of recent utility bill.
– 4 recent passport photographs.
Which app is the best loan app in Nigeria?
– Paylater. …
– Palmcredit. …
– Branch. …
– QuickCheck. …
– Aella Credit. …
– FairMoney. …
– KiaKia.
How much do you need to start a microfinance bank in Nigeria?
Two Billion Naira
Is it safe to use loan apps?
Dangers of cash advance loan apps. Your personal information should always be safeguarded. But by using an advance loan app, you might be handing over sensitive information. Almost all apps will need your banking account details and some may request your Social Security number.
