Loan offers are very important in our everyday lives, be it getting a cheque to go for a vacation, paying hospital bills, paying educational fees or even to boost your business, a little financial boost can go a very long way.

Loans give a financial solution to entrepreneurs to enable them achieve their business goals, so depending on what you need that cash for, we will be looking at the best loans offers in Nigeria.

1) Opay Loan :

Opay offers the freedom and security of paying for goods, earning cash, and topping up your personal accounts is in your hands, as Avery helpful financial institution, they do offer loans at affordable rates.

2) Carbon Paylater :

This is a quick online lending platform that offers short term loan without collateral for urgent needs and expenses.

Through Paylater, you can get a loan from N500,000 to N1 million at different interest rates between 5 to 12.6%. The loan is determined by the risk involved and cash activities via your BVN.

3) Renmoney:

Renmoney customers can get loans up to N4,000,000 that can be repaid within a period of nine months without tendering collateral or a guarantor.

To apply for a loan on Renmoney, you’ll have to meet certain conditions. Applicants are expected to be between the age of 22-59, have a steady source of income with a functional current or savings bank account and a valid means of identification.

Upon request, the applicant is expected to provide verification of their monthly income and a report of their previous loans from a credit bureau. All these are to be submitted to any Renmoney office for confirmation.


For Renmoney quick loan request, a N70,000 loan would worth N83, 690 in four months repayment plan.

This implies a % between 4% to 4.5% per month.

4) UBA Personal Loans :

From UBA, you can get free collateral loans of up to N30 million if you are a staff of any approved company in Nigeria. Personal loans from UBA comes with convenient repayment terms and no collateral is required, it is also quite simple and fast to access, in other words, immediately after the submission of a successful application, your loan would be made available to you.

5. Aella Credit

Aella credit is an app-only easy and quick loan platform. It is designed to help employees access more funds between 1,500 to 700,000 and an interest rate between 4% - 29% monthly.

Aella credit is available in Ghana, Nigeria and the Philippines

6) GTBank loans :

GTBank also offers loans to their existing loyal customers, in case you need that financial boost you could walk up to any branch and apply for your loan right away.

7). kwikmoney (Mines)

kwikmoney offers both internet-based, app and USSD loan options. It partners with banks, mobile network operators, and technology companies on a mission to make personal banking services convenient and accessible to all Nigerians.

On kwikmoney, you can get a loan as high as N15,000 at 15% interest rate for 15 days (half a month).

UBA offers no collateral loans too

I've used GTB and I liked it. Didn't know UBA has this too

Thanks for sharing this information. I was using https://betacashexpress.com/payday-loans/ which is a pretty good service to take a loan really fast and without any problems at all. It's a good opportunity to get cash for some personal needs or if you need money on opening business.

Melaninprincess:
I've used GTB and I liked it. Didn't know UBA has this too

Does GTb give to savings account holders?

Wow! I feel like I ve been living under a rock, thanks for this enlightenment

I'm thinking of opening a UBa account because of the loan. Anyone taken a loan with them yet? What's the process

shiftback:
I'm thinking of opening a UBa account because of the loan. Anyone taken a loan with them yet? What's the process

haven't taken but it's easy. You can walk into their bank for more information