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10 Best Instant Loan Apps Without BVN In Nigeria



10 Best Instant Loan Apps Without BVN In Nigeria: Do you have an emergency financial responsibility to meet, but payday is still a long way off? Do you need a list of instant loan apps without BVN in Nigeria? The Bank Verification Number (BVN) is an 11-digit unique identification number for every individual in the Nigerian banking industry.

The BVN ensures that you can conduct transactions securely at any Point of Banking Operations in Nigeria. However, some fraudulent loan apps in Nigeria compromise your data and use your BVN for illegal and fraudulent purposes. As a result, you may not want to release your BVN to these fraudulent lending platforms in some cases.

10 Best Instant Loan Apps Without BVN In Nigeria

Here are list of the top 10 instant loan apps in without BVN in Nigeria . You can get a loan in Nigeria in minutes with any of them from the top providers we have carefully researched for your consideration. See the following list:

  • PalmCredit Loan App
  • Carbon Loan App
  • Alat by Wema Bank Loan App
  • FairMoney Loan App
  • JumiaOne Loan App
  • OKash by Opay Loan App
  • Aella Credit Loan App
  • Eyowo Loan App


Fair money: FairMoney offers fast loans within 5 minutes with no documentation or collateral required. The loan amounts vary based on your smartphone data and repayment history. Loan amounts range between ₦1,500 to ₦500,000 with repayment periods from 61 days to 180 days at monthly interest rates that range from 10% to 30%

Aella credit

Aella credit is a one-stop-shop for all your financial services. They offer short-term personal loans that range from ₦2000 to ₦1,000,000 with repayment periods from 1 – 3 months. Their interest rates range from 6% – 20%. You get access to higher amounts and better rates if you work with an Aella Credit partner company.

Palm credit:

PalmCredit offers fast loans in small amounts for first-time applicants. You get access to higher loan amounts when you pay back your loans on time. Palmcredit Monthly interest rate ranges from 4%~4.7% while Loans Interest Rate ranges from 14% to 24%. Their loan limits range From ₦ 2,000 to ₦100,000 with a repayment period between 91 days to 180 days.


JumiaOne: is among the list of loan apps without BVN in Nigeria. Though a multi-purpose android app, it is owned by the Jumia Group.

Aside been an online payment platform for Nigeria’s leading e-commerce site, jumia has numerous service like the  Jumia Nigeria, the JumiaOne app  which also offers loan to its individual users without collateral.

Users of Jumia can access loans by scrolling down to the ‘Financial Services’ section on the JumiaOne app and clicking ‘Loans’. Once you provide all the information required, including payment details, you get the money credited to your account within 10 minutes or less, depending on your internet network.

MoreSo, The JumiaOne app offers a conducive loans plan  from N5,000 to N100,000 for a tenor of 15 – 30 days and even more days, depending on how long and how well you’ve used the  JumiaOne App.

OKash by Opay Loan App

This mobile loan platform can only be accessed via the Opay mobile app, which is owned by Opay Digital Services Limited/Paycom; however, OKash is independently owned and managed by Blue Ridge Microfinance Bank Ltd.

It provides users with instant loans ranging from N1,500 to N50,000 with repayment terms ranging from 7 to 90 days and interest rates ranging from 10 to 24 percent per month. It also promises to offer loans with lower interest rates if a user becomes a frequent user of the app.

 Eyowo Loan App

With just a phone number, Eyowo offers simple, digital, and dependable financial services to anyone. It ranks fifth on our list of instant loan apps in Nigeria that do not require a BVN. A loan also does not require collateral or documentation. Your phone number serves as your account number on Eyowo. Simply remove the first zero. Save time by avoiding long hours in a banking hall.

Users can borrow, spend, send, receive, and save money by dialing the USSD code *4255# on their mobile phones, the Eyowo mobile app or website, or by calling the IVR center at 01-7001511.

Payments are made quickly, easily, and securely.
You can send money to friends, family, or anyone else using Eyowo! You can send money to bank accounts or phone numbers if the recipient does not have a bank account. Cool..right?

Money can be received from anyone, anywhere.
Save yourself the embarrassment. Send an Eyowo request or a payment link to request your money politely.

With an Eyowo card, you can keep your money safe.
We’ve removed all the information that fraudsters can use to steal your money from Eyowo cards. Your credit card information is now stored in your app. This is the most secure card in the world.

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