Hey there! In this post, I am going to walk you through 7 instant loans without BVN in Nigeria.
If you are in need of an instant loan without BVN or if you are looking for a quick loan service from which you can borrow in Nigeria, I advise you to read through this article thoroughly. I have found 7 different fast loans in Nigeria that you will actually love.
Borrowing a loan is now easy and you don’t even need collateral for these 7 loan apps that I want to show you in this post, so make sure you read till the end.
Whether you are looking for a personal loan or a business loan, these 7 loan apps in Nigeria will be helpful for you. With these loan apps, you can borrow up to 1 million Naira without BVN or collateral, so without wasting any time, let’s proceed.
About Loan without BVN
Loan without BVN simply means, borrowing a loan without providing your BVN, this is the best and fastest loan option that you can find out there because many people have forgotten their BVN, and in this case, if they need an instant loan, they will be required to provide a BVN
So this post is here to help you with loan platforms that you request a loan from without the need to worry about a BVN.
What is BVN?
BVN stands for Bank Verification Number. Actually, without a BVN, no one can open a bank account, and if you want to open several bank accounts, you will need just one BVN, with only one BVN, you can open multiple bank accounts.
A BVN is a 15 digits number given to you by the first bank you open an account with, and then you can further use that same BVN for several other bank accounts.
Can I get a loan without my BVN number?
Yes, you can get a loan without a BVN number from a few loan apps, but you can’t get a loan without your BVN number from any bank.
If you are looking to borrow a loan from a bank, then you need to provide your BVN, however, if you are looking for a loan without a BVN number, in this post, you will see 7 loan apps that you can borrow loans without providing your BVN number.
7 Instant Loan without BVN in Nigeria
1. Aella loan app
Aella is a loan application that you can download from either Playstore or Apple store, with Aella, you can borrow a loan with a few clicks, you can borrow anywhere from 2000 to about 1,000,000 from the Aella loan app, and one thing that makes this app so beautiful is that you don’t even need a BVN to borrow a loan.
And the company works really fast with processing loans, because, within just a few minutes after you apply for a loan, the loan request will be approved and you will receive the loan in your bank account.
Is it safe to borrow a loan from Aella?
As of the time of writing this article, anyone can borrow a loan from the Aella loan app, and there are no complaints on the internet about the company, so Aella is safe for you to borrow a loan from, but as you are applying for a loan, make sure you can pay back so you don’t get yourself into legal issues.
How to borrow a loan without BVN with Aella
Applying for a loan on the Aella app is quite easy and straightforward, as long as you have the app installed on your phone and you have an account with them.
- Download the Aella loan app
- Install it on your phone
- Create your account on Aella
- Login to your account
- Click apply for a loan
- Enter the amount you want
- Click submit and wait for your loan request to be approved
After following the above simple steps, you will see the loan pending, wait for the application to be approved and you will receive the loan amount in your bank account.
2. Opay loan/Okash loan
Opay loan app is also called Okash loan, with Okash loan, you can get a loan within a few minutes of application, they also have a regular payment application called Opay that you can use to send and receive money across Nigeria.
How to borrow a loan without BVN with Opay/Okash loan
- Create an Opay account
- Download the Okash app
- Install it on your phone
- Create your account using your Opay phone number
- Log in with your opay account
- Click “Apply for a loan”
- Enter the amount you want
- Click “Apply”
After following the above steps, your loan request will be pending, just wait for a few hours for the loan to be approved.
3. Carbon loan app
Carbon is one of the most popular loan apps that you can use to get a loan without BVN in Nigeria, this app has been in existence for a long time now and it has a lot of customers and a 4.3 star rating out of 5 stars.
With the Carbon loan app, you can borrow money with a few clicks of the button and you can borrow up to 1,000,000 from the app. You don’t need your BVN to borrow a loan from Carbon.
Is it safe to borrow a loan from Carbon?
Carbon is a trusted loan application that has been in existence for a long time now, the app also has many users who are requesting loans, so it is safe to use Carbon to borrow a loan in Nigeria without BVN.
How to borrow a loan without BVN with Carbon
If you want to borrow a loan from Carbon, you only need to follow a few steps to follow, and these steps are very simple to follow, follow the steps below to borrow a loan from Carbon.
- Download the Carbon app
- Install it on your phone
- Create your account
- Login with your registered details
- Verify your account using an ID document
- Click “Apply for a loan”
- Enter the amount you want
- Click “Apply”
After following the above steps, just sit back and wait for the loan to arrive, it will take around 24 hours to a week to get your loan approved by Carbon.
4. Jumia one loan
Jumia one app is a loan app provided by Jumia, with Jumia one, you can borrow a loan within a few minutes, and you don’t even need a BVN to borrow a loan from Jumia one, many people are using the app to request loans and you can do the same.
You can borrow up to 1,000,000 Naira from Jumia one loan app, and the procedures to follow are very simple so you don’t need to worry about technicalities.
Is it safe to borrow a loan from Jumia one?
Jumia one is owned by Jumia, an online shopping website for Africa, and looking at this fact, you will know that Jumia one is safe, which means it is safe to borrow a loan from Jumia one.
How to borrow a loan without BVN with Jumia one
You need to have a jumia account to borrow a loan from Jumia one app, follow the below steps to borrow a loan from Jumia.
- Create your account on Jumia
- Download jumia one app
- Login to jumia one with your login details
- Verify your account with a voters card
- Add your bank account details
- Click “Apply for a loan”
- Enter the amount you want to borrow
- Click “Apply”
- Wait for your loan to be approved
After following the above steps carefully, just sit and relax while waiting for your loan to be approved, this will take up to a few days but you will definitely receive your loan.
5. Fair money loan
Fair money is one of the most popular loan apps in Nigeria, you can borrow a loan from Fair money in a few minutes, and you can borrow up to a million Naira from the Fair money app. The app is available on Playstore and also Apple store, you can download it anytime and request a loan with the app.
How to borrow a loan without BVN with Fair money loan app
You can borrow up to 1,000,000 from Fair money loan app, but they will take up to a month to process your loan request, follow the below steps to apply for a loan on Fair money.
- Download Fair money app
- Click “Sign up”
- Enter your mobile number and email
- Enter a strong password
- Click “Next”
- Confirm your account and login
- Click “Loans”
- Enter the amount you want to borrow
- Submit your account number
- Click “Apply”
If you follow the above steps correctly, then your loan will be on its way to your bank account. This will take up to a month for the loan to be approved.
6. Branch loan app
The branch is one of my favourite loan apps, this is because Branch loan works really fast, and it is available for both Android and IOS devices, which means, anyone can use it, you can borrow a loan from Branch app with a few clicks of the button.
How to borrow a loan without BVN with the Branch loan app
If you want to borrow a loan from Branch app, it will take a few clicks to do that, just follow the below steps to request a quick loan from Branch app.
- Download Branch app
- Create your account
- Confirm your phone number
- Login to your account
- Click “Request for a loan”
- Enter the amount you want to borrow
- Enter your account number
- Click “Next”
If you follow the above steps, your loan request will be processed and will be finalized in a few hours.
7. Palm credit loan app
Palm credit is also one of the best loan apps that you can borrow a loan without BVN in Nigeria, palm credit has been in existence for quite a while now and they have a large customer base, the app is also available to both Android and IOS phones, which means anyone can use it.
Palm credit is also simple to use, even if you are not a tech-savvy person, you can use the app to borrow a loan instantly in Nigeria.
How to borrow a loan without BVN with Palm credit
Borrowing a loan from Palm credit app is simple and straightforward, you can request a loan from Palm credit within a few hours after your application. Follow the below steps to request a loan without BVN number on Palm credit app.
- Download the Palm credit app
- Install it on your phone
- Create an account
- Login with your details
- Click “Request a loan”
- Enter the amount you want
- Click “Done”
If you followed the above steps correctly, your loan request will be processed in a few hours or up to a week, after that, you will receive a notification about your loan approval.
Is it safe to borrow loan without BVN in Nigeria?
Yes, borrowing a loan without BVN is safe, because you are not providing your BVN number, which is sensitive information that is used only by banks, there are a lot of loan apps that you can request for a loan without BVN.
However, in order to stay on the safe side, you need to avoid any app that looks spammy, before using any loan app, make sure you read the customer reviews first.
Final thoughts on loan without BVN in Nigeria
Borrowing a loan in Nigeria was not easy in the past, but now it is because there are a lot of loan apps that you can request a loan from, some of the loan apps give up to 1,000,000 Naira and they process the loans quite fast.
If you have been looking for loan apps that you can borrow a loan without BVN, I believe you found this post helpful, if you like this post, simply share it with your friends, and if you have any questions, leave them in the comments section.
Thanks for reading this post, and I wish you all the best.
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