FAQ: How To Get A Loan In Nigeria Without Collateral?

Which bank in Nigeria gives loan without collateral?

Some banks offering such loans include Sterling Bank, Wema Bank, Guaranty Trust Bank and Jaiz Bank to mention a few. GOVERNMENT BANKS: Backed by the Central Bank of Nigeria, banks like the Bank of Agriculture, Development Bank of Nigeria and the Bank of Industry offer loans without collateral in some cases.

How can I get quick loan in Nigeria?

How to Apply for a Loan:

  1. Visit the JumiaPay Android app.
  2. Scroll down to the ‘Financial Services’ section and click ‘ Loans ‘
  3. Provide all the requested information.
  4. Approval takes a few minutes and you get an email requesting for your details for disbursement.

Which bank gives instant loan in Nigeria?

GT Bank. The GTBank Quick Credit is one loan option from GTBank that is very easy and super fast to get. You get your funds to your bank account within two hours of approval. The more exciting part of this loan is that you only get to dial a shortcode to apply.

You might be interested:  How Much Is Infinix S5 Price In Nigeria?

How can I get a loan without collateral?

Since Personal Loans are unsecured ( without collateral or security) loans, banks will look at your income, cash flows, strength or stability of your business or employment to make sure you are able to repay the loan. HDFC Bank customers can get Personal Loans with minimal or no documentation.

How can I get a 5 million naira loan?

In order to receive a 5 million naira loan, you will have to show proof of salary, employment, residence and ID. In most cases, the lender will want you to repay the loan within 12 months, but tenures can be longer as well. Many of our customers apply for 5 million naira loans in order to refinance debt.

How can I get a 50000 instant loan?

Borrowers can avail an instant loan of Rs. 50,000 via the SimplyCash personal loan app. If you fall correctly in the eligibility criteria and own the right set of documents, an instant loan of Rs. 50,000 is approved and disbursed within 24 hours.

How can I get a 50000 Loan in one day?

Meet urgent funding requirements with an instant personal loan of 50,000 Rupees from Bajaj Finserv. Fulfil minimum eligibility criteria and complete a hassle-free application process to receive instant approval and quick disbursal of Rs. 50,000 loan. Avail the advance without providing any collateral.

How can I get GTB quick loan?

How to Apply

  1. You can request for Quick Credit instantly by dialling *737*51*51#
  2. Quick Credit is also available on all GTBank online and mobile banking platforms (Internet Banking, GTWorld, GTBank Mobile App and Habari App)
You might be interested:  How To Withdraw From Paypal To Nigeria Bank Account?

How can I get a quick loan?

How to get a quick loan

  1. Check your credit score. Personal loans are issued based on a borrower’s creditworthiness, so it’s easier to qualify for one if you have good credit.
  2. Get prequalified without a credit check.
  3. Compare personal loan offers.
  4. Formally apply for the loan.
  5. Receive your money.

How can I get a 20000 instant loan?

How To Apply For Personal Loan With Salary Less Than Rs. 20,000

  1. Share your phone number.
  2. Enter your email id.
  3. Specify your personal loan amount.
  4. Check the ‘I authorize’ tick-box.
  5. Click on ‘Apply Now’.
  6. Have our customer care representative get in touch with your offer details.

How can I get a 30000 instant loan?

Documents Required for ₹ 30,000 Personal Loan

  1. Pan Card.
  2. KYC (Identity and Address proof)
  3. Salary slips.
  4. Income Proof – Latest 3 months salary slips, Receipts, Form 16 etc (for self-employed professionals)
  5. Bank Statements – 6 months bank statements.
  6. House ownership proof (if any)

What is the code for GTBank loan?

Use the GTB loan code – *737*8*2# Visit any branch of GTBank or ATM.

Will a bank give you a loan without collateral?

Unsecured loans do not require collateral, like a house or car, for approval. Instead, lenders issue these loans based on information about you, like your credit history, income and outstanding debts.

Related posts

Leave a Comment