Renmoney for providing loans to Nigerians without collateral and we have provided the best way to download the Renmoney loan app.
This has made Renmoney a trusted brand for small and medium-sized enterprises (SMEs) and startups in Nigeria. Renmoney has been available to individuals who need personal loans. Renmoney is a top Microfinance bank located in Lagos Nigeria.
The company has been offering loans to Nigerians since 2012, both personal and business. This Microfinance bank has provided over 200, 000 loans.
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Renmoney loan requirements
You will need to meet the following criteria depending on how much money you need.
- An active account must be maintained with any Nigerian commercial bank.
- A well-paying job or a sustainable company are options.
- Between 22 and 59 should you be in your prime years
- You must be able to prove your monthly income (salary)
- Clean credit bureau reports are essential
- A statement of your bank account should be available for at least six months. You should not have to return a cheque.
- A recent passport photo should be available.
- You should have a Staff Identity that is unique to your workplace
- Get a tax or pension identification number
- A valid ID is required to prove your identity
- A letter from your Human Resources department may be required.
- Utility bills should be presented.
- Lagos is a great place to live, work and do business.
How do you borrow money from Renmoney?
These steps will help you get a loan at Renmoney.
1. Visit the website
You can apply for a loan at the website, which is the fastest and most convenient way.
2. Please complete the application
Fill out the online loan application form.
3. Upload your documents
Next, upload all required documents, including your ID, proof of address, and bank statement.
4. Wait for your loan
You can only wait. If your loan approval is granted, you’ll be able to get in within 24 hours. Check your email!
5. Visit one of its branches
If you don’t want to apply online, you can also visit any branch. As you continue reading, please refer to the list below.
How much can you borrow from Renmoney?
Ren Money can provide loans ranging from N50,000 up to N4,000,000 in 24 hours.
Renmoney loan interest rate
Your repayment choice will determine the interest rate. The interest rate will increase the longer you repay. The interest rate for a full year can reach 33.9%. It should be lower if you pay it back over 6 months, 3 months, or even a month.
Renmoney loan app tenure
The term of the loan is from one month to twelve months
Renmoney Loan App Download
The Renmoney app is a quick and easy way to reach your financial goals. You can get quick loans to meet your business or personal needs. Or, you can grow your money by opening a Savings account or Fixed Deposit account.
Renmoney is passionate about creating fintech solutions that meet your financial needs. The Renmoney App is the perfect app for you if you are looking to increase your income or need money.
Up to N6m in loans
Convenient and fast processes
Click here to Download Renmoney Loan App
Renmoney loan repayment
There are many options for repayment. You have the option to repay in one or two months. It is possible to spread the payment over 12 months.
It is simple to pay back. Quickteller can be used to repay. Just go to the Ren Money Quickteller portal
Renmoney loan calculator
To understand the amount of interest and loan you have to pay, you can use our online loan calculator. It’s free to use. The calculator is not meant to be used as a commitment to take any loan. It is a tool that allows you to see how much you will pay back over a given period if you borrow a specific amount. You can visit the loan calculator.
RenMoney Head Office Address
Renmoney MFB Limited is the registered name. The Head Office is located at 23 Awolowo Road Ikoyi Lagos, Nigeria.
These are the branches for Ren Money:
|23, Awolowo Road Ikoyi, Lagos, Nigeria
|27-29 Odunlami Street, Marina
|Pentagon Plaza, 23 Opebi Road, Ikeja.
|F61 & F62 Road 3, Ikota Shopping Complex, Ikota, Lekki-Ajah.
|Kings Plaza, 80, Adeniran Ogunsanya Street, Surulere.
RenMoney customer service phone number and email
Contact customer service at 0700 5000 500, or 0700 736666639
The website is Renmoney.com