Renmoney Loan now offers convenient personal and micro business loans of upto N5 million to Nigerians who are employed or run their own business.
Renmoney is a Fintech lending company operating on a microfinance banking license in Lagos, Nigeria.
They provide loans to individuals and small businesses through their website Renmoney.com and has been regulated by CBN, insured by NDIC.
How Renmoney Loan Works?
Applying for the Renmoney Loan has been an easy stuff to do and here’s how to get started:
Choose some loan tenure and the amount, then share some information about yourself
Next step is to verify the information that you have provided
3. Recieve Funds
Sign documents and recieve your loans into your bank account in less than 24hrs if your loan is approved.
Requirements For Renmoney Loan
There are some certain documents / requirements needed for quick approval before applying:
√ You must be above the age of 21 – 59 year’s old
√ You must have a verifiable source of income
√ Live and work in cities where Renmoney is operated
√ Have a savings or current bank account with any commercial bank
√ Statement of your bank account
√ An utility bill
√ A government issued ID card.
How To Apply For Renmoney Loan
Renmoney Loan Application form process can be done through their website when you visit Renmoney.com,
√ Click on Apply now button which will take you to their registration page
√ Fill in your correct details both your employment status, monthly income, where you live, LGA, date of birth, etc
Then click on continue to process your documents.
How Much Can Renmoney Loan Offer?
Renmoney Loan offers upto N6 million naira cash loan with a repayment plan of 24 months, depending on your credit score and eligibility.
How To Repay Your Renmoney Loan?
Once you have set up card payment or direct debits, all you have to make sure is that your account is funded on the due date and they will collect your payment.
Renmoney Loan Interest Rates
The Renmoney loan interest rates depends on the loan amount that you borrowed and the repayment time.
The maximum annual percentage rate is 35.76% no other fees, and their loans tenure goes for 3 – 24 months.
Why Renmoney Loan?
Whether you are applying for a loan to grow your small business, rent a house, buy a car, renovate your home, pay your fees, clear your medical bills, Renmoney got you covered.
1. With Renmoney, you get access to Flexible loan tenures
2. Competitive rates
3. No guarantor required
4. No hidden fees
5. No collateral required
Already have a Renmoney Loan account then you can use the Renmoney login page to access your account.
Renmoney Loan Contacts
See the list of Renmoney branches in Lagos: • Head Office: 23, Awolowo Road, Ikoyi, Lagos, Nigeria • Surulere: Kings Plaza, 80, Adeniran Ogunsanya Street, Surulere • Opebi: Pentagon Plaza, 23, Opebi Road, Ikeja • Lagos Island: Western House: 8/10 Broad Street, Lagos Island
Call them today on 0700 5000 500 if you have any issues accessing or applying for the Renmoney Loan.
Renmoney Loan App
The Renmoney Loan App has also been doing it’s own wonders with over 100k+ download from playstore.
You can also download the Android app from playstore, register and apply easily. See how:
Download the Renmoney Loan App, Make sure that you have all the necessary documents needed, hit on apply for a loan button.
Your loan will be processed immediately and once approved, cash will be disbursed straight into your bank account.
Conclusion On The Renmoney Loan
Renmoney has been a top money lending platforms in Nigeria, it’s legit and credible source has given them over 240,000 happy customers and it’s also regulated by CBN, insured by NDIC.
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