4 Best Instant Loan Apps Without BVN In Nigeria

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  4 Best Instant Loan Apps Without BVN In Nigeria

4 Best Instant Loan Apps Without BVN In Nigeria

Do you have urgent financial responsibilities to satisfy but payday is still some time off? Do you require a list of Nigerian fast loan applications without BVN? In the Nigerian banking sector, each person is uniquely identified by their 11-digit Bank Verification Number (BVN).
This post discusses trustworthy loan applications in Nigeria that might not require BVN, despite the fact that we have a list of the top 30 best fast loan apps in Nigeria for guaranteed cash that you can use to borrow money and get cash right away.
You can conduct transactions safely at any Point of Banking activities in Nigeria thanks to the BVN. However, some phony loan apps in Nigeria compromise data and exploit your BVN for nefarious and unlawful activities. Therefore, in some circumstances, you might decide against giving your BVN to these phony loan platforms.

Top Instant Loan Apps Without BVN In Nigeria

The top 8 rapid loan applications in Nigeria without BVN are listed by Quick Loan Arena. With any of these, you may apply for a loan from one of the best lenders in Nigeria that we have meticulously investigated for you in a matter of minutes. Check out the list below:

1. JumiaOne Loan App

In terms of Nigerian loan apps without BVN, JumiaOne is ranked second. Although an Android app with several uses, it is owned by the Jumia Group.
The JumiaOne app not only acts as a payment gateway for Jumia Nigeria, the largest online retailer in Nigeria, but it also provides unsecured loans to its individual users.
On the JumiaOne app, users can get loans by scrolling down to the “Financial Services” section and selecting “Loans.” You receive your notice in 10 minutes or less, depending on your internet network, after providing all the needed information, including the payout details.
Depending on the user’s JumiaOne credit score, the JumiaOne app offers loans from N5,000 to N100,000 with tenors of 15–30 days and even longer. Users occasionally receive loans with interest rates of 15% for 15 days, but longer terms are more expensive and, in certain situations, might have monthly interest rates of up to 30% for first-time borrowers.
But it promises to offer bigger loans with lower interest rates on subsequent loans.

2. FairMoney Loan App

This is the first immediate loan application in Nigeria without a BVN that we are aware of. Without BVN, documentation, collateral, or guarantors, FairMoney provides immediate cash for personal finances, house rent, health emergencies, business needs, educational needs, and car repairs.
Depending on your creditworthiness, customers can borrow money from N1,000 to N150,000 within minutes of applying with a repayment term of 2–12 weeks.

3. Aella Credit Loan App

Aella Credit is the fourth-ranked online instant loan app in Nigeria without BVN and is a user-friendly digital lending platform. After you submit your loan application, Aella Credits will make an offer within 10 minutes for as little as N2,000 up to N1,000,000.
The Aella Credit app was initially developed as a platform for loans for employees of the companies in its network, but it is now also available to others who might require rapid loans to cover sudden expenses. It runs in Manila, the Philippines; Accra, Ghana; and Lagos, Nigeria.
In the same way that employees in its network only need their name and employee ID number to quickly access larger loan amounts with low interest rates, it also enables any registered firm to sign-up and join its networking.
Users’ borrowing limits grow and the interest rate decreases with each timely loan payback.
It provides customers with loans with terms between 30 and 60 days, with interest rates that begin at 30 percent per month but may drop to 4 percent after a certain amount of time if the customer keeps up good credit on the app.
The Aella Credit app offers corporate entities and private investors the chance to invest on its platform through its website, with yearly returns ranging from 15% to 48.0%, depending on the tenor.

4. Carbon (Paylater) Loan App

This ranks seventh on our premium list of Nigerian fast loan apps without BVN. One Finance & Investment Limited is the company that owns Carbon, formerly known as Paylater, which provides more than just rapid loans.
Aside from the fact that you may quickly apply for loans in the range of N5000 to N1,000,000 with terms ranging from 7 to 180 days, your account will be funded in 3 minutes after you complete your application using the app. You don’t need any documentation or collateral, including your ATM card information or your BVN.
The Carbon app’s recently added Cashback feature, which lets users borrow money and receive rewards worth up to 50% of the interest rate charged if the loan is repaid by the specified date, is one of its great features.
If you’ve maintained a strong credit score with them, it might even allow you to borrow money for a shorter period without any interest rate or for as little as 7.5 percent (monthly) (by repaying borrowed loan on or before due date).
Additionally, it offers customers the chance to invest money through the app interface in its payment portfolio, known as “PayVest,” which pays up to 16 percent interest annually on investments made in Treasury Bills and other money market instruments.
Although it is only currently available in Nigeria and Ghana, the Carbon app is quick, safe, dependable, and always available, even on public holidays. It recently passed the PCI-DSS compliance test, which verifies that organizations handling information have the proper safeguards in place to protect customers’ data.


There are several platforms where you can obtain a list without BVN in Nigeria. All you need to do is to make sure that the app is legit. You can make your choice from the list above to ensure that you are secure. Also, do not forget that your BVN should remain private and you have to be mindful of the platform you reveal it to.

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