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Instant Money (Renmoney Loans)

With the Instant Money Loans app, you can access collateral-free Zedvance loans of up to N5million anywhere, a...

Free

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With the Instant Money Loans app, you can access collateral-free Zedvance loans of up to N5million anywhere, anytime with zero hidden charges.

Customers can enjoy loan tenors up to 24months at Annual Percentage Rate (APR) of 34.8% - 365%.

For example: If a customer borrows NGN100,000 for 6-months, we will charge an interest rate of 2.9% per month at an APR of 34.8%. A processing fee of NGN1,900 (that is 1.9% of the amount requested) will apply as well as six monthly repayments of NGN 19,566.67. This gives a total repayment of NGN 119,300.02.


To get started, simply:
1. Download the app.
�2. Click on “Create Account”.�
3. Provide relevant details (please register with the phone number linked to your BVN).�
4. Apply for your preferred loan amount.

Last update

Dec. 29, 2019

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