Yes, Renmoney is legit and has been giving out loans for a while now. Although their interest rate is kind of high, but you can easily get a loan of 50,000 to 6 million, as long as you meet their requirements.
Besides, Which bank gives personal loan easily?
HDFC Bank offers loans with EMIs starting at Rs 2,162per lakh. Check the Personal Loan EMI Calculator to plan your repayment better. It’s easy: Getting a Personal Loan from HDFC Bank is easy, especially if you have your documents in order and you have a good credit track record.
Also, How many customers does Renmoney?
To date, this approach has attracted a customer base of more than 25,000 people. The evolution of the financial services industry is expected to continue for the foreseeable future and Renmoney says it will continue to adapt to the changing environment.
Herein, How much interest does Palmcredit charge? Palmcredit interest rate is between 14% to 24%, Equivalent Monthly interest 4%~4.7%, the Annual Percentage Rate (APR) on a Palmcredit loan is 48%~56%. The loan term is between 14 days to 180 days. You can borrow up to ₦100, 000 from Palmcredit. Also, note that you can adjust the maximum amount at any time!
How can I get a loan from GTBank?
How to Apply
- You can request for Quick Credit instantly by dialling *737*51*51#
- Quick Credit is also available on all GTBank online and mobile banking platforms (Internet Banking, GTWorld, GTBank Mobile App and Habari App)
25 Related Questions and Answers
How can I get personal loan without salary slip?
Can I get a personal loan without a salary slip?
- You can validate your income by producing other financial documents like bank account statements, income certificate, Income tax returns or Form 16.
- You can jointly apply for the loan with another applicant, who could be your family member.
Who is the owner of Renmoney?
The Chief Executive Officer (CEO) of Renmoney Microfinance Bank Limited, Oluwatobi Boshoro, has resigned from her position just 10 months after her appointment. The company’s Chairman, Kieran Donnelly, has also stepped down from the role.
Is my BVN safe with Renmoney?
We need your BVN because it is a KYC (Know Your Customer) requirement by the CBN for all financial institutions (including Renmoney). We use the most advanced encryption techniques to ensure the security of data provided to us by you so, your information is secure.
Were can I borrow money?
- Banks. Taking out a personal loan from a bank can seem like an attractive option. …
- Credit unions. A personal loan from a credit union might be a better option than a personal loan from a bank. …
- Online lenders. …
- Payday lenders. …
- Pawn shops. …
- Cash advance from a credit card. …
- Family and friends. …
- 401(k) retirement account.
What is the best loan app in Nigeria?
5 Best Loan Apps in Nigeria today
- ALAT. Nigeria’s first-ever fully digital bank is the first on this list of best loan apps in Nigeria. …
- Carbon. Previously known as PayLater, this simple lending platform gives access to loans within minutes. …
- Branch. …
- PalmCredit. …
- AellaCredit.
How do you make money with Palmcredit?
You can make money on Palmcredit using the referral effect, this method involves sharing your referral link with friends on WhatsApp, email, SMS etc. To do this, Log on to your app.
How do I apply for a Paylater loan?
Just follow the steps below to apply for a Paylater loan:
- Download the Paylater app here.
- Register your personal details.
- Choose your desired loan amount and duration.
- Submit your application. You will get a loan decision in seconds.
- If approved, your account is credited within 5 minutes.
What is the code to borrow loan from GTBank?
Use the GTB loan code – *737*8*2# Visit any branch of GTBank or ATM.
How much loan can I get if my salary is 15000?
Here taking a salary as ₹ 30k, & without any fixed monthly obligation, you can pay a maximum of ₹ 15,000 as EMI considering 50% FOIR. If the interest rate is 10% per annum, the loan amount eligibility can be arrived at ₹ 17,09,806 using a home loan eligibility calculator (assuming 3 household members).
Where can I borrow money easily?
- Banks. Taking out a personal loan from a bank can seem like an attractive option. …
- Credit unions. A personal loan from a credit union might be a better option than a personal loan from a bank. …
- Online lenders. …
- Payday lenders. …
- Pawn shops. …
- Cash advance from a credit card. …
- Family and friends. …
- 401(k) retirement account.
Can I get loan without salary?
If you are self-employed, a freelancer, earning in cash, or working on contract, you may seek to get a personal loan with no salary slip. In such cases, you need to produce other financial documents to validate your income. This may take the form of an income certificate, bank account statements, ITR or Form 16.
Which app is best for loan without salary slip?
Loan Without Salary Slip? Top 7 Instant Loans Apps In India
- Kredit Bee. ¨If you are above 18 years, you can use Kredit Bee for instant loans starting from as low as Rs 1,000 to Rs 1 Lakh. …
- Indiabulls Dhani. …
- Money View. …
- Money Tap. …
- Early Salary. …
- Pay Sense. …
- CASHe.
Can I borrow money from my bank?
Generally, to get a bank loan you’ll need to be an existing customer with good credit. If your bank does offer loans, you’ll need to assemble your paperwork, get clear on the terms of the loan, and make sure you have a plan to pay it back.
Where can I borrow money in Nigeria?
8 money lending platforms in Nigeria and their interest rates
- Paylater. Paylater is a quick online lending platform that offers short term loan without collateral for urgent needs and expenses. …
- Renmoney. …
- Aella Credit. …
- kwikmoney (Mines) …
- Rosabon Finance Quick Loan. …
- Zedvance. …
- Page Financials. …
- FINT Loan.
How do I borrow money from MTN?
Steps to apply for MTN QwikLoan
- Dial the short code *170# on your MTN Handset.
- Choose option 5 to access Financial Services option.
- Choose option 3 for loans.
- Choose option 1 for Qwikloan.
- Choose option 1 for Request Loan.
- Choose your loan amount.
- Confirm your repayment plan (Number of days to pay back)
How can I get quick loan in Nigeria?
How to Apply for a Loan:
- Visit the JumiaPay Android app.
- Scroll down to the ‘Financial Services’ section and click ‘Loans’
- Provide all the requested information.
- Approval takes a few minutes and you get an email requesting for your details for disbursement.
How do I get a loan from Paylater?
Just follow the steps below to apply for a Paylater loan:
- Download the Paylater app here.
- Register your personal details.
- Choose your desired loan amount and duration.
- Submit your application. You will get a loan decision in seconds.
- If approved, your account is credited within 5 minutes.
How do you use Renmoney?
See how it works
- Apply. Choose your loan tenure & amount then share some information about yourself.
- Verify. Verify the information that you’ve. provided.
- Receive your funds. Sign your documents and get the money in your bank account within 24 hours, if your loan is approved.
