Naira9ja Loan App

– Naira9ja Loan App, How to Apply, Requirements and More –

Every single day, the need for loans to fund personal and business projects increases. Out of the numerous online platforms offering solutions to the problem of loans to eligible users, Naira9ja is one of them.

In this article, we will deeply look into what Naira9ja is, how it works, how to obtain loans from them, and every other thing you need to know about Naira9ja.

What Is Naira9ja?

Naira9ja is an online platform providing instant personal loans to its users who meet the criteria and requirements. Naira9ja is secure and reliable. It offers short-term personal loans with a repayment plan of 8 days for first-timers. The process of loan application is easy, less of stress, and completely online.

How Does Naira9ja Work?

Just like other online loan apps, Naira9ja offers quick loans to its users. You can borrow as small as N5, 000 to as much as N500, 000. The application process is easy and requires a few minutes.

No collateral or guarantor is needed. All you have to do is to sign up with the platform, meet the requirements, submit your application and wait for your loan to be disbursed if approved.

Therefore, since collateral and other paperwork are not needed, some basic requirements have to be met. What are those requirements and criteria for obtaining loans from Naira9ja?

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Requirements And Criteria For Obtaining Loans From Naira9ja

To collect loans from The Naira9ja loan app, here are the basic requirements;


Age is an important requirement for securing a loan in the Naira9ja loan app. You should be up to 20 years if you want to obtain a loan from Naira9ja. Anything below 20 years is unacceptable.

Reliable Source Of Income

Having a steady source or stream of income is the second requirement. It could be your business or your salary as an employee.

If you do not have a reliable source of income, how can you be able to pay back?

With this criterion, Naira9ja would be well convinced that you can pay back the money you borrowed without being pushed.

Bank Verification Number

Your Bank Verification Number (BVN) is your unique 10-digit number.

Your BVN is important to Naira9ja in getting the history of your bank transaction. Also, it is used to trace financial crimes in the banking and finance sector. Naira9ja will offer you loans without collateral but not without BVN.

A Bank Account

Another criterion for getting a loan from Naira9ja is an active bank account. This is where your loan will be sent the moment it is approved by the Naira9ja loan app. In addition, your bank account must be with any of Nigeria’s commercial banks.

Read Also: Loan Apps Without BVN in Nigeria

A Valid Phone Number And Email Address

With your mobile phone number and email address you will be able to receive SMS, security codes, and verification codes from Naira9ja.

Have it in mind that the phone number should be yours, valid, and linked to your National Identification Number (NIN) which acts as a confirmation.

Place Of Residence

To request a loan from Naira9ja, you must live in Nigeria. Just like the platform’s name “Naira9ja” which clearly shows it is a Nigeria-based loan app.

Debt Free

Yes, this is very important. You can not be owing other loan apps and expect Naira9ja to offer you theirs.

To be qualified for Naira9ja instant loan, you need to settle yourself with other loan apps and confirm you are debt free.

Naira9ja Loan App

If after going through the requirements and criteria we discussed earlier and you found yourself eligible for Naira9ja instant loan, the next step is to get the app. The Naira9ja instant loan app is currently available only to Android and iOS users.

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It is highly rated by over 10, 000 users and downloads. Yes, it is rated 4.3 out of 5.0 on Play Store. This goes to show you how simple the features are and easy to navigate.

To crown it all, you do not need much data to get it  Just with 8 MB, you have your Naira9ja loan app on your application list.

After downloading the loan app what is the next step? Create your Naira9ja loan account.

How To Create An Account On Naira9ja Loan App?

Follow the steps below to create an account with Naira9ja;

  1. Launch your app. By launching your app we mean you should tap on the app.
  2. You will be given two options to either login into your account or create an account. Since you do not have an account with Naira9ja, you should opt for account creation.
  3. Put in your valid email address or phone number. Wait for a few minutes to get a confirmation code.
  4. Input the confirmation code to continue with the account creation.
  5. Once you are done with that, move to fill in the blanks with the appropriate personal information.
  6. Set your password, confirm it and proceed to accept the terms and conditions of the app.
  7. Grant Naira9ja access to your contacts.
  8. Your account is created!

How To Obtain Loan From Naira9ja Loan App

Here are the steps to apply for your desired loan from Naira9ja instant loan app.

  1. Launch your app and move to the loan application section.
  2. Fill in your details.
  3. Add the amount you want to borrow and your bank account. Note, that you can borrow from N5,000 to N500, 000. However, as a first-timer do not go for a larger amount.
  4. Once you are sure you have completed the blanks provided in the application form, submit and patiently wait for the approval.
  5. If your application is approved, you’ll get a confirmation SMS and your funds will be disbursed into your bank account instantly (in a few minutes).
  6. Proceed to the nearest ATM stand to withdraw the money and solve your problems.

How Much Can I Request From Naira9ja Loan App?

If you need personal loans to meet emergencies and needs, the Naira9ja loan app is at your instant rescue.

You can borrow a minimum amount of five thousand Naira (5,000) and a maximum amount of five hundred thousand Naira (500,000).

Can I Get A Loan Without Collateral From Naira9ja?

Yes, you can get an instant loan from the Naira9ja loan app without collateral. You do not need much documentation to obtain a Naira9ja loan.

However, you need to meet its requirements and criteria for you to be eligible. Requirements like your BVN, a valid phone number, an account with any of Nigeria’s commercial banks, and a citizen of Nigeria, and above 20 years.

Read Also: How to Apply Loan on Kiakia

Naira9ja Repayment Loan App

You are the one to set your repayment plan according to your ability.

Yes, you have to choose your repayment by yourself. However, the repayment duration is usually 91 days (3 months) to 365 days (12 months).

Remember, the Naira9ja loan app provides short-term personal loans hence, the short repayment duration.

How To Repay Your Naira9ja Loan.

Repaying your loan on time is a great way to show gratitude and your trustworthiness to Nthe aira9ja loan app.

The following steps will guide you to repay your Naira9ja loan in a few minutes.

  • Launch your Naira9ja loan app and move to the loan repayment page.
  • Input your details including your bank account number using your debit or credit card.
  • Select the amount you want to pay back and then submit.
  • You will receive a confirmation SMS from Naira9ja and a debit alert from your bank.

What Happens When You Do Not Repay Your Loan On Time?

If you fail to repay the loan you obtained from Naira9ja following your repayment plan, you would have to pay a penalty of 2% interest per day on your loans following the repayment plan.

To be on the safer side, do these:

  • Set your repayment plan to be convenient for you.
  • Then strive to meet up with your plan to avoid an additional 2% interest per day as a penalty.

Naira9ja Loan Interest Rates

Naira9ja loan app interest rate is relatively high. Its interest rate is between 15% to 25%. This means it is dependent on the amount you borrowed.

However, for a six months repayment plan, your interest rate will be 19%.

In addition to that, failure to repay your loan on time would lead to a penalty of 2% daily.

Is Naira9ja Loan App Real?

Yes, the Naira9ja loan app is real and reliable. They offer instant loans to their customers.

Naira9ja Head Office And How To Contact Them

The head office is sited at Plot GA 1, Ozumba Mbadiwe Ave, Victoria Island, Lagos State, Nigeria.

You can also contact them through their email address via

Concluding Thoughts

Naira9ja is a secured and reliable loan app that offers quick personal loans to users who are qualified and eligible without collaterals or guarantors.

Download the Naira9ja loan app from the Google Play store, create an and apply for a loan following the guidelines we gave earlier. Do not let that project fizzle out!