Nairabag Loan APK Download icon

Nairabag Loan APK Download for Android Free Download

v1.0.2 for Android
Updated On:
Jan 10, 2024

Nairabag Loan APK Download is a new loan company in Nairabag that offers undocumented personal loans.

Despite mixed reviews, the app has been downloaded over 10,000 times on the Google Play Store. It uses credit programs to collect information about potential customers, including phone records, bank transaction alerts, and BVNs, to determine a credit score for each borrower.

You can get more if you keep your bank statements up to date and have no outstanding debts on other credit applications.

It is easy to implement. Just download the app from the Google Play Store and enter some information about yourself.

 About Nairabag Loan APK Download

Nairabag Loan APK Download offers people a quick and easy way to get cash advance.

The loan can be used for bill payments, product purchases, P2P transfers, airtime purchases, and cash withdrawals from mobile phones.

Feature of Nairabag Loan APK Download

To be eligible for Nairabag Loan Apk Download, you must fulfill the following requirements:

  • Age above 18 years.
  •  Save your bank account number.
  • Get full payment details by downloading the Nairabag Loan APK Download.
  • APK Download No Outstanding Nairabag Loan.
  • Clients who already have an open loan will not be able to take another loan.
  • Clients should be informed that the money borrowed will be automatically debited from their bank account when the loan becomes due.
  • Clients should also be informed that they can start repaying the loan early.
  • In case of partial payment, the service charges a commission to the client.

After expiry, all outstanding loans are automatically extended for another month.

This condition should be communicated to the customers while confirming the loan and in an SMS reminder. This is also mentioned in the General Terms and Conditions.

How to Apply for Nairabag Loan APK Download Process

On the Nairabag Loan APK Download portal, interested applicants can quickly complete the loan application process in three steps:

  • Go to the QuickTeller login page and enter your login information;
  • Click Loans on the dashboard to view the loan category.
  • Then click on "Loan Application";
  • Select Nairabag Loan APK Download from the drop-down menu and enter the loan you wish to take.
  • Select the bank account to deposit the money and continue.
  • Enter your password to confirm the transaction.

Once the transaction is completed, you will receive the credit within minutes depending on the availability of your bank's network. You will also get a message confirming the approval of your Nairabag Loan APK Download.

What is the maximum amount I can borrow?

The loan amount varies depending on DYA and airtime usage. During the loan application process, you will be informed of the loan amount you are entitled to. As the loan is repaid on time, the available loan amount increases. This table summarizes the loan amount, fees, and payments.

How do I pay Nairabag Loan APK Download?

The loan amount will be automatically debited from your Diamond Yellow account on the agreed due date. Another method is to pay off the loan in full at any time by selecting the Nairabag Loan APK Download menu.

Customers should be advised that the amount borrowed will be automatically debited from their Diamond Yellow account on the due date.

Customers should also be informed that they can start Nairabag Loan APK early.

If you make a partial payment, the service calculates the fee first and then the remaining amount

Loans that are not repaid are automatically extended for one more month after the due date. This condition should be communicated to the customers at the time of loan confirmation and through SMS reminders.