Here Is The 5 Fastest Online Loan In Nigeria [ 2021 Rated ]

In this article am going to share with you, the five fastest online loan in nigeria. If you are In need of an instant online loan in nigeria, definitely this article is for you.

Online Loan

Nowadays, a lot of small business owners need some extra cash to solve their financial issues and keep the business active. Especially, during this pandemic of corona virus.

During this times in nigeria, getting money to run business (for small business owner) is very difficult.

I think the best alternative way to solve this is to get quick loan online.

Now the process of applying instant loans in nigerian banks is tedious (low) for small business owner that want to apply for small amount of loan.

That’s why I decided to make a research on how to apply for loan online in nigeria and get it instantly.

Fortunately, i found five fastest online loan in nigeria. Which am very sure that, it going to work for you.

Let drive in.

Palmcredit Loan

PalmCredit is fastest loan platform In nigeria. they allows everybody to apply a loan anytime, anywhere in nigeria. Palmcredit offers loans of up to NGN 100,000. within minutes using your mobile phone.

With PalmCredit loan app, is very simple to get a loan with no stress.

You don’t need to panic after hat your first loan, as soon as you repay the loan, your PalmCredit credit score will be updated.

And get a chance of apply more that the amount you first got. The the things is that, you have to repay them to let your limit grow to NGN 100,000.

How To Get Loan On PalmCredit.

To apply loan on PalmCredit, you have to register first, with your personal information. So first thing to is to download PalmCredit app.

Download PalmCredit App: Palmcredit App is available on google play store. And you can as well visit their official website to download the app.b

But if you want download the app on their site, you will need to provide your mobile number in other to get the app.

I will recommend download the app directly from Google play store.

Install from google play store ( Install Now).

Register on the app: Open the app ( after the installation), you are going to see instructions on how to complete the registration so follow it. And Provide all the information they need from you.

Then verify your phone number. (Using the code that they will send to your mobile phone while registering).

Apply for Loan: now apply for load after the successful of the registration process, as simple as that.

Also, See:

Note that you will not get NGN 100,000 for the first time. So you have to satisfy with the amount you are eligible for. Then after you repay the loan, you will get a chance to apply for more.

Wait for approval: Once you submitted the loan application, you have to wait for some minute to get the loan approval by PalmCredit teams.

The approval does not take too long. But make sure that all the information you provided is correct.

After the approval, you will receive the loan instantly. And do anything with the money.

For more details about how PalmCredit loan app works, contact PalmCredit teams through their:

  • Service Hotline: 017001000
  • Service Email:

You can even chat with them on facebook

Branch Loan

Branch is a leading loan platform in nigeria. It best place to get an instant online loan in nigeria.

Branch is very fast and easy online loan platform in nigeria. It really help individual or small business owner to sort out their financial issues at the right time.

The branch company operates in four different countries, Nigeria, Kenya, Mexico, India, and Tanzania. Which they are legit, they know what they are doing.

This platform was launched in the your 2015 located in nigerian in the year 2017.

Now, they have over 1.2 million registered users and over 1 million loans disbursed, the worth is over N9 billion in Nigeria only. Talkless of other three countries.

How To Get Loan On Branch

Getting loan from branch is very easy and it can be done within 25 minutes, so follow the steps below.

Download Branch Loan App:  Branch official mobile app is available on Google Play Store. And it can also be download from their official website.

Create an account: Open the app and and fill out the form. Make sure you provide the details to avoid delays before receiving your loan.

Once you successful created your loan account, you can now apply for loan. Note that, there will be amount you’re eligible to receive as loan for the first time.

So apply for the amount you are eligible for and you will receive the money in your bank account within 24 hours.

Quickteller Loan

Quickteller is a mobile money platform that offer some bank service. Which means, with quickteller you will be able to make online transactions like: sending and receiving money from banks and other mobile money platform, buy or sell airtime, help people to pay bills and other services.

Quickteller offer loan for their agents and users as well. So If you need a fastest online loan in nigeria, Quickteller has got your back. 100% trusted by millions of people.

How To Get Loan On Quickteller

Before you can apply for a Quickteller loan, you will have to register on their website to get loan on quickteller platform so follow the steps below.

Install Quickteller App Or Visit Site: open your google play store and install Quickteller official app or visit their website

Sign Up: The next things to do is to sign up by filling in your details such as your name, email address, strong password, and phone number.

Verify your account: Now, After you fill in your information, you will receive an OTP on the phone number you provided to verify your account.

Sign In: The next things to do after the verification is to sign in to your Quickteller account and then add your bank details.

Apply For Loan: You can now apply for a loan from your smartphone after add your bank details.

Now dial *3226# on your phone and follow the instructions to apply for the loan. You can as well apply for the loan through their official mobile app.

And the app available for both Android and IOS users.

Wait for approval: in approval section, you don’t need to worry yourself. The approval won’t take much time the information you provided is correct, your request will get approved, and you will receive the money.

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And to Pay back is very easy. You can conveniently repay your loans through your bank account, ATMs or the Quickteller app.

FairMoney Loan

FairMoney is best online loaning platform in nigeria, that offers register users a stress-free way of loaning.

FairMoney was launched in the 2018. It was created for lending people money. And they have over one thousand five hundred (1,500) loans daily to citizen of nigeria.

FairMoney It is fast, reliable and secure. It has an android mobile banking app that created for applying loans and paying bills and it very fast and easy to use for everyone.

With this company, you will be able to apply and get instant loan up to NGN 500,000. And you don’t need any paperwork to do this, within five minutes.

How To Get Loan On FairMoney.

  • Download their app from Google Play Store ( Install Now
  • Sign up with your mobile number.
  • Apply for loan after verify your account.
  • Then get credited with the money in your bank account. That’s all.

Paylater Loan

Paylater is an entirely online loaning platform in nigeria, that provides loans to individuals and small businesses owner in our country (nigeria).

This will help people solve their business financial issues.

Paylater offer up to NGN 500,000 loan with no paperwork. Once your then loan application you submitted is approved by their teams, you are going to received the money within three days.

Make sure you repair on on time so that it can grant you access to more credit limits in case you want to apply for loan from them again.


Here are the results of my research, make sure you read their Terms and Conditions before submitting your application.

What is your thoughts on this article? I will like to hear from you guys, feel free to drop your comment through the comment section

Also, See:

ALAT By Wema Loan 2021: Get Your First Loan On Alat App Right Now.

Kuda Loan Review 2021: Get Your First Loan On Kuda Right Now.

Skystone Capital loan: Here Is How To Get Your First Loan From Skystone Capital In 2021.

And please don’t forget to share this article with your family and friends.thanks.

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