Renmoney loan application form: Do you want to know how to apply for renmoney loan? If yes, keep reading.
Renmoney is a Microfinance Bank based in Ikoyi, Lagos,
Nigeria. Founded in 2012, Renmoney has built a reputation for giving loans without collateral or guarantors to both Nigerian business owners and employees alike.
On this website, I will share important information about renmoney loans and how to apply.
Renmoney Loan Requirements
• Must have Bank Verification Number ( BVN ).
• must be above 22 years
• Must have Government issue I’D card ( NIN, Driver’s License, Voter ID, International Passport ).
• Six months Bank Statement of Account
• 2 Recent Passport
• Nepa Bill
• Must Have an existing Bank Account
• must have a source of income
• must have Tax or pension I’D
• Must be Lagos Residents
How To Apply For Renmoney loan
Follow the below procedure to apply for a Renmoney loan.
1. Visit the Renmoney loan website here
2. Fill Renmoney loan application Form.
3. Register
4. Login
5. Apply For a Loan.
How much can I borrow From Renmoney ?
You can get up to ₦6,000,000 (six million naira) for up to 24 months.
Why does Renmoney need my BVN
This is a CBN policy applicable to financial
institutions as part of KYC requirements.
FAQs
How do I apply for a loan from Renmoney?
To apply for a loan from Renmoney, visit their official website or download their mobile app. You will need to fill out an application form, providing personal details, financial information, and the loan amount you’re requesting. After submitting the application, Renmoney will assess your eligibility and determine if you qualify for the loan.
What are the requirements to get a loan from Renmoney?
To be eligible for a loan from Renmoney, you must be at least 22 years old, a Nigerian citizen, and have a stable income. You will also need to provide a valid means of identification (such as a National ID, passport, or driver’s license) and proof of address. Renmoney may require additional documents based on the loan type and amount.
How long does it take to get a loan from Renmoney?
Renmoney typically processes loan applications quickly, with some applicants receiving approval within minutes. However, it may take up to 24 hours for your loan to be disbursed, depending on the loan type and the completeness of your documentation.
Can I apply for a loan from Renmoney if I have a bad credit score?
Renmoney does consider credit scores as part of the loan approval process. However, even if you have a low credit score, you may still be eligible for a loan if you meet other requirements such as a steady income and proof of good financial management. It is always worth applying to see if you qualify.
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