Android 6.0 and up
April 28, 2022
Information About RapidNaira app
RapidNaira app consumer loan app Get up to ₦500,000 through our secure application and obtain your loan decision in minutes. Get money within 24 hours of binding your checking account. Payback on time and double your credit line within two months.
Who can apply RapidNaira
1. Any Nigerian resident and citizen over 18 years old.
2. Have a legitimate identity document and cell phone number.
How does it work?
1. Download the BeNaira application.
2. Fill in our short-term application.
3. Confirm the loan amount and maturity you want.
4. Send funds to your bank account
5. you’ll pay in full or in part at any time before the due date.
RapidNaira Loan rates and costs
Loan Amounts: ₦ 5,000 to ₦ 500,000
One-time service / interest fee: 2%- 35%
Maximum Annual Percentage Rate (APR): 66.21% – 270.44%
Late fee: a one-time fee of 8% of the outstanding amount due
Minimum repayment period offered = 61 days
Maximum repayment period offered = 180 days
For a borrower who takes a ₦ 40,000 loan for our 61-day term, they might owe a service/interest fee as low as 14%, which might be ₦ 5600, for complete payment of ₦ 45,600.
₦ 40,000 (principal) + ₦ 5600 (service / interest fee) = ₦ 45,600 (total payment)
Service Times: 9:00 – 18:00
Email: [email protected]
Address: 2-1 EDE STREET 1285 APAPA NIGERIA
What's new for RapidNaira appprimera versión
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