10 Best Loan Apps in Nigeria Without BVN
FairMoney Loan App
Okash (via Opay)
Carbon Loan App
Jumia Pay Loan App
GoCash Loan App
Aella Credit Loan App
Quickteller Loan App
Eyowo Loan App Loan App
ALAT by Wema Loan App
Palmcredit Loan App
Gtbank Loan App Loan App

1. FairMoney
The Fairmoney loan app offers loans without BVN.

You can get a loan of up to ₦300,000 in 5 minutes without any need for a BVN check.

If you take a loan of ₦10,000 for 2 months, you’ll pay back at an interest rate of 2%.

The loan application process is simple. Download the app from your app store, submit your application, and get approval. That’s it!

2. OKash
OKash, part of Opay Digital Services Limited, offers micro-loans for short-term needs without requiring a BVN.

It allows users to borrow up to N50,000 at interest rates of around 10% to 24% per month, and the loan term can last up to 60 days.

The application process is simple and quick, often completed within minutes​​.

3. Carbon
The Carbon loan app is a loan app without BVN in Nigeria.

You can get loans ranging from ₦1,500 – ₦1m within minutes on the Carbon Loan app without submitting your BVN.

The interest rates range from 1.75% to 30% and you can make repayments over up to 64 weeks.

For instance, if you get a 3-month loan of ₦50,000, you’ll pay an interest of 2% per month.

3. Jumia Pay
Jumia Pay is a service of the popular e-commerce platform Jumia.

It provides various financial options, including a loan without BVN.

It offers competitive interest rates starting from as low as 3.5% per month.

It also offers flexible repayment terms from 15 to 60 days.

Loans are instantly disbursed, and user privacy and security are prioritized​​.

4. GoCash
GoCash offers long-tenor, low-interest loans without BVN submission.

The loan period is at least, 61 days and most, 180 days.

The app offers a 0% service fee and an interest fee of 33% which is quite high.

If you take a loan of ₦20,000 from GoCash for 120 days, you’ll pay ₦5,000+ as interest monthly.

5. Aella Credit
With Aella Credit, you can get an online loan without BVN.

You can also get a collateral-free loan of up to ₦1m within 5 minutes on the Aella Credit Loan app without your BVN.

Loans are repaid at an interest rate of around 22%.

To learn more about these loans, check them out here - https://www.loanspot.ng/loan-without-bvn/
Also, if you're interested in some loan apps with low interest rates check this out too - https://www.loanspot.ng/loan-apps-in-nigeria-with-low-interest-rates/