Naira Land is a Loan Platform that provide Nigerian mobile users with convenient lending services.
Are you in need of urgent loan and you wonder if you can easily get it without facing the regorious process of trying to verify your information before you get the loan? Naira land Loan App is here for you.
With simple steps and minimal documentation, you can get access to loan products which is 100% online process.
Once approved, the loan amount will be immediately transferred to the applicant’s bank account.
Loan application process is secure and safe. Naira Land Loan will never share your information with any third-party without your permission.
Naira Land Loan App Features
One of the standout features of Naira Land Loan app is its commitment to providing accessible financial solutions without the traditional hurdles of credit history checks.
Here are some key highlights:
No Credit History Required
Naira Land welcomes all Nigerian citizens, regardless of their credit history, making it inclusive and accessible to a broader audience.
High Loan Amounts & Low Interest Rates
Naira Land offers substantial loan amounts ranging from NGN 2,000 to NGN 200,000, accompanied by competitive interest rates, ensuring you get the financial boost you need without breaking the bank.
24/7 Access to Loans
The platform operates round the clock, so you can apply for a loan whenever you need it. Your financial needs won’t wait, and with Naira Land, they don’t have to.
Swift Approval Process
Naira Land employs an automated review system for loan applications, ensuring that approvals are processed quickly, sparing you the anxiety of prolonged waiting times.
Naira land Loan Products:
1. Tenure: From 91 days to 365 days.
2. Loan Amount: From NGN.2,000 to NGN.200,000.
3. The maximum Annual Percentage Rate (APR) is 36%.
4. Origination fee: From 1% to 9%.
For example, if a customer borrows ₦10,000 for 365 days (12 months), the APR is 20% and the origination fee is 5%.
Naira land Loan would charge the customer ₦ 10,000. 20% = ₦ 2,000 as interest of 365 days repayment period and ₦ 10,000 5% = ₦ 500 as origination fee.
Total amount of repayment is ₦10,000 + ₦2,000 + ₦500= ₦12,500.
As the repayment period is for 12 months Monthly repayment is ₦10,000/12+ ₦10,000*20%/12 + ₦10,000*5%/12= ₦1041.67
Who Can i Apply For Naira land Loan?
Naira Land Loan is designed to be inclusive, and the eligibility criteria are straightforward: Below are some of the requirements for naira land loan.
- Nigerian Citizens.
- Individuals aged 18 years or above.
- Salaried or self-employed individuals with a regular source of income.
How To Apply On Naira Land Loan App
Applying for Naira Land Loan is very easy and anyone that can access internet can do it.
Below are the simple steps to follow.
- Download the Naira Land App from the Google Play Store and install it on your mobile device.
- Register with your phone number, ensuring a quick and secure setup.
- Fill in your basic information as prompted by the app.
Once your loan application is submitted, the app will provide you with the final result.
If approved, the loan amount will be swiftly disbursed directly into your bank account, putting the funds at your fingertips for whatever financial need you have.
How To Contact Naira Land Loan Customer Support
Naira Land Loan values its customers and is committed to safeguarding your information.
If you have any questions or concerns, their dedicated customer service team is ready to assist you. You can reach out to them via email at [email protected].
In conclusion, Naira Land Loan emerges as a reliable and accessible financial solution tailored to the needs of Nigerian mobile users.
Whether you’re looking to cover unexpected expenses, invest in opportunities, or simply bridge financial gaps, Naira Land is your partner on your financial journey, offering convenience, transparency, and reliability when you need it most.
Download the Naira Land Loan App today and unlock a world of financial possibilities.
