Home Finance Loan Apps without BVN In Nigeria (Best 7 you can try now)

Loan Apps without BVN In Nigeria (Best 7 you can try now)

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This article contains the list of loan apps without BVN in Nigeria. It is possible to get loans in Nigeria without submitting your BVN. Yes, you might be in hurry to get a loan that will not ask you to submit your BVN till the loan gets disbursed to you.


What is BVN?

BVN stand for Bank Verification Number which is a biometric identification system implemented by the Central Bank of Nigeria. And sometimes you might have an issue with your BVN maybe the number you linked with it was lost or some name issue with your bank.

There are a lot of issue people do encounter on BVN and you might want to borrow a loan and have some issues with your BVN. You can try these 7 loan apps out to take the loan


7 Loan Apps without BVN In Nigeria

1. CarrotPay

CarrotPay is No 1 on our list. It is a fast loan app that offers help in emergencies. You can access as much as NGN50,000 for a loan tenure of one to six months.

Another beauty of this app is that its interest rate is low. To be eligible to get a loan from CarrotPay, you have to pass some automated checks where your credit score will be accessed. If your credit score is proven to be good, you will be quickly disbursed a loan within minutes.

The credit scoring algorithm calculates the interest rate. It is usually a minimum of 3% and 10% maximum monthly, which translates to an Annual Percentage Rate (APR ) of 36% to 120%.

Download CarrotPay on IOS App Store

2. Aella Credit

Aella Credit is another loan app without BVN in Nigeria that has been proven reliable. With Aella Credits, you can borrow as low as NGN2,000 and as much as NGN1,000,000 within minutes of approving your loan application.

Allea Credit operates in Lagos, Nigeria, Manila, Philippines, and Accra, Ghana.

Download Aella Credit on Google Play Store
You can also download Aella on IOS App Store

3. JumiaOne Loan App

JumiaOne is a multi-purpose android app owned by Jumia Group. It doubles as one of the best loan apps without BVN in Nigeria.

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JumiaOne serves as an online payment platform for Jumia Nigeria, and you can also access loans ranging from NGN5,000 to NGN100,000 for a repayment period of 15 – 30 days without collateral.

The repayment duration can be extended depending on your credit score with JumiaOne.

Sometimes, a loan for a tenure of 15 days attracts an interest rate of 15%, while longer tenures accrue a higher interest rate of as much as 30%.

Download JumiaOne Loan App on Andriod

4. Eyowo

With just a functional phone number, you can access quick loans in Eyowo. Eyowo is one of the reliable loan apps without BVN in Nigeria that gives you loans without documentation or collateral.

On Eyowo, your phone number serves as your account number. All you have to do is to take off the first zero.


With Eyowo, you can easily spend, save, and borrow money by dialling the USSD Code, “*4255#,” on your registered phone number.

5. ALAT By Wema

As long as you have an account with Wema bank, you can easily access quick loans via the ALAT platform without BVN or documentation.

ALAT gives you the choice of having a free customized Naira ATM card and a virtual dollar card for your online transactions. Also, you can perform full fledge banking functions like sending, receiving, payment of bills with the ALAT platform. You must have an active account with Wema to use the ALAT platform to borrow money.

Download the ALAT App on Google Play Store

You can also download ALAT app on IOS Play Store.

6. Quickteller

Quickteller is one of the most reliable loan apps without BVN in Nigeria. Quickteller gives you access to quick and urgent cash that helps you to settle emergencies or urgent needs. The interest rate is as slow as 15%.

To get started, all you have to do is to download the Quickteller app and click on register you will be asked to submit details such as your full name, email, phone number, and password during registration.

Then you can proceed with taking there loan.

Download Quickteller app on google playstore

You can Download Quickteller on IOS App store

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7. OKash

Okash is one of Nigeria’s best and fast loan apps without BVN. Also, you don’t have to submit any collateral or go through any paperwork to access the loans. It only requires minimal documentation during registration.

Okash is always available, and you can access it 24/7. It is a fast lender that quickly disburses the loan within minutes upon approval.

The Okash app is only accessible through the Opay mobile app, owned and regulated by Opay Digital Services Limited/Paycom. However, the OKash is independent of Opay Digital Services and is owned and regulated by Blue Ridge Microfinance Bank Ltd.

Using the Okash app. You can access loans as low as NGN1,500 and as much as

NGN50,000 for a loan tenure of 7 to 90 days. The interest rate ranges from 10 to 24% monthly. However, once you become a consistent user of the app, you will begin to get bigger loans for lower interest rates.

Download the Okash app on Google Playstore .


Before choosing the loan app without BVN in Nigeria, you must run a background check on them. Go to the Google Play Store wall and read customers’ reviews. Ensure you read their terms and conditions and you are okay with them. One thing you should look out for is hidden charges. Go for loan apps without hidden charges.

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