How to Get a Loan Without BVN In Nigeria

A Bank Verification Number (BVN) is a unique identification number that financial services such as banks use to regulate user financial details. It is an important aspect of banking, but sometimes not everyone is interested in giving out such information. Hence the reason for this article “How to Get a Loan Without BVN In Nigeria”.

How to Get a Loan Without BVN In Nigeria

How to Get a Loan Without BVN In Nigeria

Lenders do make the BVN a prerequisite to getting a loan. However, there are still legit loan apps in Nigeria that can lend you money without your BVN and collateral. We are going to see these loan apps below and how to Get a Loan Without BVN In Nigeria. So, if you have no interest in providing your BVN to loan apps, you can scroll down. But, first, we are going to show you the loan platforms you can use without BVN.

Loan Apps Without BVN In Nigeria

The loan apps that give out loans without BVN have been outlined below. You can check them out.

Aella Credit

Aella Credit is a popular loan app in Nigeria. With Aella Credit, you do not need to provide a BVN to loan money. You can get Aella loans for as low as N2,000 Naira and as high as N1,000,000 Naira. Also, their loan approval and disbursement process are really fast. When you apply for a loan, you can be disbursed in 10 minutes after applying.


Fair money is a top loan platform where you can get personal loans in Nigeria. You can borrow money with the app without BVN or even collateral. Through the Fairmoney loan app, you can get loans of up to N1,000 to N150,000 featuring a repayment period of 2 – 12 weeks. However, this depends on the loan amount. Fair money gives out loans based on the creditworthiness of the borrower.

Okash Loan App

Okash is a mobile application owned by Opay Digital Services Limited, which is a digital microfinance bank in Nigeria. The app offers free transfers and cashback on transaction activities. It is one of the most trusted apps in Nigeria that offers loans within minutes without BVN.

Jumia Pay Loan App

Jumia Pay app is a lending platform that doesn’t require BVN in Nigeria to lend money to borrowers. To apply for a Jumia Pay loan, you will need to download the app, navigate to Financial Services, and then to the Loans Option. You have to follow the instructions and provide the needed information and you will get an instant loan in minutes without the need for BVN.

Quickteller Loan App

Quickteller is a fintech company that offers payment services in Nigeria. It is also a loan platform that has different lending options in Nigeria. With Quickteller you don’t need a BVN to get a loan. Loans offered on this platform have competitive interest rates and flexible repayment terms. Quickteller loans have the perfect blend of convenience and reliability.


Carbon popularly known as Paylater is a loan app in Nigeria that doesn’t need BVN to grant you loans. It does not just offer collateral-free instant loans, it also offers high-yield savings accounts as well as banking services on its app.

Carbon loan amounts are in the range from N5000 Naira to N1,000,000 Naira featuring a loan tenure of 7 – 180 days. It offers instant loans, therefore you can expect your account to be funded without delay as soon as the loan has been approved at least within 3 minutes.

How to Get a Loan in Nigeria Without BVN

To get a loan in Nigeria without BVN is possible. You just have to follow the steps below.

Download the App

First, you will need to download the loan app you want to use. Some of the loan apps that offer loans without BVN have been listed above, you can check them out.

Create an Account

After downloading the app, the next step will be to create an account. To do this, you will need some personal information like your name, phone number, and your email address.

Verify your Identity

Next, you will have to verify your identity. You will have to provide your national ID number or other relevant documents. Then, you upload them through the app.

Apply for a Loan

After you have verified your identity, you can then apply for the loan. The options for the loan will be displayed, including the amount, interest rate, and repayment time. Choose the loan that appeals to you from the options provided. Then proceed to provide any additional details requested by the app like employment status or income details.

Wait for Approval

After submitting your application, you have to wait for it to be approved. The loan approval process differs depending on the lender, but it is quick and efficient.

Accept the Loan Offer

Once your loan has been approved, you will get a loan offer from the lender. You will have to review the offer and understand the terms and conditions. If you accept the loan offer, proceed to make the first repayment through the app.

Manage your Loan

You will need to manage your loan by making payments on time through the app. However, this will be after you have accepted the loan offer. You will be provided with the details of your payment schedule, interest rate, and penalties that are associated with the loan.


Applying for an instant loan app without BVN in Nigeria is a straightforward and convenient process. However, it is crucial to understand the terms and conditions associated with each loan and make informed decisions about your financial needs and goals. Before borrowing money, it is advisable to compare different loan options, read the fine print, and seek advice from financial experts if necessary. This will help you make the best decision and avoid any potential financial difficulties.

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