Easemoni Ussd Code: A subsidiary of Blue Ridge Microfinance Bank, EaseMoni offers loans in Nigeria. Many Nigerians have benefited from its loans, and it continues to do so.
The EaseMoni loan app is extremely secure to use because it has a microfinance banking license from the Central Bank of Nigeria. You can apply for loans on the app without submitting any paperwork or security.
All you need are a few prerequisites, and then you’re good to go.
What is EaseMoni?
On May 17, 2021, OPay announced the launch of a new loan service called EaseMoni, where active OPay users can apply for loans in accordance with the terms of the service.
Another credit program, EaseMoni, provides Nigerians with close-to-home and business advances up to 1,000,000 naira. This platform has a carefully thought-out user interface and is incredibly easy to use.
You only need your OPay Account (KYC Level 2). Your phone number and bank verification number (BVN) are required to apply for a loan on even if you don’t have an Opay account.
The EaseMoni lending platform uses artificial intelligence and computational reasoning to analyze and determine your credit worth based on your BVN and SMS on your phone.
Use your BVN number while registering since they will look into how much money is coming in and going out of your bank account to determine how much money they can borrow from you.
You are good to choose the loan type you wish to apply for on Opay directly if you have an Opay account.
You can choose from a variety of loans based on your preferences. On the Opay EaseMoni Platforms, you can view the terms and conditions as well as the specifics of each type of loan.
You can even request anna an EaseMoni loan through Opay online sites [operapay.com Opay. ng] or the official Opay app. Which is available on google play store.
EaseMoni loan requirements (Easemoni Ussd Code)
Here are the prerequisites you must meet in order to use the EaseMoni loan service.
- A bank account in Nigeria
- A bank’s verification number (BVN)
- A working telephone number
- Nigerian nationality and residency are prerequisites.
- An Android gadget
- A minimum age of 18 is required to apply for a loan with EaseMoni.
- Additionally, you had to be earning money each month.
What is the loan duration on this loan application?
You must start repaying your debt within 91 to 365 days, according to Easemoni. This basically indicates that you have a grace period of about three months.
Keep in mind that the length of your loan may change based on how much you borrowed.
Where do I find the Easemoni loan app?
To download this app, follow these easy steps:
- Start the Google Play Store on your Android device.
- Next, look for and download the app called “Easemoni.”
- When you have finished downloading this app, start the registration process and submit a loan application.
How to get a loan from EaseMoni
You can open an account and apply for a loan once you download the EaseMoni mobile app. See the actions listed below to do it.
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- Enter your bank verification number to register (BVN)
- Enter the number on your phone.
- You will receive a text message that has a “One Time Password” on your phone.
- Enter the password.
- Describe your identity and place of employment in detail.
- You can start using the app after your account has been set up.
- Search for the “Get Loan” button.
- Enter the sum you wish to get from EaseMoni. On the EaseMoni app, you can obtain a loan in the range of $₦3,000 and $₦1 million.
- Personalize the payback schedule. Within three to twelve months, you may repay.
- Enter your bank account information, double-check it, and then click “Apply Loan.”
The EaseMoni staff will examine your application. Once the loan has been approved, the funds will be transferred to your bank account.
How much loan can you get from EaseMoni? (Easemoni Ussd Code)
You can acquire large loan amounts, which is one of the benefits of using EaseMoni. This is so because EaseMoni is a sister firm of a Nigerian bank, not just a loan servicer.
The EaseMoni app allows you to borrow up to $₦1,000,000 in total. The least amount you can get is now ₦3,000.
EaseMoni interest rate
The interest rate for each loan you take out through the EaseMoni lending service ranges from 5% to 10%. There aren’t any further fees besides this. You can view the illustration below to have a better idea of how interest is determined.
An interest rate of 5% will be charged each month on a loan of ₦10,000 from EaseMoni. Therefore, if you decide to pay back the loan in 3 months, you will need to pay the following: ₦10,000 plus the interest for 3 months (500 x 3).
That brings the total to ₦11,500.
Repayment of loans
On the EaseMoni mobile app, loan repayment is very simple. See the actions listed below.
- You may access the loan repayment page from your dashboard.
- To view your outstanding loan, click.
- Select a payment option.
- Give the necessary bank information.
- Payoff your EaseMoni loan in full.
Easemoni USSD Code
The benefit of the Easemoni loan is that you can apply for one by sending a USSD code. Thus, employing a shortcode is your best alternative if you need a loan but don’t have a smartphone. For the Easemoni loan, use the shortcode *347*334#.
The issue of not having an internet connection or smartphone is solved with this USSD code. Anytime you need a loan, dial the code above and get a loan from Easemoni from anywhere in Nigeria.
Phone numbers for contacting Easemoni (Easemoni Ussd Code)
You shouldn’t be concerned if you are having a problem but don’t have a way to contact Easemoni. The following phone numbers can be used to get in touch with them regarding complaints and questions.
- +234017001276
- 09087614150
- +234018885577
You can call 09134016733 to chat with them on WhatsApp if you’d like. Use this address instead if you’d want to send an email: [email protected]
Conclusion
Easemoni is primarily a loan-giving app for Nigerians. This app makes it simple to obtain an N1,000,000 loan without any security. Overall, this software is legitimate and appropriate for usage so long as you can repay your loan on time.
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