EaseMoni loan is one of the leading financial technology companies that offer digital banking services to individuals.
If you require a loan without collateral or property documents, and even without the stress of running around the traditional physical bank, then, EaseMoni is what you need right now.
Meanwhile, take a chill pill because, in this article, we shall carefully detail everything you need to know about this platform and how to borrow instant online loans from EaseMoni.
Overview Of EaseMoni
EaseMoni is a loan platform that offers digital banking services to people across the globe. They provide market-competitive consumer financial services and credit facilities to individuals in terms of personal loans at their convenience.
EaseMoni is licensed with the Microfinance bank license by the Central Bank of Nigeria and under Blue Ridge Microfinance Bank Limited. This shows the creditworthiness and good reputation of the platform in terms of being real.
Furthermore, with Easemoni, users can borrow money anywhere and anytime without stress or too much paperwork.
You can even borrow up to a million Naira whether you are a new user or an old user.
How Does EaseMoni LoanWork?
Easemoni works like other digital banking platforms; however, there is always a feature that sets one apart from others. This uniqueness we shall explain in the later part of this article.
That said, Easemoni offers unsecured or soft personal loans to people with flexible repayment terms, no collateral, and instant loan disbursement within a few minutes of loan approval.
You can apply for N1,000,000 on this platform and pay at your convenience and with low interest. You do not have to worry about your data as it is secured by Insurance Corporation (NDIC).
All you have to do to access this instant online loan is to download the Easemoni app and explore the quantum of consumer financial services and credit facilities available.
Read Also – List of Fake Loan Apps Nigeria
What Are The Uniqueness Of EaseMoni?
We noted earlier that there is always that one feature that makes one outstanding, however; as a giant in digital banking, EaseMoni has gotten a lot of features that make it unique. Some of them are ;
- It is legit and licensed by the Central Bank of Nigeria.
- Low-interest rate.
- Flexible repayment plan
- Fast loan disbursement after approval.
- Data is secured.
- Online application and approval.
- Rewards faithfulness.
EaseMoni Loan App
The Easemoni loan app is a mobile application created by the platform to serve as a means through which interested users can access all the services and products offered by Easemoni.
You can get this app on Google Play Store. It is highly rated– rated for 3+, about 4.5 stars, over 116K reviews, and over a million downloads.
To crown it all, the size of the app is small. With no more than 7 MB, you will get this fantastic app resting pretty well on your phone for exploits.
Conclusively, the app is well-designed to meet the needs of the people. Even a novice can navigate through it, and it has a good user interface.
How To Download The Easemoni Loan App (APK)
The steps below will guide you to download the Easemoni app with ease;
- Open your phone and head to your Google Play Store.
- Type in the search bar “EaseMoni loan app”
- Download the app ( it has a logo that looks like the letter “E” with a subtitle as “Instant online loan,” and the size is about 6.7 MB).
To register on the app, kindly do the following;
- Launch the app
- Enter the required details (basic details)
- And your account is set for loan application.
What Are The Requirements For Borrowing Money From Easemoni?
Indeed, you do not need collateral to secure loans on Easemoni; however, below are the requirements for obtaining a loan on this platform;
- You must be a citizen of Nigeria and live in Nigeria.
- You must not be less than 20 years and older than 55 years.
- You must have a stable and good source of income.
- An active bank account
- Good credit score
- Your BVN
- Active email address and phone number.
- The details submitted while registering must be correct as they affect your creditworthiness.
How Do I Borrow Money From EaseMoni?
Applying for a loan on EaseMoni is simple, and it takes little or no time to review your application and disburse the funds to your bank account.
The steps below will help you in your loan application and easy approval.
- Download the app, and register yourself on the app.
- Go to the loan option in the menu feature.
- Choose your desired product and repayment plan.
- Please submit your application after cross-checking it.
- You will receive a verification code for confirmation. Confirm it.
- Your application will be reviewed immediately by the management team and approved if you are eligible.
What Is Easemoni Loan Interest Rate?
The interest rate of Easemoni is relatively low. The interest rate is from 5% to 10% monthly, and APR is from 60% to 120%. Although, this hinges primarily on your credit evaluation.
For illustration, 91-day loan payment terms have an interest fee of 5% per month. And the loan with a principal amount of ₦3,000, the interest would be ₦273. This means the total amount to be repaid would be ₦3,273.
What Is EaseMoni Loan Tenure?
Easemoni loan tenure is flexible. However, it is usually between 91 days ( 3 months) and 365 days (12 months).
But then, the amount of money borrowed goes a long way to determining the loan tenure.
Where Is EaseMoni Head Office?
Easemoni head office in Nigeria is located at 60 Adeniyi Jones Ave, Ikeja, Lagos, Nigeria.
How Can I Contact EaseMoni?
You can contact Easemoni through the following ways;
Customer Service Email: email@example.com
Customer Service Hotline:（+234）9087614150
Whatsapp customer number: (+234）8073634739
Frequently Asked Questions
How much can I borrow from Easemoni?
You can borrow from N3, 000 to N1, 000, 000 without collateral or property documents and with a tenure between 3 months and a year from Easemoni.
What do you know about Easemoni?
Easemoni is an online platform that offers quick personal loans to eligible persons worldwide.
They offer market-competitive credit loans and consumer financial services. They are legit and reliable.
What bank is Easemoni using?
Easemoni is using Blue Ridge Microfinance bank.
Is Easemoni a good loan app?
Yes, Easemoni is a good loan app. All you have to do is to follow the terms and conditions stipulated.
We have come to the end of this article and are sure we have broadened your knowledge about Easemoni.
EaseMoni is legit and one of the best loan apps in Nigeria. You may like to give them a try.