NairaCup Loan app is a loan app in Nigeria with which you can have easy access to Safe and reliable loan Up to the sum of NGN500,000 without collateral.
Here we discuss the main Features of the NairaCup Loan as well as how you can go about getting the loan from the comfort of your home just by using your device.
Borrow up to ₦500,000 fast naira loan instantly online. Enjoy a personalized cash loan with seamless experience, and approvals in as fast as 5 minutes.
No income proof and IDs are needed. It’s as simple as that.
Major Benefits Of NairaCup Loan
1. High Loan Amount
– Get up to ₦500,000 approved loan amount
– Increase your limit with on-time repayment
2. Easily Apply
– No income proof, ID documents, or collateral is required
– All processes are carried out online, paperless makes the processes simple
3. Fast Pay-out
– Get the money in 5 minutes
– The cash sent directly to your bank account
Other Details About NairaCup Loan App
NairaCup is a fast online cash loan application that offers loans up to 500,000 NGN without collateral. As a trusted credit loan lender, they are here to help you navigate the world of personal loans with confidence and clarity.
Main Features Of NairaCup Loan
Credit Loan Amounts: ₦10,000 – ₦500,000
Loan Term: 91days – 365days
Service Fee: 0% – 5%
Interest Rate: 0.1% per day
Transaction Fee: 0
Maximum Annual Percentage Rate(APR): Not more than 36%
Eligibility For NairaCup Loan
– Nigeria Resident only.
– 18-55 years old.
– Source of a monthly income.
Example
For a borrower who receives ₦ 10,000 from NairaCup with a period of 90 days, they would need to pay service fees of 5% loan with interest rate of 0.1%.
Total Interest fee: ₦ 10,000*0.1%*90= ₦ 900
Service fee: ₦ 10,000*5%= ₦ 500
Total repayment: ₦ 10,000+₦ 900+₦ 500=₦ 11,400
How to Apply For NairaCup Loan
Simply download the NairaCup Loan app from Google play store, then pto red as follows:
1. Register your account with an active mobile number
2. Fill in the Online Loan Forms.
3. Get the Credit Amount Approved
4. Money will be disbursed to your bank account (The fastest only takes 5 mins)
*Note: Always read the Terms and Conditions and the Privacy Policy before proceeding with any transaction.
Contact Details Of NairaCup Loan
If you encounter any problems while using the app, feel free to contact them via the following channels:
Email: nairacuphelp@gmail.com
Address: 32, KOFORIDUA STREET, WUSE, WUSE, FCT,NIGERIA
Office Hours: Mondays to Fridays 9:00 AM – 7:00 PM