Question: Who Owns Palmcredit?

Which is best app for instant loan?

List of the best instant personal loan apps in India:AppInterest Rate (per month)Minimum & Maximum Loan AmountNIRA1.5 – 2.5%₹ 3,000 – ₹ 1 LakhCashEStarts from 1.75%₹ 5,000 – ₹ 2 LakhCapital First Limited1.16 – 1.33%₹ 1 Lakh – ₹ 25 LakhCredy1 – 1.5%₹ 10,000 – ₹ 1 Lakh18 more rows•Oct 16, 2019.

What is Palmcredit?

Palmcredit is an online platform that gives quick loans in Nigeria without collateral. The platform is owned by Transsnet Financial Nigeria Limited. … Any individual with need can apply for a loan but everyone is required to apply for loan through the app which can be downloaded from Google play store.

Can someone use my BVN to withdraw my money?

It is simply because your BVN is your financial ID card, anyone could use it to access some of your information and orchestrate fraud. … Note that no one can access funds in your account by just being in possession of your BVN details just as nothing can be done with any other of your identity cards.

Does FairMoney ask BVN?

There are certain patterns with which these impostors operate; first is posing as a fake FairMoney customer service agent who reaches out to you pretending to help you resolve an issue and, while at it, requests certain specific personal information. They often ask for: Your BVN (Bank Verification Number)

Is FairMoney loan Real?

FairMoney is an automated online moneylender that provides single payment loans, installment loans and payroll loans for borrowers. … It is best for anyone looking for an unsecured personal consumer loan, students and individual’s ineligible for typical bank loans due to thin credit files.

How do I contact Palmcredit?

Call 0700-PALMHELP (0700 7256 4357) Monday – Friday 8am-5:30pm. If you need to reach us outside of these hours kindly leave us a message within the app or by messaging us on Facebook.

How do I get a loan from Palmcredit?

These are 5 steps to get a loan from Palmcredit today. Download Palmcredit on google play store. Sign Up and fill the necessary details. Put in your bank information and apply for your desired loan. Fill in your personal details. Congrats, you can now withdraw your money.

Where can I borrow money fast in Nigeria?

In this post, we talked about the top 10 websites in Nigeria that offer quick loans to small businesses and individuals without collateral in Nigeria.GROFIN. … SMEDAN. … LYDIA.CO. … AELLA-CREDIT. … ZEDVANCE. … PAYLATER. … KIAKIA.CO. … ONE-FI.More items…

Which app gives loan instantly?

When looking for a payday or cash advance loan app, consider applying through LendUp. LendUp offers a mobile-optimized site that’s fast, easy, and responsive. Our quick online payday loan application can be completed in less than five minutes, and, in most cases, you’ll get an almost instant decision on your loan.

Which bank gives fastest personal loan?

Bajaj FinservMoney in bank within 24 hours* Bajaj Finserv offers the fastest personal loans in India – with disbursal in just 24 hours* of your loan getting approved.

How can I get a 50000 loan fast?

Documents Required for ₹ 50,000 Personal LoanPan Card.KYC (Identity and Address proof)Salary slips.Income Proof – Latest 3 months salary slips, Receipts, Form 16 etc (for self-employed professionals)Bank Statements – 6 months bank statements.House ownership proof (if any)More items…

How can I get a 50000 instant loan?

Meet urgent funding requirements with an instant personal loan of 50,000 Rupees from Bajaj Finserv. Fulfil minimum eligibility criteria and complete a hassle-free application process to receive instant approval and quick disbursal of Rs. 50,000 loan. Avail the advance without providing any collateral.

How legit is Palmcredit?

So, yes. Palmcredit is approved by the CBN, and it’s real.

Which is the best loan app in Nigeria?

Loan Apps in Nigeria Providing Quick Loans Without CollateralKiakia.Social Lender.QuickCheck.C24 Loan.Fint Loan.Specta Loan.Jumia Loan.Opay Loan.More items…•

What is the interest rate of FairMoney?

Monthly interest rates range from 10% to 28% EIR (Effective Interest Rate per month) and APR range from 120% to 260%.) When you apply for a loan, FairMoney then uses traditional bank transfers to credit the money — bank transfers occur within a few minutes in Nigeria.