Personal Loans

7 Top Loan Apps That Give More Than 100k in Nigeria

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Several loan apps in Nigeria now provide easy access to loans over 100,000 Naira. These apps make it easy to get loans, usually without collateral or lots of paperwork. Also, these loan apps have assisted many with personal or business funding for different financial needs.

Below are the top 7 loan app that gives more than 100k in Nigeria:

1. Carbon (Paylater)

The Carbon loan app offers loans from ₦1,500 to ₦1M. This loan app offers immediate short-term loans tailored to urgent needs.

Repayments can extend up to 64 weeks, with a flexible interest rate spanning 1.75% to 30% and a monthly rate of 1% to 21%.

2. Branch

On the Branch loan app, you can get instant loans up to ₦500,000.

Interest rates vary from 2% to 18%, based on the customer’s risk profile, with loan tenure ranging from 62 days to 1 year.

3. Aella Credit

The Aella loan app gives loans from ₦2,000 to ₦1,500,000 with a tenor of 61 days to 365 days.

The monthly interest rate ranges from 2% – 20% and APR from 22% – 264%/annum with an early repayment discount of up to 60%.

4. KiaKia

With the KiaKia loan app, you can get business and personal loans as high as N100,000,000.

Its loan tenure ranges from 30 days to 24 months. The app also has flexible interest rates, as low as 6.5%.

5. XCredit

Xcredit currently offers loans as high as N500,000 with their smallest loan amount being N2,000.

Their loan range spans about 5 months and they do not need collateral; only your bank details.

Xcredit offers an interest rate of 12% of the amount borrowed.

For example, if you borrow N10,000 for a tenor of 120 days, then at maturity, the total interest would be N10,000 * 12% = N1,200.

6. PalmPay

You can get an instant loan of up to ₦200,000 with the Palmpay, with no paperwork or collateral required.

PalmPay charges an interest rate ranging from 15% to 30% on its loans. Your loan amount and credit score influence the interest rate.

7. 9ja cash

9jacash allows you to borrow up to N300,000 with a loan term of 91 ~ 720days. A 9jacash loan interest is from 10% to 28% per annum. For example: If you apply for a loan of ₦20,000, the term is 120 days and the annual interest rate is 18%.


Loan apps have transformed the way Nigerians access financial resources. They offer a convenient and streamlined alternative to traditional lending methods.

These apps provide quick and easy loans, without requiring collateral or excessive paperwork.

With loan amounts exceeding 100,000 Naira, they cater to a wide range of financial needs. If you need money for personal or business purposes, these apps above can help you.

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