Naira Cash Loan – How to apply for a loan on Naira Cash

Last Updated on Dec 11th, 2023

Naira Cash is a credible online financial loan platform, available to Nigerian mobile users. Basically, the Naira Cash loan platform allows Nigerians who have access to smartphones to borrow fast loans to meet their emergency financial needs. This app is online and available 24 hours a day.

Naira Cash Loan
Naira Cash Loan

What services does Naira Cash offer?

As stated above, Naira Cash offers primarily loan services to Nigerians in need. Hence, as a Nigerian, you can obtain a fast loan of up to 100,000 just like the Mint Loan App.

How can I apply for a Naira Cash Loan?

Here are the necessary steps to take if you want to apply for a loan on this financial platform:

1. First, install the Naira Cash app. Check below to see a detailed guide on how to download it.

2. Next, create a personal account by registering your details on the platform.

3. Once you submit your details and create an account successfully, apply for a loan through the app.

5. Lastly, wait for the platform to credit your bank account with the loan.

What is the minimum and maximum amount of loan I can obtain?

On the Naira Cash online platform, the minimum loan amount you can take out is ₦2,0000. On the other hand, you can obtain a loan of up to ₦100,000.


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What is the loan term?

Basically, the loan tenor on this online borrowing platform is between 100 – 180 days. So you are giving a minimum grace period of 100 days while the longest loan tenor is 180 days

What is the interest rate on a Naira Cash Loan?

Here are the various rates the platform charges its customers:

1. Service charge: 0%.

2. Minimum Annual Percentage Rate (APR):12%

3. Maximum Annual Percentage Rate (APR):33%

For instance, If you borrow a loan amount of ₦20,000 with an interest rate of 18% per annum and a tenor of 100 days, here’s how to calculate your interest:

Interest rate = ₦20,000 x 18%/365 x 100 = ₦986

What is the eligibility requirement to obtain a Naira Cash loan?

To get a loan from Naira Cash, you must meet the following requirements:

1. You must be a resident of Nigeria.

2. Your minimum age should be at least 18 years.

3. You must have a valid source of monthly income. This will enable you to pay back the loan.

4. Good Credit Score

What documents do I need to obtain a Loan?

To obtain a loan from this credit platform, you need to input the following:

1. Name

2. Address

3. Phone Number

4. Email Address and other details

Once the platform approves your loan, you will be able to take out extra loans with additional documents.

How can I download the Naira Cash mobile app?

This app is only available on the Google Play Store for Android phones. Here is how to download it:

1. Open Google Play Store on your smartphone (android).

2. Next, search for “Naira Cash”

3. Download the app, install it and apply for a quick loan.

How can I contact Naira Cash?

The various ways you can contact Naira Cash include:

Address: Suite C 247, Ikota Business Complex, Victoria Garden City, Lekki, Lagos state.

Email Address: annegao911@gmail.com

Closing thoughts

Naira Cash loan is an instant credit you can access on the Naira Cash platform. This loan is easy to get and doesn’t require any formal paperwork. However, you must have a good credit history to be able to access this loan. Lastly, ensure that you have a way to reimburse the loan before its due date to avoid harsh penalties.

Do you need a loan? Be sure to visit this loan platform that allows you to compare loans from different lenders in minutes. It offers the best and ensures that you get nothing less.

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