So you need to know about EaseMoni loan and it’s ussd code? How legit is it? Is it approved by CBN? How does it work? What is their interest rate? USSD Code to borrow money? Many more questions…
In this post, I try to answer all your questions about the EaseMoni app with my honest reviews. If you have any more questions, feel free to ask through the comment section.
Ease Moni Nigeria is one of the online lenders. According to them, they offer Nigerians up to N1 million in personal and business loans. Their app is really easy to use, as the interface is well designed.
With the Easemoni app, no paperwork or collateral is needed. The loan is processed within 5 minutes and disbursed directly into your bank account.
You can borrow money easily from the easemoni loan app in two ways:
- Through ussd code
- Via their app
EaseMoni USSD code
One of the nicest things to know is about EaseMoni loan code. Easily, you can borrow money on any phone even without having internet.
All you need is a phone that can dial a ussd code. The EaseMoni loan code is *347*334#. Dial this code on your phone and enjoy a seamless and quick loan from anywhere in Nigeria.
This is the fastest and easiest way to borrow money today. No need for collateral or any paperwork. Just dial the code and receive a bank alert.
Note that for this to work, you need to dial the code with the phone number associated with your BVN.
Via the app
The second way to borrow money is through the app.
How does Easemoni Loan works?
The process is pretty simple. You can get an instant loan in 3 steps as listed below:
1 Get credit
- Open EaseMoni APP
- Apply for credit,
- identity card authentication,
- and quickly obtain a loan
2 Initiate an instant loan
- Select the loan amount and term,
- Click “Apply Now”,
- and then confirm bank account to receive the loan
3 Money to your bank account
The loan will arrive within three
minutes. So you may need to check
your bank account to confirm your loan has been disbursed.
EaseMoni loan Requirements
Only 4 things are required to obtain Ease moni loan and they are:
- Age range of 20 to 55 years old. You need to be between the age of 20 and 55 to qualify for a loan here.
- your phone number. Make sure you sign up with the phone number that’s associated with your BVN. Don’t worry this is safe.
- Bank account number. You need to have a bank account number. This is where the money will be deposited for you once a loan has been approved for you.
- Your Bank Verification Number (BVN). Once again, there’s no danger in submitting your BVN for this loan app.
There are 3 different repayment options available. They are as follows:
If you have authorized the EaseMoni loan APP to do so, the system will automatically deduct the payment on the repayment date. Please make sure that the bank
card balance is sufficient. If it is unsuccessful, please repay the money manually in time.
You can optionally make repayment manually through the app. This method prevents the EaseMoni app from automatically making repayment on your behalf.
If the above 2 options aren’t what you want, you can make your repayment by sending it to the EaseMoni bank account number
Ease Moni Contact
If you’ll like to contact them, you can do so via phone calls, emailing or even through WhatsApp. Find more details below:
EaseMoni Customer care Phone numbers:
Following are Ease Moni customer care numbers that you can call any time for complaints:
- 090876141 50
- +23401 700 1276
- +23401 888 5577
Ease Moni Whatsapp number:
Contact them via Whatsapp only on this number 09134016733
You can email them here and be sure they will respond to your complaint anytime.
Ease Moni Interest rate
Their interest rate is between 5 percent and 10 percent. They decide your interest between these rage based on many factors which include your lending history, loan amount and duration.
You should check the interest very well and make sure you understand their terms before taking their loan.
EaseMoni bank account number
If you choose to make repayment to their bank account number oppose to repayment via app, here’s their account number that you can send your payment to.
To pay to their account number, open the app, then click on repay, then choose bank transfer. You will see an account number specifically created for you.
Once you send money to this account, it goes straight into the app to clear your debt.
Is easeMoni approved by CBN?
Now, the question is EaseMoni legit? How reliable is it? Is it approved by CBN?
Easemoni Nigeria is a legit company. A lot of Nigerians have taken loans from them and they have been in the system for a couple of years. Their company is registered and duly approved by CBN.
Even though, Ease moni is real, approved by CBN and offer quick loans, they are not the best, especially in terms of customer relations, and their interest rates aren’t the best.
They can be quick to offer you a loan, but sometimes, the fastest way is not the safest way. You should be sure you’ll be able to pay back on or before the due date. Otherwise, their late fee can add up tremendously (even up to 100 percent of the principal loan) within the space of a month.
If you have any questions, either relating to easemoni loan or otherwise, you can drop it as a comment below. Thank you.