EaseMoni Loan, USSD code, Interest Rate & Repayment

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Easemoni customer care

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? Available Repayment options? Many more questions…

In this post, I try to answer all your questions about the EaseMoni loan. If you have any more questions, feel free to ask through the comment section.

EaseMoni Nigeria is one of the online loans in Nigeria. 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.

How to borrow money on EaseMoni app

You can borrow money easily from the easemoni loan app in two ways:

  1. Through ussd code
  2. Via their app

EaseMoni Loan USSD code

Want to access Easemoni loan using ussd code? Here’s the EaseMoni loan code: *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.

Note that for this to work, you need to dial the code with the phone number associated with your BVN.

Read this: MoneyBay loan app & interest rate, requirements and repayment

Via the app

The second way to borrow money from EaseMoni is through the app.

  • Login on the app
  • Go over to loan section
  • Click on Apply
  • Check interest and terms
  • Accept and wait for approval
  • Withdraw and use

EaseMoni Interest rate

The easemoni interest rate is usually 5% of the principal loan per month. They decide your interest between these range 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.

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,
    complete registration,
  • 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:

  1. 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.
  2. your phone number. Make sure you sign up with the phone number that’s associated with your BVN. Don’t worry this is safe.
  3. 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.
  4. Your Bank Verification Number (BVN). Once again, there’s no danger in submitting your BVN for this loan app.

Repayment Options

There are 3 different repayment options available. They are as follows:

Auto Repayment

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

Read this: GTBank loan code: interest rate, requirements and repayment ussd

card balance is sufficient. If it is unsuccessful, please repay the money manually in time.

Manual repayment

You can optionally make repayment manually through the app. This method prevents the EaseMoni app from automatically making repayment on your behalf.

Bank Transfer

If the above 2 options aren’t what you want, you can make your repayment by sending it to the EaseMoni bank account number

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.

My advice:

Even though, Easemoni is real and  offer quick loans, it not the best, especially in terms of customer relations, and their interest rates aren’t the best.

EaseMoni 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 1 month.

Another alternative you may want to consider is Palmpay. You can read How to borrow money from Palmpay For more information.

If you have any questions, either relating to easemoni loan or otherwise, you can drop it as a comment below. Thank you.

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.


  1. I make a payment that is above my loan balance I was thinking the balance of the fund will show on my wallet but unfortunately I can’t see anything on my easemoni app please how can I get I refund I have send a mail, try calling the numbers but it’s not going

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