Get unlimited access to loan with branch loan app available for download on Android. This is one of the best loan apps with no collateral in Nigeria.
Branch loan is offered by branch international, a finance company with their presence Nigeria, and some other countries.
The company gives loan from N1000 to N200,000 with no collateral. Loan terms range from 1 month – 10 months. Interest rate is from 15% – 34% with a monthly interest of 3% – 21% and APR of 33% – 261%, depending on the loan served.
Branch makes getting loan easier and faster by making use of data on your phone including SMS to verify your identity which will be used to process your loan request. In order to ensure your safety, data shared on branch loan are encrypted.
The microfinance bank also adheres to rules of bank-customer relationship, that is, every information you have with the bank is confidential, and can not be shared with another without your permission.
Why you should choose branch loan app
- It is easy to set up.
- No paperwork.
- No collateral needed to obtain loan.
- Get loan up to N200,000 when you apply in Nigeria.
- Loan straight into your bank account.
- Support is available at any time and any day.
- Money can be used either for home, family, business or medical. No questions asked.
- You don’t need to visit the office to complete registration.
- Access to bigger loans with lower interest and flexible repayment periods.
Is Branch loan legit?
There have been a series of question as to if branch lending app is a scam or legit. Maybe because at one point during registration, you will be asked to provide your biometric verification number (BVN) as the commercial banks will do.
Be rest assured that no one will be able to harm you by just having your BVN. At least, I am yet to hear of anyone whose money was taken with just BVN, the requested BVN is just to identify if you are really who you are. Therefore, branch loan app is real or legit as another would have said.
It is not quite a loan app that can give you huge cash if your dream business is to start a huge project, the loan is rather geared towards salaries earners, petty traders and those who want to start a small trade. It can be a lifeline when you need a temporary cover.
How to download branch loan app apk
Here is a detailed guide on how to install branch loan app:
- Make sure your internet connection is on a d a small space available on your phone for the branch loan app download.
- Go to play store by tapping it. On the search box, type, “branch loan” and wait for the search results which should not take more than 2 seconds depending on your connection.
- Now that you have your results, install “branch – personal finance loan”, within a few seconds you should be done because the size is less than 4mb.
- Voila, installation completed. It is about time you register on the app to get your first loan.
- Note, you could skip the whole process by just clicking on this link to have the app downloaded into your phone.
How to register on branch loan
All you need to get started is your android and facebook account. Below are the steps to register on branch loan app:
- Open branch loan app, when you open it, you can see that you can login easily using your facebook account.
- Tap “sign in with Facebook” and enter your Facebook login details to gain access.
- If this is your first time of using the app, you will be presented with the option to select the country you live in. The options are Nigeria, Kenya and Tanzania.
- In our own case, it is Nigeria. Enter your names as it is stated in your government-issued identity card. Voters ID card, drivers license, International passport or National ID are accepted.
- Complete the required fields including your card number and date of birth. Your ID Card number is usually 11 digit.
- The next option is to enter your bank details. Your fund will be sent to your bank account if your loan request is granted.
- You will receive a code on your mobile number which you will enter on branch loan app. This ensures that your account is validated.
- Then comes your loan offers screen. As first time user, your loan offer wont be that great but as you continue to build on your credit score, you will be able to get more from branch loan app.
- Select your loan amount, choose tenor and tap “request this loan”
- Another screen will come up, showing you where the money will be sent. This gives you a chance to recheck your bank account details. Click “apply” if satisfied.
- For first time users, it might take about few hours to get back to you. This is needed to study your credit history. Various analysis will be done in background while you wait for the loan.
- If you are accepted, you will receive an SMS and if not, you can check the app for tips on how to improve your score.
Branch app contact details
- Facebook: facebook.com/branch.co
- Twitter: twitter.com/branch_co
- Instagram: https://www.instagram.com/branch_co
- Nigeria support: firstname.lastname@example.org
- India support: email@example.com
- Mexico support: firstname.lastname@example.org
- Tanzania support: email@example.com
- United states support: firstname.lastname@example.org
- Website: www.branch.co
Without trying to mince words, branch loan app remains the best currently in Nigeria and some others. It is undeniable fact that the team are working non stop to ensure that customes have tye best experience while using the app. Loan is fast to process no matter which medium you want the money sent to after successful application.
The support is not something I would have envisaged to be this good. The team is always ready to help in any way they can when you need them. Take advantage of this scheme, think business ideas and start one.
Whichever way you want to use the money, branch loan app team are available to help you meet that immediate needs.