Today I will be featuring the best loan apps without BVN in Nigeria. BVN stands for Bank Verification Number and it was implemented and adopted by Nigeria’s apex bank for all qualified banking customers to curb or reduce illegal banking transactions across the country. BVN is accepted as a means of identification across all financial institutions.
It’s usually difficult to get an instant cash loan from banks within a short period of 24-48 hours because banks often need weeks to process loans, require several documentation and collateral. However with the advent of online loan apps in Nigeria and indeed Africa, many people no longer have to wait longer to get a quick cash loan.
Within hours, you can apply and get an instant loan from online loan apps. Even then most loan companies need individuals to provide their BVN identification as a way to track unscrupulous individuals. However there are a few legit loan apps that can still approve fast online loans for you without the need of inputting your BVN.
Many of these reputable loan apps in Nigeria use alternative forms of verification, such as phone numbers, email or utility bills, to verify the identity of borrowers. This can make it easier for those who require fast online loans without BVN.
Best 12 Loan Apps Without BVN in Nigeria 2025
The most popular loans in Nigeria without BVN application are Carbon loan app, JumiaOne loan app, Aella Credit, Eyowo loan app, Okash loan, Umba app and PalmCredit loan app. These online lending apps approve rapid loan without asking for your BVN inputting and can be done within few minutes once your request is submitted.
1. Carbon Loan App
Carbon lending application provides one of the fastest loan apps without BVN in Nigeria. The app offers a digital loan between N1,500 to N1,000,000 for a period of up to six months and is available night and day. You can apply for instant cash on weekends and holidays and get your loan approved and disbursed into your bank account.
2. JumiaOne Loan App
JumiaOne owned by the Jumia Group offers one of the best online loan apps without BVN in Nigeria, providing loans from N5,000 to N100,000 for a tenor of 15 – 30 days depending on the user’s credit score.
JumiaOne has over 5,000,000 users patronizing the application which is completely legit and secured. Basically, to access loan on this app, just scroll down to the ‘Financial Services’ category and click on ‘Loans’. After you provide all the information required, you will receive your loan within few minutes.
3. Quick Credit Loan App
Quick Credit is a loan app hosted on google play and set up to provide Nigeria mobile users with convenient lending services between N1,500 to N50,000 without requiring BVN to apply for its rapid loan. With simple steps and minimal documentation, users of Quick Credit can get qualified loan products which is 100% online process. Once approved, the loan amount will be immediately transferred to the applicant’s bank account.
4. OKash Loan App
If you are thinking of a secured and legitimate lending platform where you can access quick online loan without BVN at the comfort of your room with your smartphone, OKash app offers a reliable solution. Basically, you can access this platform through the Opay mobile app, which is controlled by Opay Digital Services Limited and Paycom. OKash loan app offers customers fast online loan of N1,500 to N50,000 with tenure up to 60 days, at 10 – 24 percent interest rate per month.
5. Aella Credit
Aella Credit is one of the best loan apps without BVN in Nigeria for fast borrowing and quick cash deposit if you have a steady income. Aella Credit with over 1,000,000 users offers loans to customers between the range of N2,000 to N1,500,000.
The app processing period does not take too much time, within 10 minutes after applying for your loan, you will be credited once it is approved. Aella Credit app has a monthly interest rate of 2% to 20% and APR of 22% to 264% per year, while monthly payments range between 2 months to 12 months.
6. Eyowo Loan
Eyowo is one of the very best instant online loan apps without BVN in Nigeria. The lending platform has over 100,000 users on Google Play Store and approve loan amount up to N50,000 within a few minutes of sending an application.
Eyowo provides quick loan that is simple, 100% online without any collateral, documentation or physical office visit. Users can borrow, spend, send, receive and save money simply by dialing a USSD code: *4255# on their mobile phones or via the Eyowo mobile app or directly on its website.
7. Umba Loan
Umba is another loan app in Nigeria that allows users to apply, drawdown and repay loans directly from their smartphone or desktop computer without BVN identification. Once an individual application is submitted, Umba can make lending decisions in minutes which are based on an assigned risk rating. Loan amount is up to N30,000 with this appplication.
8. ALAT By Wema App
If you’re tired of your regular commercial banks and feel like being in charge of your money directly, you can get the ALAT loan app without BVN offering salary earners between N50,000 and N2,000,000 with 3 to 24 monthly repayments plan at only a 2% interest charges.
9. CarrotPay App
CarrotPay is one of the best apps in the Fintec industry in Nigeria that approve really fast loan without BVN requirement. With CarrotPay, getting a loan between N5,000 and N50,000 in few minutes, and you can pay back between 2 to 3 months. Interest rates are determined by a credit scoring algorithm which is usually 3% per month and a maximum of 10%.
10. PalmCredit App
PalmCredit is another trusted lender that gives really fast loan up to N2000 to N100,000 with interest rate ranging from 4% to 24%, without borrowers having to submit their BVN. Annual percentage rate (APR) ranges between 24%~56% with the application boasting over 5,000,000 users on Google Play Store alone.
11. FlexiCash App
Owned by Palmpay, a popular online banking app that lets its users send and receive money, pay bills, buy airtime, invest, and lots more, FlexiCash offers one of the best instant loan apps without BVN in Nigeria. Both Android and iPhone users can get loans on Palmpay through its lending service called the Palmpay Flexi Cash. This service offers a reasonable loan amount based on your credit score/record using users’ details with Palmpay.
12. Money in Minutes Loan
Money In Minutes Loan will get your loan approved and cash disbursed to your bank account just within a few minutes after your loan application even if you do not have a BVN in your profile. You don’t need documentation, paperwork or physical visit to any office. Once your loan is approved, you can be sure of having instant cash access in minutes.
Please take note that these loan apps are always changing in their operational dynamics and one that doesn’t require BVN today may start requesting tomorrow, however we are always trying to update our article to give you the best content and information available.
Conclusion
One common way to cover expenses until the next paycheck or salary is to borrow money from any of the many platforms that offer loan in minutes without BVN in Nigeria, with the promise of making repayment with a future paycheck. Small businesses too can make use of several loans apps in Nigeria that are exclusively set up to serve such segment.
The best loan in minutes in Nigeria without BVN are Aella Loan, Umba Loan, Branch Loan, Carbon Loan and Money in Minutes Loan. These loan applications have proved very fast for loan processing and execution for its customers and disburse cash in few minutes to meet unexpected expenses.
15 Comments
This is a leading list talking about reputable loan apps in Nigeria, kudos QUICK LOAN ARENA
Nice article you put up here. But telling people that these companies don’t require BVN isn’t appropriate. They all require BVN as it’s a means of verifying the identity of the borrower. No company offers loan with processing and validating the credit worth of the person coming to borrow. And BVN is the only means by which they do so through CRC
Of course they all require BVN.
These are reputable companies that offer loans without collateral but not loans without BVN. I think the title is misleading. But the article is great though. This is my own opinion
Can you be specific? Lets address them one by one… which of them have you personally tried and requested BVN TO OBTAIN LOAN?
I love the style of writing you guys are using. Keep up the good work but kindly change the title of this article to something like “Reputable companies that offer loans without collateral”. Thank you once more for this wonderful article
That is not the title. Mention one YOU HAVE PERSONALLY attempted to borrow money and requested your BVN? These were carefully selected articles here
I use Okash but their interest is high and I still patronize them but they don’t want to borrow me 200k since I have been patronizing them….
All requires bvn
Stop misleading people
je veu aide pour ardent
Sir please I need this loan to boost my business am in a lurgrative area but my business is small
Good morning Sir
Why are these digital lenders asking for our bvn, ATM pin and other secret bank account details in order to get loan from them?
This is a life saving information thanks big boss
Thanks for the update though but unfortunately they all require BVN.
Do you think using these loan apps is advisable? because a lot of Nigerians seem to abuse it and some don’t even care to refund. Again if you check the high-interest rate placed on these loans i don’t think it is good for the people