Moniepoint – loan application
Contact
Company
Moniepoint MFB Limited
Address
Victoria Island, Lagos, Nigeria
Website
https://moniepoint.com
Moniepoint – repayment table
Estimated monthly repayments at 2.50% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 1 months | 3 months | 6 months | 12 months |
|---|---|---|---|---|
| ₦100,000 | ₦102,500 | ₦35,833 | ₦19,167 | ₦10,833 |
| ₦200,000 | ₦205,000 | ₦71,667 | ₦38,333 | ₦21,667 |
| ₦300,000 | ₦307,500 | ₦107,500 | ₦57,500 | ₦32,500 |
| ₦400,000 | ₦410,000 | ₦143,333 | ₦76,667 | ₦43,333 |
| ₦500,000 | ₦512,500 | ₦179,167 | ₦95,833 | ₦54,167 |
| ₦600,000 | ₦615,000 | ₦215,000 | ₦115,000 | ₦65,000 |
Representative example
Loan amount
₦275,000
Repayment term
12 months
Monthly interest
2.50%
Monthly repayment
₦29,792
Total interest costs
₦82,500
Total amount payable
₦357,500
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
₦50K – ₦1.0M
Term
1 – 12 months
Interest from
2.50%
Approval
24 hours
Age
18+ years
Online application
Yes
Requirements
- ✓ Active Moniepoint account
- ✓ Valid BVN
- ✓ Valid government-issued ID
- ✓ Nigerian phone number
- ✓ Smartphone with Moniepoint app
- ✓ For business loans: 3+ months transaction history on Moniepoint
Loan features
- Personal loans from ₦50,000 to ₦1,000,000
- Terms 1 to 12 months
- Interest from 2.5% per month
- Business loans for SMEs
- CBN licensed commercial bank
- App-based application and management
Ready to apply?
Go to official Moniepoint website ad