OPay – online loan Nigeria
OPay micro-loans up to ₦50,000 through the OPay app.
Amount
₦3K – ₦50K
Interest from
36.50%
Term
3 – 12 months
Approval
5 minutes
Applying does not commit you to a loan agreement.
Screenshot of https://www.opay.ng
OPay – Micro Loans Nigeria
OPay is a leading Nigerian fintech providing micro-loans through its popular payment app. Loans from ₦3,000 to ₦50,000 are disbursed within 5 minutes directly to your OPay wallet or bank account.
✓ Pros
- Fast 5-minute disbursement
- Large user base
- Integrated with OPay ecosystem
✗ Cons
- High 36.5% annual rate
- Low maximum ₦50K
- OPay account required
Loan example
Loan ₦30,000 for 91 days at 36.5% annually. Fee ≈ ₦2,720. Total = ₦32,720.
Loan requirements
- ✓ OPay account
- ✓ Nigerian citizen
- ✓ BVN
- ✓ Smartphone
Loan features
- OPay app-based loans
- ₦3K–₦50K
- 5-minute disbursement
- 91-365 day term
Frequently asked questions
5 minutes after submitting your application.
The minimum amount at OPay is ₦3,000.