Quickteller – loan application

4.5 / 5  (445 reviews)
Maximum amount ₦1,000,000
Interest from 2.00%
Term 1 – 12 months
Your money in 24 hours
Apply on official Quickteller website ad

Application does not commit you to a loan agreement. Loan is approved by Quickteller according to their terms.

Screenshot of https://quickteller.com, operated by: Interswitch Financial Inclusion Services, used under legitimate licence.

Quickteller screenshot

Contact

Company Interswitch Financial Inclusion Services
Address Plot 1261A, Obafemi Awolowo Way, Alausa Ikeja, Lagos

Quickteller – repayment table

Estimated monthly repayments at 2.00% monthly interest. Actual terms confirmed upon approval.

Amount \ Term 1 months 3 months 6 months 12 months
₦100,000 ₦102,000 ₦35,333 ₦18,667 ₦10,333
₦200,000 ₦204,000 ₦70,667 ₦37,333 ₦20,667
₦300,000 ₦306,000 ₦106,000 ₦56,000 ₦31,000
₦400,000 ₦408,000 ₦141,333 ₦74,667 ₦41,333
₦500,000 ₦510,000 ₦176,667 ₦93,333 ₦51,667
₦600,000 ₦612,000 ₦212,000 ₦112,000 ₦62,000

Representative example

Loan amount ₦250,500
Repayment term 12 months
Monthly interest 2.00%
Monthly repayment ₦25,885
Total interest costs ₦60,120
Total amount payable ₦310,620

* Example is for illustration only. Actual terms are confirmed upon loan approval.

Quick overview

Loan amount ₦1K – ₦1.0M
Term 1 – 12 months
Interest from 2.00%
Approval 24 hours
Age 18+ years
Online application Yes

Requirements

  • ✓ Valid BVN
  • ✓ Active Nigerian bank account
  • ✓ Valid ID
  • ✓ Nigerian phone number registered on Quickteller
  • ✓ Minimum age 18 years

Loan features

  • Access to personal loans from ₦10,000 to ₦500,000
  • Multiple partner lenders
  • Interest varies by lender (from ~2% per month)
  • Disbursement within 24 hours
  • Backed by Interswitch Group
  • Bill payments, transfers and loans in one app