Renmoney – loan application

4.0 / 5  (389 reviews)
Maximum amount ₦6,000,000
Interest from 2.98%
Term 3 – 24 months
Your money in 24 hours
Apply on official Renmoney website ad

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

Screenshot of https://www.renmoney.com, operated by: Renmoney, used under legitimate licence.

Renmoney screenshot

Contact

Company Renmoney
Address 23 Awolowo Rd, Ikoyi, Lagos

Renmoney – repayment table

Estimated monthly repayments at 2.98% monthly interest. Actual terms confirmed upon approval.

Amount \ Term 3 months 6 months 12 months 18 months 24 months
₦500,000 ₦181,567 ₦98,233 ₦56,567 ₦42,678 ₦35,733
₦1,000,000 ₦363,133 ₦196,467 ₦113,133 ₦85,356 ₦71,467
₦1,500,000 ₦544,700 ₦294,700 ₦169,700 ₦128,033 ₦107,200
₦2,000,000 ₦726,267 ₦392,933 ₦226,267 ₦170,711 ₦142,933
₦2,500,000 ₦907,833 ₦491,167 ₦282,833 ₦213,389 ₦178,667
₦3,000,000 ₦1,089,400 ₦589,400 ₦339,400 ₦256,067 ₦214,400

Representative example

Loan amount ₦300,000
Repayment term 12 months
Monthly interest 2.98%
Monthly repayment ₦33,940
Total interest costs ₦107,280
Total amount payable ₦407,280

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

Quick overview

Loan amount ₦100K – ₦6.0M
Term 3 – 24 months
Interest from 2.98%
Approval 24 hours
Age 22-59 years
Online application Yes

Requirements

  • ✓ Minimum 18 years old
  • ✓ Nigerian citizenship
  • ✓ Valid BVN and ID

Loan features

  • Loans ₦100K–₦6M
  • 3-24 months
  • Digital and office applications
  • Business loans available