Palmcredit – Loan details

Fast mobile loans up to ₦100,000 with money in your account within 15 minutes.

Loan amount ₦1K – ₦100K
Interest from 4.60%
Term 1 – 6 months
Approval 15 minutes

Pros

  • ✓ Money in your account within 15 minutes
  • ✓ Loans available up to ₦100,000
  • ✓ Repayment flexibility 14–180 days
  • ✓ Competitive interest rate from 4.6%
  • ✓ Mobile app-based application

Cons

  • ✗ Limited to smartphone users
  • ✗ Geographic restriction to Nigeria
  • ✗ Maximum amount lower than some competitors

Requirements

  • At least 18 years old
  • Nigerian citizenship
  • Smartphone ownership
  • BVN (Bank Verification Number)

Company information

Transsnet
Lagos, Nigeria
https://www.palmcredit.ng

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.com.ng is an independent comparison portal operated by double technology s.r.o., Czech Republic.