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How to Request a Loan From Branch in Nigeria

Branch is one of Nigeria’s leading fintech companies, licensed by the central bank of Nigeria (CBN) to offer instant loan services – among other services like unlimited free money transfer, 20% per annum investment returns, free bill pay, airtime top-ups, etc – to its users. The interesting thing about the loan offers from Branch is the fact that it is collateral-free and users usually get loans disbursed to their Branch wallets instantly. If you need a quick loan for business or personal needs, you should read this article, as we will be showing you how to request an instant loan from Branch and get it in minutes.

Request a Loan From Branch

If your application is successful, your requested loan amount will be disbursed into your Branch wallet, and you can then transfer it into your bank account. And the repayment period for a first-time loan is usually between 2-60 days.


Related: Top Five Nigerian Loan Apps You Should Try Out Today


Repaying Your Loan

Repaying your loan is also pretty straightforward. All you need to do is;

Penalty for Loan Defaulters

Unlike other loan apps in Nigeria, If you default on your Branch loan, you do not get charged a late fee or rollover fee, however, interests on your loan will continue to increase.

About Emmanuel Moses Temidayo

Emmanuel Moses Temidayo is a consumer tech writer based in Nigeria, with a keen focus on fintech, mobile apps, and web technologies across Africa. He covers the latest tech news, provides practical how-to articles, and delves into the dynamic fintech landscape, offering readers a deeper understanding of the innovations shaping the continent's digital future.

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