How to get Loan From Renmoney and requirement

Renmoney is a leading microfinance bank in Nigeria that leverage in technology ,data and innovation to deliver outstanding service to make financial inclusion count when it come to given out loan without collateral or guarantors.

They offer convenient loan to meet needs like growing your small business, renovating your home, buying a new car, paying rent, school fees, medical bills, etc.The good aspect is that you can get up to N6million for up to 24 months when you meet their requirement.

Renmoney loan facility is for both salary earner or run your own business,Small and Medium-Sized Enterprises (SMEs) and startup entrepreneurs can get loan that will help you meet your needs conveniently.

You can also read: How to apply for AB microfinance bank Various Loan application

Renmoney loan requirement

1.Be between 25 – 59 years old
2,Have a verifiable source of income
3.Live and /or work in cities where they operate
4.Have a savings or current bank account with any commercial bank
5.You should be able to provide statement of your bank account for up to six months. There should be no issues of returned cheque.
6.Have a Valid ID that can prove your identity
7.Have a recent passport photo and an identity card to prove that you’re a staff of your organisation when you fall into the categories of employee.
8. You must be operate as a business more than 1 year when you fall into business category.
9.You need your bank statement, a government issued ID card and utility bill
10. Have bank verification Number{ BVN} due to CBN policy applicable to financial institutions as part of KYC requirements.

Renmoney interest rate

Renmoney Interest Rate depends on your repayment choice which normally 35.76% Total amount payable.You can also make use of their loan calculator to demand your loan by visiting

You may also like:How to Apply for Various Accion Microfinance Bank Loan In Nigeria

How to apply for loan from Renmoney

1. To apply for renmoney loan interested customers can apply via website

2.Choose your loan tenure & amount then share some information about yourself

3.Verify the information that you’ve provided

4.Sign your documents and get the money in your bank account within 24 hours, if your
loan is approved…Also you can visit any of their branch office if you prefer not to apply online.

Renmoney Loan term

The loan term ranges from 1 month to 12 months


Renmoney Customer Care

Renmoney head office address: 23, Awolowo Road Ikoyi, Lagos.
Phone number: 0700 5000 500,0700 73666639.

Renmoney Branch Address

Marina 27-29 Odunlami Street, Marina
Ikeja Pentagon Plaza, 23 Opebi Road, Ikeja.
Lekki F61 & F62 Road 3, Ikota Shopping Complex, Ikota, Lekki-Ajah.
Surulere Kings Plaza, 80, Adeniran Ogunsanya Street, Surulere.

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