RapidNaira app Personal Loan app

RapidNaira app Personal Loan app

RapidNaira - Personal Loan App is the most famous version in the RapidNaira - Personal Loan App series of publisher RN TEAM

Additional Information

Genres
Version
1.0.7
Developer
RN TEAM
Requires
Android 6.0 and up
Android Android 6.0 and up Finance
Size
14M
Updated
April 28, 2022
Read
5.6K views
4.5 ( 942 ratings )
Price: $0

RapidNaira - Personal Loan App poster

RapidNaira app Personal Loan app Get up to ₦500,000 through our secure application and get your loan decision in minutes. Get money within 24 hours of binding your bank account. Payback on time and double your credit line within two months.

Who can apply RapidNaira

1. Any Nigerian resident and citizen over 18 years of age.
2. Have a valid identity document and cell phone number.

RapidNaira How does it work?

1. Download the BeNaira application.
2. Fill in our short-term loan application.
3. Confirm the loan amount and maturity date you want.
4. Send funds directly to your bank account
5. You may pay in full or in part at any time before the due date.

RapidNaira  Loan rates and fees

Loan Amounts: ₦ 5,000 to ₦ 500,000
One-time service / interest fee: 2%- 35%
Maximum Annual Percentage Rate (APR): 66.21% – 270.44%
Late fee: a one-time fee of 8% of the outstanding amount due
Minimum repayment period offered = 61 days
Maximum repayment period offered = 180 days

RapidNaira Example Fees

For a borrower who takes a ₦ 40,000 loan for our 61-day term, they would owe a service/interest fee as low as 14%, which would be ₦ 5600, for a total payment of ₦ 45,600.
₦ 40,000 (principal) + ₦ 5600 (service / interest fee) = ₦ 45,600 (total payment)
Privacy
Rest assured that your data is private and secure. We will never disclose any personal or loan information to anyone other than you without your permission. We will never sell your data to a third party. Read our privacy policy, which can be found on our website at https://h5.rapidnairaapp.com/#/provicy
Contact Us
Service Times: 9:00 – 18:00
Email: [email protected]
Address: 2-1 EDE STREET 1285 APAPA NIGERIA

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