Nairabox Loan App Review
Nairabox provide loans ranging from ₦10,000 to ₦300,000, with repayment periods ranging from 91 days to 365 days.
Nairabox's interest rate is the lowest among all mobile phone loan applications, with annual interest rates ranging from 28.5% to 146%.
Nigerians, who are over 20 years old and have a stable job, can apply for loans from Nairabox . You can repay within 91 to 365 days.
Is Nairabox Loan App Legit or Scam
Nairabox loan app is legit and genuine. Many people have been using it to get instant loans. If you notice any irregular transaction contact Nairabox customer service.
Is Nairabox Loan App Safe
Nairabox app is very safe and secured. All your information are protected, privacy is guaranteed and transactions are secured.
Nairabox Loan Interest Rate
Borrow NGN10,000 within 3 months
Interest (total cost of the loan): NGN3,800 (NGN10,000 * 38% = NGN3,800 interest)
Representative annual interest rate: 120%.
The total repayment amount is NGN 13,800
Three months repayment NGN 4,600
How Much Can I Borrow From Nairabox Loan App
You can borrow between 10,000 naira and 300,000 naira
Requirements To Get a Loan From Nairabox Loan App
To get a loan from Nairabox app:
- You must reside in Nigeria
- You must have a BVN
- You must have a source of income
- You must be between 22 to 55 years
How To Apply For Loan On Nairabox Loan App
To borrow money from Nairabox app:
- Download Nairabox loan app
- Register with your correct details
- Request for a loan
- Get the loan
How Long Does It Take Nairabox Loan App To Give a Loan
It takes few minutes to hours depending on the amount.
How To Repay Nairabox Loan
Simply login to the Nairabox app, go to the repayment option, choose a repayment method you are okay with to repay the loan.
Nairabox Loan Customer Care
Email: nairabox.service@gmail.com
3 Awolola St, Ojo 102101, Lagos, NIGERIA