Fund Businesses, pay bills, meet needs with a convenient Renmoney loan. Apply now
Renmoney is a financial institution that offer loan up to ₦6 million with low interest. They are reputable for giving loans without collateral or guarantors with flexible repayment options. This has endeared the brand to Small and Medium-Sized Enterprises (SMEs) and startup entrepreneurs in the country. Individuals with need for personal loans have been able to count on Renmoney.
The firm began it operation in late 2012 and according to our source, they have gated 200,000 loans to individuals, brand to Small and Medium-Sized Enterprises (SMEs).
Renmoney Loan Requirement
The below requirement are flexible depending on the amount of loan you request. however, the below are the basic Renmoney Loan Requirement .
- An active bank account in any commercial bank in the country
- at least 22 and 59 years of age
- Your monthly income will be verified
- Your Credit Bureau Report should be clean
- Your statement of bank account is required up to six months and have zero bounce cheque
- Recent passport photograph
- Person ID card of the Organization you work with
- Your Tax or Pension identification number is required
- A Government Issued ID Card (eg:- International Passport, National Identity Management Commission ID Card, Drivers license etc)
- A letter from the Human Resource of your company
- Your recent utility bills is required
How to Get Renmoney Loan
Getting loan from renmoney is easy and you can get it in less than 24hr. as you read on, i will walk you through a step by step process
- Visit Renmoney website and apply for loan there.
- Fill in the application form
- Upload all required documents
- Once this is done, wait for at least 24hr and you should get an email from renmoney
- You can also visit any of their branch.
How long does it take to get a loan from Renmoney
Renmoney is fast and you can get ₦50,000 to ₦4 million within 24 hours from RenMoney.
What is Renmoney interest rate
The interest rate is flexible depends on the amount of loan you want to get and also how long it will take you to pay back. However, the standard renmoney interest rate is up to 2.9%