In today’s rapidly evolving world, access to financial resources in the form of loans has become indispensable for both individuals and businesses. In Nigeria, navigating the traditional banking system and online lending platforms can often be challenging, as many of these options necessitate the possession of an ATM card, which not everyone has access to or is comfortable using online due to security concerns.

Fortunately, a new wave of loan applications has emerged in Nigeria, offering users the opportunity to apply for and receive loans within minutes, all without the need for a debit card. These innovative loan apps employ cutting-edge technology and alternative methods of verification, such as basic personal information, to expedite loan approvals.

These apps have revolutionized the lending landscape in Nigeria, providing a convenient and efficient means of accessing loans, regardless of whether individuals possess an ATM card or not. Additionally, these apps often feature flexible repayment options, competitive interest rates, and user-friendly interfaces that enhance the borrower’s overall experience.

In this comprehensive guide, we will explore ten of the best loan apps in Nigeria that do not require an ATM card, giving unbanked or cardless individuals and businesses the financial empowerment they need. So, if you’re seeking convenient and hassle-free loan options in Nigeria, join us as we delve into these remarkable loan apps.

1. Branch

Branch is a reliable fintech app that offers a wide range of financial services, including money transfers, savings, investments, airtime purchases, and bill payments. Importantly, it also provides an option to secure an urgent loan without the need for an ATM card. The platform offers competitive interest rates and flexible repayment methods.

With Branch, you can access personal loans ranging from ₦2,000 to ₦500,000 within minutes. Additionally, the app offers attractive loan tenures, typically spanning from 62 days to one year.

2. Renmoney

The Renmoney app is another prominent player in the Nigerian lending market. Compatible with both iPhones and Android devices, this finance app allows users to perform various financial transactions, such as money transfers, bill payments, and airtime purchases, in addition to offering instant loans without the requirement of an ATM card.

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Renmoney offers loan amounts ranging from ₦6,000 to ₦6 million, with an interest rate of up to 9.33%. Borrowers can enjoy a generous loan tenure of up to 24 months, allowing for gradual repayment.

3. Aella Credit

Aella Credit stands out as a transparent and reliable loan app in Nigeria, offering instant loans without the need for an ATM card, collateral, or documentation. The application process is straightforward and can be completed within minutes.

By downloading the Aella app from the App Store or Play Store, creating an account, and submitting a loan application, users can access substantial loan amounts with reasonable interest rates and extended repayment periods.

4. Umba

Umba is yet another fintech app that caters to Nigerians seeking loans without a debit card. The platform eliminates the need for a guarantor, collateral, or extensive documentation for loan approval.

With Umba, you can secure an instant loan ranging from ₦3,000 to ₦300,000, all at a fair interest rate. Additionally, Umba loans can also be accessed through their website for added convenience.

5. Fairmoney

Ranked fifth on our list of loan apps without ATM card requirements is Fairmoney. This popular lending app in Nigeria offers loans without the burden of documentation or collateral. Importantly, it allows users to forgo adding their ATM card details during the application process.

Using the Fairmoney app, you can simply download, sign up, provide your personal details, and apply for a loan. Within minutes, the approved loan amount is credited to your Fairmoney account, providing the flexibility to transfer funds to your bank account or use them for various online transactions. Fairmoney is highly regarded for its low-interest loans and generous loan tenors, which can extend from one to eighteen months.

6. Quick Credit

Quick Credit, an online lending platform under GT Bank, is another viable option for obtaining instant loans without an ATM card in Nigeria. Loan offers on this platform typically range from ₦10,000 to ₦5 million, all without the need for collateral or a guarantor. Quick Credit loans feature extended tenors, spanning from one to twelve months, and offer flexible repayment options.

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One noteworthy aspect of Quick Credit is its accessibility to both salary earners and self-employed individuals, broadening its appeal to a wide range of borrowers.

7. Irorun Loan App

Irorun is a relatively new loan app in Nigeria that operates without requiring an ATM card. Focusing primarily on microloans, Irorun offers small loans designed for personal use.

By downloading the app and registering an account, users can access loans ranging from ₦5,000 to ₦50,000, all backed by a transparent and user-friendly application process. Irorun also stands out for its flexible loan terms, which can extend up to 180 days, and its competitive interest rates. This app caters to both iPhone and Android users, ensuring accessibility for a wide audience.

8. Quick Check

QuickCheck is a renowned loan app in Nigeria that has gained popularity for its convenience and reliability. It eliminates the need for lengthy queues, extended waiting times, collateral, documentation, or guarantors when applying for an urgent loan without an ATM card.

QuickCheck boasts over a million downloads on the Google Play Store, along with numerous positive reviews. With this app, users can access instant loans of up to ₦1 million, coupled with flexible payment terms that enable gradual repayment over a one-year period. When considering the best loan apps without ATM card requirements in Nigeria, QuickCheck undoubtedly deserves a spot on the list.

9. Okash

Okash is another well-established lending app in Nigeria, offering personal loans with a swift approval process. Unlike some loan apps, Okash expedites loan applications and disburses approved loans directly into borrowers’ accounts in real-time.

Okash loans feature fair interest rates and extended tenors, providing borrowers with the flexibility to select from multiple repayment options.

10. FlexiCash (PalmPay)

PalmPay is a comprehensive online banking app that not only facilitates various financial transactions, such as money transfers, bill payments, and airtime purchases but also offers instant loans without the need for a debit card. Under the Palmpay umbrella, users can access loans through the Palmpay Flexi Cash service.

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Loan amounts on Flexi Cash are determined based on users’ credit scores and details. The app’s interest rates are competitive, and loan tenors typically range from 15 to 30 days. With responsible borrowing and timely repayments, users can increase their subsequent loan limits.

FAQs: Get a Loan Without ATM Card

Q1: Can I get a loan without a debit card in Nigeria? A1: Yes, several loan apps in Nigeria offer loans without requiring a debit card.

Q2: Which app can I use to borrow money without an ATM card? A2: You can use loan apps such as Fairmoney, Branch, and Renmoney to borrow money without an ATM card in Nigeria.

Q3: Do loan apps request an ATM card to borrow money? A3: No, many loan apps in Nigeria do not request an ATM card to borrow money; they primarily require personal and income details.


In conclusion, loan apps without ATM card requirements have emerged as a lifeline for individuals and small businesses in Nigeria, bridging the gap for those who lack access to traditional banking methods or ATM cards. These apps have ushered in a new era of financial empowerment, making it possible for people to enhance their financial well-being with just a few clicks on their smartphones.

After exploring the top ten loan apps that don’t require ATM cards in Nigeria, you now have a comprehensive guide to select the one that best suits your financial needs and preferences. Whether you’re in need of a quick loan for personal or business purposes, these apps offer a range of loan amounts, competitive interest rates, and flexible repayment options to cater to your unique requirements.

In a rapidly evolving digital landscape, these innovative loan apps provide a seamless and accessible means of securing financial support, ensuring that financial empowerment is within reach for all Nigerians, whether or not they possess an ATM card. So, embark on your journey to financial growth and security by exploring these remarkable loan apps that put financial freedom in the palm of your hand.

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