Top 7 Best Loan App without ATM Card in Nigeria

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Most Rated Top 7 Best Loan App without ATM Card in Nigeria

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As we can see nowadays that the cost of living continues to rise, it’s getting more challenging for many people to keep up with their financial obligations. 

Luckily, thanks to technological advancements, financial institutions, and lending platforms have evolved to provide quick and easy access to loans for individuals in urgent need of instant cash. 

However, most loan apps require debit or ATM card details, which may expose borrowers to risks. 

In this article, I will highlight 7 mobile loan apps that offer prompt cash disbursement without the need for debit or ATM card details.

1. Branch App

Branch App is an advanced digital lending platform that grants access to loans up to ₦500,000 without requiring a debit or ATM card. This app offers free money transfers and investment yields of up to 20% per annum. 

Borrowers can access loans ranging from ₦2,000 to ₦500,000, with monthly interest rates ranging from 2.5% to 20% and an APR of 18% to 260%. The best part? You don’t need collateral, documentation, or a physical office visit to get a loan.

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2. Aella Credit App

Aella Credit is a renowned digital lender that provides loans without the need for ATM card details. This app offers quick loans to individuals and businesses for investment, increased productivity, bill payments, and working capital. 

The monthly interest rate ranges from 2% to 20%, while the APR ranges from 22% to 264% per year. Loan amounts range from N2,000 to N1,500,000, with monthly payments between 2 and 12 months.

3. QuickCredit App

QuickCredit is a lending platform that allows Nigerian mobile users to access loans ranging from N1,500 to N50,000 without a debit or ATM card.
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With minimal documentation and simple steps, you can access qualified loan products online. Once approved, the loan amount will be immediately transferred to your bank account.

4. FairMoney App

As the name implies, FairMoney is a top digital lender that offers quick Soft loans funding. 

You can access loan amounts from ₦1,500 to ₦1,000,000, with repayment periods ranging from 61 days to 18 months. 

The monthly interest rates range between 2.5% to 30%, while the APR ranges from 30% to 260%. 

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In the previous article, I mentioned that FairMoney uses artificial intelligence to analyze bank records and validate BVN before borrowing. You don’t need collateral, a debit card, or documentation to access quick cash loans.

5. Umba App

Umba App is a reputable loan platform that enables you to apply, draw down, and repay loans. Once an individual is verified, the app makes lending decisions based on an assigned risk rating. The app does not require collateral or documentation to access quick loans.

6. Renmoney App

Renmoney is a digital lending platform that offers easy access to quick loans without requiring debit card or ATM card details. 

The loan amount ranges from ₦20,000 to ₦6,000,000, with repayment periods of up to 24 months. The interest rate ranges from 2.5% to 9% per month, while the APR ranges from 30% to 108%. 

7. Okash App

Okash App is a mobile lending platform that provides instant cash loans ranging from ₦3,000 to ₦50,000 without requiring debit or ATM card details. 

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The app boasts of a fast application process, with loan decisions made within minutes and money disbursed within the hour. 

Okash is a lending platform that offers fast loans without requiring you to input your debit or ATM card details. It provides unsecured loans with amounts ranging from ₦3,000 to ₦50,000 with a repayment period of 91 days.

Can loan apps block your BVN?

No!! They can’t lock BVN. Most Loan Apps use BVN to know lenders’ financial identity. 

Can I borrow money on PalmPay?

Yes! Palmpay is ready to borrow you a whopping sum of 1,000 to 100,000. Please don’t default on repayment as this may warrant legal action.

Can I get a loan without debit card?

Yes. Some apps are ready to borrow your money without necessarily demanding your debit card. Some of them include, Okash, fair money, and palmpay. Kindly read this article for more info. 


In conclusion, these are the top 9 best loan apps without ATM cards or debit cards in Nigeria. Thanks for reading this piece to the very end. Thank you. 


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