Latest Branch Loan App Review: All you need to know in 2020

Latest Branch Loan App Review: All you need to know in 2020

Are you looking to get a loan from Branch?  Or you want to understand how a Branch loan work? Then you’re at the right place. Branch offers instant loans to Nigerians from an App. It only takes a few minutes to obtain a Branch loan

branch loan app review by Koboline

Branch is a digital loan provider that operates in Nigeria, Kenya, India and Mexico. With a smartphone and the Branch app, you can access loans in Nigeria of up to N200,000. The Interest rates on Branch loans are determined by a number of factors, including your repayment history and the cost of lending for Branch.  Branch also uses the information on your mobile phone to determine if you’re eligible for a Branch loan.

Review of Branch Loan


4.0 Koboline Rating

Branch loan gets 3.7 out of 5  for overall performance. You need only an internet-enabled device, a Facebook account, BVN, the branch loan app and valid bank details to apply for a branch loan. Branch loan is only available on an Andriod app. Branch loan interest rates are between 3% – 21% with a loan tenure of 30 to 300 days.

Ratings at Koboline are determined by taking into account pricing, discounts, ease of use/filing a claim, website transparency, Appstore data, financial strength, and complaint data from social media.

Applying for a loan using the Branch loan app

branch loan app review by Koboline

To apply for a branch loan, you need to have the  Branch loan app. Branch doesn’t offer a website or desktop app for accessing its loans. Only through an Andriod mobile app. A branch loan iOS app doesn’t exist. To download the branch loan app on Google Play Store go to this link. After downloading the app, you can set up a branch account by filling in the required information so you can start accessing loans from Branch.


Once Branch account is set up you can now apply for a Branch loan by following these steps: 

  • Open the Branch loan app on your device and click the icon on the top left corner.
  •  Then click ‘My Loans’  options to see your current loan offers
  • If the loan offer meets your need, click on the button containing your loan amount.
  • Submit the bank account you wish to receive the loan
  • Then click on “Request this loan”
  •  Click on “Apply” to apply for your branch loan
  • You should receive your loan in a few minutes.

ALSO SEE: Everything you need to know about Ren Money Loan

How do I pay my branch loan in Nigeria?

You can payback a branch loan through the Branch app with a debit card. You can also pay the branch loan via a Bank transfer. By clicking Bank transfer as the repayment option, you’ll be shown your unique account number to transfer the funds to. You can also repay your branch loan via USSD through the branch app for GT Bank, Sterling, UBA and Zenith accounts only.

 You can also repay your branch loan with cash by visiting any GTBank branch and using . You can repay your loan in cash at any GT Bank branch using GTCollections.  Tell the teller you want to use GTCollections to pay into “Branch International Financial Serv Ltd” using GTCollections. Enter your personal details on the deposit slip. Find your “Reference ID” in the Branch app by clicking “Tap to Pay”. Select the amount you wish to pay. Then choose “Cash” from the “Repayment method” dropdown option. Add your “Reference ID” to the deposit slip.

Note: If your payment is successful, your repayment will reflect on your Branch account immediately. A bank charge of ₦100 will apply for cash repayment.

Branch loan Customer Care

Branch doesn’t have a number or an email for customers to reach them regard questions about their loans. The only way to reach Branch is to send them a message through its apps

Related Posts
Leave a Reply

Your email address will not be published.Required fields are marked *

Become smarter with your money.Get exclusive advice and tips on how to keep and grow your money in Nigeria.

Subscribe to Koboline's newsletter.