Easemoni Loan App & Code – Is Easemoni Loan Legit?

easemoni loan

last Updated on November 16, 2023

Do you want a loan from Easemoni in Nigeria? Here’s how to get an Easemoni loan quickly. Also, find out if Easemoni is legit.

EaseMoni is one of the most reliable Instant loan apps powered by Blue Ridge Microfinance Bank Limited to make your life easier by offering personal loans when you need them.


With instant EaseMoni Loan Instant loan, you have the opportunity to borrow up to a whopping ₦1,000,000.

What’s even better is that EaseMoni believes in fair and transparent lending practices. The interest rate you’ll be charged depends on your credit history, ensuring that you receive a loan that aligns with your financial circumstances.

If you’re looking for a loan, you don’t need to worry about providing any deposits or guarantees. Simply complete the application, and within a matter of hours, you can receive approval for your loan.

In this guide, we will explore Easemoni and assess its legitimacy as a loan app in Nigeria, providing you with the necessary information to make an informed decision.

Easemoni is an instant personal cash loan app in Nigeria that holds a microfinance banking license issued by the Central Bank of Nigeria.

This licensing signifies that Easemoni operates under the regulatory framework of the Nigerian financial system. With millions of customers relying on their services, Easemoni has established a strong presence in the lending market.

See: How do I get a Loan from Okash

What are the Unique Qualities of Easemoni

These exceptional features make EaseMoni a truly great lending company:

  • Approved and Licensed by the Central Bank of Nigeria
  • Low-Interest Rates
  • Adaptable Repayment Plans
  • Quick Loan Disbursement
  • Loyalty Rewards
  • Data Security
  • Online Application and Approval

Is Easemoni Loan Legit?

Yes, the Easemoni loan is legit, but don’t take my word for it. These factors justify Easemoni’s legitimacy:

Also See: I Need a Loan of 50,000 Naira In Nigeria, How to get it?

Central Bank of Nigeria (CBN) License

Easemoni’s possession of a microfinance banking license from the Central Bank of Nigeria lends credibility to its operations. This license demonstrates compliance with the regulatory standards set by the Nigerian financial authorities, ensuring transparency and accountability.

Positive Customer Reviews

An essential aspect of assessing the legitimacy of any loan app is considering customer feedback and reviews.

While individual experiences may vary, Easemoni has earned millions of customers who have successfully benefited from their loan services. Online reviews and testimonials can provide valuable insights into the app’s reliability and customer satisfaction.

Clear Terms and Conditions

Easemoni clearly outlines the terms and conditions associated with their loans, including interest rates and repayment schedules.

Transparency in providing this information is crucial for you to make informed decisions and avoid any potential misunderstandings or surprises during the repayment process.

Secure Data Handling

As a reputable loan app, Easemoni prioritizes the security and privacy of customer data.

They employ robust security measures and encryption protocols to protect personal and financial information, ensuring that your sensitive data remains confidential.

Checkout: Where to get a Loan Urgently in Nigeria

Responsive Customer Support

Easemoni offers customer support services through its app, website, and other communication channels, enabling you to seek assistance and resolve any issues you may encounter.

User-Friendly Interface

Easemoni’s user-friendly interface is designed to provide a seamless borrowing experience.

The app’s intuitive layout and navigation make it easy for you to access loan information, track repayments, and manage your accounts efficiently.

Timely Disbursement

Easemoni strives to disburse approved loans promptly.

Once your loan application is approved, the funds are typically transferred directly to your bank account within a short period, ensuring that you can quickly access the funds you need.

Responsible Lending Practices

Easemoni emphasizes responsible lending practices to ensure that you can comfortably repay your loans without falling into a cycle of debt.

They evaluate borrowers’ creditworthiness and income levels to determine suitable loan amounts, aiming to prevent borrowers from overextending themselves financially.

Loan Repayment Options

Easemoni provides flexible repayment options, allowing borrowers to make repayments conveniently.

The app typically offers multiple channels such as bank transfers, debit card payments, or direct deductions from borrowers’ bank accounts, making it easier for you to meet their repayment obligations.

Also See: Top legit Loan Apps in Nigeria

Continuous Improvement

As a reputable loan app, Easemoni continually strives to enhance its services and customer experience.

They actively seek customer feedback and implement necessary improvements to address any concerns or suggestions, further solidifying their commitment to customer satisfaction and legitimacy.

Checkout: How to Apply for Kiakia Loan

What is Eaemoni’s Loan Process and Approval

Easemoni prides itself on providing easy and quick loan approvals, eliminating the need for collateral. Their streamlined application process allows customers to apply for loans within minutes, making it convenient for those in urgent need of funds.

The app employs advanced technology to assess applicants’ creditworthiness, making loan decisions based on various factors such as income, employment status, and repayment history.

What are Easemoni’s Loan Terms and Conditions

When considering any loan app, it is crucial to carefully examine the terms and conditions, including interest rates, fees, and repayment terms.

Easemoni offers various loan options, and as an example, let’s analyze their 91-day loan payment terms with a monthly interest fee of 5%.

Suppose you process a loan with a principal amount of ₦3,000. The monthly interest fee of 5% would amount to ₦150.

Therefore, the total amount due at the end of the loan term would be ₦3,150. Easemoni divides the repayment amount equally over the three months, with each monthly repayment amounting to ₦1,050.

What is the Easemoni Loan Interest Rate

EaseMoni, believe in offering low and competitive interest rates to their valued customers. The interest rates range from 5% to 10% monthly, ensuring that you can borrow money without breaking the bank.

The actual interest rate you receive depends on your unique credit evaluation. So, the better your credit, the more favourable the rate! To give you a clearer picture, let’s explore a specific scenario. Suppose you opt for a 60-day loan with EaseMoni.

For this particular loan term, the interest fee is an impressive 3% per month. Let’s say you borrow a principal amount of ₦3,000. With the interest rate of 3%, the monthly interest on your loan would amount to ₦180.

Now, let’s calculate the total amount to be repaid. Adding the interest fee to the principal amount, your total repayment would be ₦3,180.

That’s it! With EaseMoni, you can borrow money at a reasonable interest rate and have a clear understanding of your repayment obligations.

What is Easemoni Loan Tenure?

Easemoni loan tenure is flexible and customer-friendly. However, it is usually between 91 and 365 days (3 and 12 months). But then, the amount you borrow influences the loan term.

How do I Contact Easemoni?

You can reach Easemoni through the following ways:

  • Email: info.easemoni@gmail.com
  • Customer Service phone line:(+234)9087614150
  • Whatsapp customer number: (+234)8073634739
  • Website: https://www.easemoni.com

Final Thoughts on EaseMoni Loan

Easemoni is a loan app in Nigeria that holds a microfinance banking license from the Central Bank of Nigeria. With its easy and quick approval process and no collateral requirements, Easemoni has gained popularity among millions of customers seeking instant cash and can provide you with the same.

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