OnlineNaira Bridging Loans

A lot of our members often need a bridging loan either because they are unable to reach needed funds to complete an urgent transaction or for some rate/price movements, dollar equivalent balances change and they are unable to make a further deposit in a timely manner. While we agree that this loan facility may not be for everyone, OnlineNaira Loans have been designed to look after the urgent need for money to complete transactions and planned to be granted within a few minutes.

Loan Rate:Interests - 10 % | Payment Period - 30 days.

Loan Request
If or when you become elligible for a loan, the loan application will appear in your home page when you login. It will show the maximum amount you are entitled to apply for and you will be able to enter the amount you would like to borrow. Submit your loan request and we will usually process in a few minutes.

Loan Repayment
When we grant your loan request, the money is added to your account balance and it becomes available for you to spend, but not to withdraw.

Loan Features
Here are some features of the loan we offer:

  • Only offered to accounts 6 months old or more.
  • You must not have a negative balance at the time of request.
  • Loan is to complete transaction and not to be withdrawn.
  • You must be a certified member to qualify.

Loan Rate:Interests - 10 % | Payment Period - 30 days.

Frequently Asked Questions

Q - Do I need to sign-up to request a Loan?
A - Yes. The loan is only available to logged in members.

Q - Can I withdraw the Loan?
A - No. This loan is to complete a payment in OnlineNaira and not to be withdrawn.

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