FriMoni is a new online loan application in Nigeria that is attracting the attention of many customers in the financial market due to its modern and convenient features. With FriMoni , solving personal financial needs has never been easier. With just a smartphone and a national ID card, you can meet all the criteria to borrow money right on the app. More than just a traditional loan service, FriMoni also offers convenience and speed through its simple process and user-friendly experience.
Guide to Applying for a Loan on the FriMoni App
- Download the FriMoni app by visiting the website and downloading the application.
- Register an account upon successful download of the FriMoni app. Begin the registration process by providing the required personal information as guided on the screen.
- Complete personal information: Fill in accurate and complete personal details as requested by the app to facilitate a quick loan approval process.
- Choose loan details: Select the desired loan amount and duration that suits your needs.
- Confirm and wait for approval: Review your loan information on the app and confirm to submit the loan request. Wait for the loan to be processed, which typically takes around 10 minutes for the app to complete the verification.
- Receive funds into your account: If your loan request is approved, the app will transfer the borrowed amount directly into your linked account.
Basic Eligibility Requirements for Borrowing on the FriMoni App
Minimum legal age required to borrow money on the app is 18 years old and above.
Must be a citizen residing in Nigeria.
Applicants are required to have stable employment and sufficient income to repay the loan amount.
Borrowers must commit to having no bad debts or history of poor payment.
Commitment to making payments on time as per the agreed terms.Must possess a valid national ID card (or citizenship card) with a valid expiration date.
Provide a mobile phone number and bank account information to complete the registration process and receive the loan.
Loan Details on the FriMoni App
Loan Amount Range: NGN 6,000 to NGN 500,000..
Loan Term: ranging from 90 days to 300 days.
Annual Interest Rate: 10% – 17% per year.
Customers applying for loans on the app will be assisted by advisors to find suitable loan options. It’s important to note that when participating in borrowing through the app, individuals should ensure timely repayment of the loan. This helps build a positive credit history, making future loan applications easier and more successful.
Repaying Your FriMoni Loan
One of the most important tasks when borrowing money online is ensuring timely repayment of your loan. We will guide you on the easiest and quickest ways to repay your loan.
Payment Options for FriMoni Loans:
- Repay directly through the FriMoni app.
- Make payments via a national bank transfer.
- Make payments through convenient stores.
Key Features of Borrowing on the FriMoni App
- Convenient and Flexible, Saves Time
- Simplified Borrowing Process, Easy Management
- Flexible and Convenient Interest Rates to lighten the burden on customers
- Supports a diverse range of borrowers, including students
- Ensures Customer Safety and Information Security.
Contact Information for FriMoni App
Working Hours: 8:00 – 17:00
Phone Number: 25683420201
Email: [email protected]
FriMoni app has provided users with a sense of security when borrowing money online, offering strong security features, easy loan access with diverse options suitable for all customers participating in borrowing through the app.
