If you are looking for the fastest way to receive quick cash before payday using your mobile, this article will be a piece of a gem for you. This is because it will tell reveal one of the effective and top recommended instant loan apps in Nigeria that will make your life easier than ever before.
Here is Palmcredit Instant loan app, a credit finance mobile platform designed to offer amazing and instant loans to its low or mid-level income earners. If you download Palm credit instant loan app, you can immediately apply for a personal loan without the due process of filling any paper and if you qualify, based on pre-determined parameters and background checks, the loan will be transferred to your bank account shortly without any complex terms and conditions.
Let’s look into the following important features of this app.
Features of Palmcredit Instant Loan App
The personal loan app offers you the following amazing benefits to users:
- You can take loans through this app of up to ₦100,000 by filling a simple form on your smartphone within minutes.
- By using this app, you can get the loans for a flexible duration of 91-180 days. This is enough period to repay, pay back loans and takes more loans up to a limit ranging from NGN 2,000 to NGN 100,000.
- When you download Palmcredit App and take a loan, you have to pay only 4.6% interest on a monthly basis. This is very affordable and wouldn’t put more pressure or burden on your budget.
- It also allows you the reductions on loans’ interest rates if you repay your loans in specified time limits. Is not this Amazing? It is!
- When you refer this app to your friends, You will get amazing bonuses from this loan app. These bonuses may go up to ₦80,000 cash, which is great.
- Last but not least, you can contact the provider’s customer support service numbers for any query or concern. Their customer support is available 24/7 to make the loan services easy, convenient, and tension free for you.
Palmcredit interest rates
As of this update, Palmcredit current loan interest rates hover around 14% to 24% which is equivalent to a monthly interest of 4.6%. Overall, the interest rate charged on principal, including fees on loan secured from the Palmcredit instant loan app is 56.78%.
If you borrow N100,000 for 180 days, your interest repayment will be 24% which is N24,000.
How to download Palm credit app and take a loan
- To get Palmcredit loan app on your mobile, simply search this loan app into your android phone’s play store. If you are using the iPhone, you might have to wait a while as the app isn’t available on the IOS store, as of this update.
- Once you get it in the search results, install, and launch instant loan app into your mobile phone.
- After a successful install, you will be required to register using your original identity; enter your personal details, your information will be verified while you wait to get loan approval shortly.
- After that, you can use your username and password to login into this amazing instant loan app. There, you will see all the details about how to take a loan, how much, payback period, and anything.
The infrastructure of this app is really simple that you will not face any difficulty in using it. You can easily navigate from one feature to another, apply for a loan and get it within minutes from this app. But if you still want to ask questions, connect with the Palmcredit service hotline on 234 700 7256 4357 available from 8 am – 5 pm every week.