Last updated on September 22, 2020
Zedvance is an online loan provider in Nigeria that give short term loans to Nigerians through a mobile app without collateral.
If you are indebted and looking for a where to get a loan without collateral this post will tell you everything you need to know about Zedvance loan and how to apply.
About Zedvance Loan
The platform is available for use 24/7 and people can apply for quick loans. Unless there is a bug. They pledge instant loan on application.
One of the cool benefits of Zedvance is Applicants do not require collateral to access the loan. The only medium to apply is through the mobile app
Zedvance offers loan up to 5million naira with loan tenors of up to 18months and have your money sent straight to your bank account in minutes, therefore, helping you meet your financial Needs
There are 3 Categories Zedvance Loans:
1. Zedvance Nano
Also known as short term Loans, Zedvance nano is a loan specifically made for small scale loans aimed at providing a financial solution to your needs which are usually in smaller amounts.
Whether you are a salary or non-salary earner, you can get Zedvance Nano Loan within N2,500, N5,000 N7,500 or N10,000. With Zedvance Nano, you can also scale up to bigger loans up to N100,000 based on your good credit history.
Nano loans could be sent directly to your account and do not involve special process or collateral, however, you are expected to pay back the money borrowed under this category of the loan in 15 days time.
Repayment is automated. Deduction from customer’s account will happen on the due date and that is why BVN is an essential requirement to access the loan
2. Zedvance Payroll
This category of loan is specifically for top businessmen and salary earners, loans are issued to both government workers and private-sector workers so once it is time to pay back your loan, the company simply deducts it from your salary earnings gradually until the loaned money is fully paid.
The duration to start paying back a payroll loan is usually in a month time.
Private sector loans are issued at a minimum of NGN50,000.00 and minimum of NGN5,000,000.00 for a maximum tenor of 18 months (Official email of staff is required)
Public sector loans are also issued at a minimum of NGN20,000.00 and maximum of NGN3,000,000.00 and also for a maximum tenor of 24 months. (Only Staff ID required)
3. Zedvance for Business
This category of loan is for entrepreneurs looking to take their businesses to the forefront of the market.
Many businesses today have found it difficult to access suitable financial solutions that can help them grow their business.
Zedvance SME loans are suitably designed for Nigerian SMEs who are willing to access credit facilities at any point in time to grow their businesses
How To Apply for Zedvance Loan
If you are a business owner or hoping to start a business soon, you may be looking for financial assistance such as a loan that will aid you set up or run your business properly.
Zedvance Loans are quite easy and very stress-free to apply
Zedvance Loan Application Requirements
Below are the basic requirements for Zedvance loans
- An Active Email Address
- The mobile number linked with your BVN
- Bank Verification Number (BVN)
- Date Of Birth
It is common that people actually get scared and try to avoid engaging in anything that requires their BVN, however, the loan company in this situational asks for your BVN in case if something should happen
It will be an effective way to track your account if the loaned person fails to pay back within the stipulated time since there is no collateral attached to these loans.
You can apply for any of our loan packages through our MoneyPal application available for download on the Google play store.
You can as well access the website to register and apply for any of the loan packages loans
Zedvance Affiliate Program
Zedvance also makes it possible for clients to make money inviting friends to acquire loans with the company
As a Zedvance customer, you can earn up to 50,000 Naira by referring friends, family or colleagues to take a Zedvance loan using your referral link.
You can earn up to 50,000 on a 5,000,000 Naira loan if you are good at referring people to patronize a business model
Also If any of your contacts request a loan using your referral link (or code), you will receive 1% of the amount they receive. It’s that simple!
Your bank account will be credited with 1% of the value of the loan your referral receives in less than 2 weeks after your referral receives the loan.
Remember that your referral has to use your code or link when applying for his first loan for you to earn a bonus.
Is Zedvance Loan Worth It?
Considering the level of rising poverty in the country, Zedfance loans offer quick loans for government workers and businessmen to venture into their business.
One of Zedvance mission is Providing customer-centric financial solutions for all strata of the market, through user-friendly technological innovations.
So in summary Zedvance loan is worth is because it provides you with financial aid to your pressing needs and problems while you pay back during the stipulated time.
Zedvance is one of the best places to get loans without collateral in Nigeria
Zedvance Head Offices
Below are zedvance head offices across Nigeria
1. Victoria Island
177A, Ligali Ayorinde Street, Victoria Island, Lagos
Wuraola House, 82, Allen Avenue, Ikeja, Lagos
58/60, Broad Street (Kakawa Junction) Marina, Lagos.
Millennium plaza Adjacent NNPC Towers, Herbert Macaulay Street, Central area
GNI Building, Oke-Bola, Ibadan
Wisdom House, No. 72, Stadium/Ken Saro Wiwa Road, Port Harcourt, Rivers State
- Read Also: How Recharge And Get Paid Works
Conclusion: How To Apply For Zedvance Loan
Zedvance loan remains one of the convenient places that offer you and I quick loans without collateral, kindly head on to Google play-store download the Zedvance Loan App and apply for quick loans, you refer people and earn massive referral bonuses