Zedvance Loan 2024: Requirements For Application

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 quick loan without collateral this post will tell you everything you need to know on how to apply for a Zedvance loan.

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 loans on applications.

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 loans up to 5million naira with loan tenors of up to 18 months and has your money sent straight to your bank account in minutes, therefore, helping you meet your financial Needs

Loan Categories

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 processes 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 the 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’s time.

Private sector loans are issued at a minimum of ₦‎50,000.00 and a minimum of ₦‎5,000,000.00 for a maximum tenor of 18 months (Official email of staff is required)

Public sector loans are also issued at a minimum of ₦‎20,000.00 and a maximum of ₦‎3,000,000.00 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
• Password

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 situation asks for your BVN in case 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.

Find out more about MoneyPal

You can as well access the website to register and apply for any of the loan packages loans

Zedvance Affiliate Program

The Platform also makes it possible for clients to make money by 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 businesses.

One of Zedvance’s missions is to provide 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

Conclusion

Zedvance loan remains one of the convenient places that offer you and me 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

I hope this article has provided enough information and guidance on how to borrow money from Zedvance