Can I Get a Loan Without BVN in Nigeria? Here’s the Truth
If you’re in urgent need of cash, you might be asking:
“Can I get a loan without BVN?”
The short answer is: Yes, it’s possible — and sometimes not possible, there are limits.
Let’s break it down in a simple way so you understand how it works, what to expect, and what you should be careful about.
What Is BVN and Why Do Lenders Ask for It?
BVN (Bank Verification Number) is a special 11-digit number that combines your bank accounts together to helps stop fraud activities and also make your identity safe.
Most loan apps in Nigeria and banks request your BVN to:
- Confirm you’re a real person
- Check your credit history or past loans
- Track you if you default on repayment.
Yes! You Can Get a Loan Without BVN (But…)
Some of the lender before they give you loans without bvn, they will first have access to your smartphone devices to check every single details they need.
What are the thing’s loan app are going to check are :
- This Loan app is going to check your phone gallery.
- Contact list
- The messages you have been receiving in the past, your debit and credit alert.
- GPS/ location
- They’ll check if you have a loan app on your phone, and I have borrowed so much but refuse to pay back.
Popular Loan Apps That May Not Require BVN
Here are a few apps that sometimes offer small loans without BVN:
App Name BVN Required? Note
| Loan App | BVN Required? | First-Time User? | Loan Amount |
|---|---|---|---|
| Xcredit | ❌ Not always | Small loans for new users | Low |
| FastMoney | ❌ No | May need phone number only | Low |
| 9jaCash | ❌ No | Starts with small approvals | Small |
| Okash | ✅ Later | BVN may be requested later | Increases later |
| Palmcredit | ✅ Full access | Signup may not need BVN | Higher with BVN |
Note : Some of this loans app might have stopped giving people loan without BVN. Try to check them out yourselves to see if they are still offering it to people.
I said this because at the time of writing this post, they are giving out loans generously. At any moment, the loan app might stop giving out, if you can’t provide your bvn to them.
Be Careful of Loan Scams.
In the world today, there are many scams that look so good to be true.
You will come across people that will promise you’ll get a loan without providing your BVN, because every body wants this and will fall into their traps.
If you don’t want to be scammed and turn into a crybaby, avoid anybody you come across on social media even if their face is so innocent like a God angel.
Most scammers are using this strategy to cash out big time, they know that you will be very interested if they offer this kind of opportunity to you.
Every legitimate loan app doesn’t ask people to chat with them on social media or whatever, they only do business on their official app or website which you can download on your smartphone devices.
Should You Give Out Your BVN?.
To be honest with you most of the popular apps are going to ask you to provide your bvn for them to verify your identity. Is this loan apps in Nigeria safe for you to drop your BVN.
Yes of course they are safe.
But who you should never give your bvn to is a stranger you meet on a random website, WhatsApp group or fake loan application.
Final Thoughts: What’s the Best Option?
If you really want a loan without BVN:
Collect small amounts from apps like Xcredit or 9jaCash. But remember, they are going to ask for your permission to have access to some things in your device to see if you’re eligible for a loan. If you feel comfortable you can give them permission to do it.
But my preferred method for you is to have a BVN number rather than stressing yourselves over little things.
When you have bvn they’re going to give you a bigger loan, will immediately get fast approval, and lower interest rate so that you can find it easy to pay up your loan.
So friends aside from using BVN to collect loan, you will need it for other important things before you can have access to it.
There’s a time I was too rich, it’s not that am not spending money wisely or not good in saving, the cost of living in Nigeria is dealing with me, i need money to purchase something online for my career urgently.
Then I went straight to Google playstore to download the Fairmoney app happily to get millions in loans.
Then Fairmoney asked me “provide your BVN number”.
Ha.. I wanted to cry loud.
But the next day I went to the bank to collect my BVN number. Ever since then, any legitimate app that asks me to provide my BVN, I give it to them ASAP. So save yourselves the stress of thinking which app is going to give me a loan without BVN.
Your Turn: Have You Gotten a Loan Without BVN?
Let us know your experience in the comments.
And if you found this helpful, share it with someone who needs this info!
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