EaseMoni loan- USSD code, interest rate and repayment

One of the fastest way to get loan these recent days is through online loaning app, which EaseMoni loan is a good recommendation. In this post, we will analyse all you need to know about EaseMoni loan both USSD code, interest rate and repayment.

EaseMoni loan: Some facts about them

From our findings, EaseMoni is a loan platform in Nigeria that provides quick and easy access to loans for individuals and businesses. The platform was founded by Oyetunji Abioye, who is a fintech entrepreneur and CEO of EaseMoni.


This platform offers loans ranging from ₦10,000 to ₦2,000,000 with easy repayment terms. For the calculations, they make use of advanced technology to assess borrowers’ creditworthiness and provide instant loan decisions. From my experience, I will say the platform has a user-friendly interface and allows borrowers to apply for loans online or through their mobile app.

Though some Nigerians don’t know about this platform, but I discovered they are rapidly gaining popularity in Nigeria due to its fast approval process and good interest rates. I will say the company is committed to promoting financial help and providing access to loans to various willing Nigerians.

EaseMoni USSD codes: Codes for various transactions in EaseMoni

Now, let’s check out some important ussd codes that you can make use of for quick transactions in EaseMoni.

The official USSD code for EaseMoni is 347334# and you can use it for different transactions which you can find after dialling the code. So, if you are in a haste and not able to visit their website or app, this code is what you need.


EaseMoni Loan: Interest rate

Though loan platforms in Nigeria do not publicly disclose specific interest rates as they may be subject to change based on various factors such as the amount of the loan, the repayment period, and other individual financial circumstances.

Interest rates on loans in general can vary depending on the lender’s policies, the borrower’s creditworthiness, and the prevailing market conditions. Typically, lenders offer different interest rates based on the loan amount and the repayment period – shorter-term loans may have higher interest rates than longer-term loans.

And for EaseMoni’s loan interest rates, it is best to visit their official website or contact their customer service directly. It’s important to review the terms and conditions, including the interest rate and other associated fees, before applying for a loan to ensure that it aligns with your financial needs and capabilities.


Nevertheless, I will give you an interest which you should be watching out for. EaseMoni interest rate is 5% to 10% per month if you are to pay up within a year, though in most cases it might not be applicable for first timers.

EaseMoni loan: Requirements go get loan

To obtain a loan from EaseMoni in Nigeria, individuals will need to meet to their loan requirements and provide specific documentation. While specific requirements may vary based on the type of loan and the applicant’s profile, some common requirements to get a loan from EaseMoni may include:

  1. Age: Applicants are usually required to be within a certain age range, often between 18 and 60 years old.
  2. Valid Identification: A valid means of identification such as a National ID card, driver’s license, voter’s card, or international passport may be required.
  3. Bank Verification Number (BVN): Applicants may need to provide their BVN for identity verification and credit assessment purposes.
  4. Bank Account: A functional bank account in the applicant’s name is typically required for loan disbursement.
  5. Employment Status: Some loans may require proof of employment or a stable source of income. Self-employed individuals may need to provide business registration documents or tax identification numbers.
  6. Contact Information: Applicants need to provide accurate contact information such as a valid phone number and email address.
  7. Repayment History: Applicants’ credit history and repayment behavior may also be considered during the loan approval process.

EaseMoni loan: Repayment process

After you have successfully gotten your loan, next thing is for you to pay back loan you borrowed. The repayment process for EaseMoni loans in Nigeria actually involves several key steps which we will analyse below:

  1. Loan Agreement: Upon approval of the loan application, the borrower will receive a loan agreement outlining the terms, conditions, and repayment schedule. It is important for the borrower to carefully review and understand the terms of the agreement.
  2. Repayment Schedule: The loan agreement will specify the repayment schedule, including the installment amounts, due dates, and the total repayment period. You should take note of these details to ensure timely repayments.
  3. Payment Options: EaseMoni may provide you with various payment options, such as direct bank transfers, mobile money transfers, debit card payments, or other electronic payment methods. It is important to be aware of the available payment channels and select the most convenient option for you.
  4. Reminders and Notifications: Most lenders, including EaseMoni, do send reminders and notifications to borrowers to enhance timely repayments. This can be through SMS, email, or in-app notifications.
  5. Timely Repayment: You are responsible for making the scheduled loan repayments on time. This helps in maintaining a good credit history and avoiding late fees or penalties.
  6. Early Repayment: If you choose to make early or additional repayments to reduce the outstanding loan balance and potentially save on interest payments. EaseMoni have specific policies regarding early repayment, including any associated fees or benefits.
  7. Loan Completion: Upon successful completion of the repayment schedule, the loan is considered fully repaid, and the borrower’s obligation to the lender is fulfilled.


I believe you have gotten the informations required to get loan from EaseMoni loan, as we have discussed their USSD code, interest rate, Requirements and repayment processes. So, follow our guidelines and get your loan without stress.


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Frequently asked questions about EaseMoni loan

How do I apply for a loan with EaseMoni?

To apply for a loan with EaseMoni, you can visit their website or download their mobile app. You will need to create an account, complete the loan application form, and provide the necessary information and documentation for assessment. Once your application is submitted, you will receive a decision promptly.

What are the loan terms offered by EaseMoni?

EaseMoni offers loans ranging from ₦10,000 to ₦2,000,000 with flexible repayment options. The loan terms, interest rates, and repayment schedules may vary based on the borrower’s creditworthiness and the loan amount requested.


How quickly can I get a loan from EaseMoni?

EaseMoni is known for its fast approval process, and eligible borrowers can typically receive loan disbursements within a few hours to a day of approval. The speed of loan disbursement may vary based on factors such as the completeness of your application and the verification process.

How can I contact EaseMoni customer support?

You can reach out to EaseMoni’s customer support team through their website, mobile app, or contact channels provided on their platform. They typically offer email support, phone support, and in-app messaging to assist borrowers with any questions or concerns.

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