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Renmoney Loan Login

Are you looking for Renmoney Loan Login portal? are you willing to register on if yes then follow the steps here. Sign Up & sign in recommendation overview, Renmoney Loan is assumed to be the best online money lender.

About Renmoney 

Renmoney was founded in the year 2012 and operates on a microfinance banking license in Nigeria. Renmoney is a fintech lending company operating in Lagos, Nigeria. Renmoney offers convenient personal & business loans of up to ₦6Million to individuals and small businesses. They also offer
high-interest rates on Fixed Deposits & Savings. Our business is regulated by the CBN and Savings & Fixed Deposits are insured by NDIC.

Renmoney Loan Application Requirements

When you visit Renmoney loan website or one of their branches to apply for a loan. You’d usually complete an application form and provide information about yourself or your business. This is usually followed by a loan approval or decline.

Here’s what Renmoney wants to know about you during this process.

Are you a real person?

We determine this by verifying the identification information you have provided during your application e.g. your ID card, BVN, etc. We request government-issued ID card such as driver’s licenses, voters card, international passports, or national ID cards (NIMC).

What does your credit profile look like?

We’ve shared all the details you need to know about where we get your credit report from, what it contains, and how we use the information in your credit profile in this article — Your credit profile/report & what it says about you. There are tips on how to improve your credit profile there too!

Can you conveniently afford to pay a loan?

We’ll review your bank statement and analyze your income (or if you are a business, your cash flow) to estimate your ability to make your loan repayments conveniently.

Why do we request your BVN

We make this request because it is a KYC (Know Your Customer) requirement by the CBN for all financial institutions including Renmoney. We need it to process your loan request as well as to open a Savings or Fixed Deposit account in your name. We take data security and privacy very seriously and employ best in class information security measures across all our processes.

How to get Renmoney loan best offer

When you want to buy something, you press for the best deal available in the market. Getting a Renmoney loan is no different; you have the power to decide the terms that are convenient for you and your finances.

You can choose and decide:

  • How long to borrow for: Choose from a flexible duration of up to 3 to 12 months; you can negotiate 18 or 24 months on your next loan.
  • How often to pay: Whether you get to make repayment monthly or weekly depends on you and why you’re taking the loan. Repayment for personal and micro-business loans are made monthly and weekly respectively.
  • How much it’ll cost you: You see all the details about rates and repayment clearly stated in your loan offer. We’ll make you an offer once you complete your application.

Your cash flow Determines Loan Offer you get

One of the things we want to know before lending to you is if you can conveniently repay. We’ll review your bank statement and analyze your income (or if you are a business, your cash flow) to estimate your ability to make your loan repayments conveniently.

Sharing your bank statement with us is online and convenient — all you need to do is log in to your banking platform. This process is safe and your information is secured with the best banking technology.

Your credit profile also has a role a play

Businesses want to know more about you and your financial behaviour before they trust you with money. Asides from banks and lending companies, some employers, insurance companies etc. may consider your credit profile/history to decide if they should offer you things like loans, credit cards, mortgages, insurance, etc.

They may also consider it when deciding loan terms (e.g. rate, tenure, etc.).

Renmoney team will review your bank statement and analyze your income (or if you are a business, your cash flow) to estimate your ability to make your loan repayments conveniently.

Check Also; How to Apply For FairMoney Loan Online –

How to Apply For Renmoney Loan Online

Follow these guidelines listed below to get a loan from Renmoney:

1. Visit Renmoney website

The easiest way to apply for Renmoney loan is to visit loan website/portal via

2. Complete Renmoney Loan Application form

On the website, make sure you fill out and complete the loan application form.

3. Create an Account or Sign In

You’ll be prompted to either create an account (if you don’t have an account with Renmoney) or sign in with your Renmoney account.

Upon creating an account, you would automatically receive a Renmoney MFB Account Number. You’ll need to fund the account number with at least ₦100.

4. Upload Documents and Confirm Your Loan Application

You may need to upload your documents, which should include, your ID, proof of address, and bank statement.

5. Wait for Your Loan Approval

At this stage, you would need to wait a bit. Your loan application is manually reviewed.

To create an account with Renmoney, just visit or download Renmoney app and register. You can also call Renmoney agent on 0700 5000 500 so they can guide you through the process.

It can take between a few minutes to 24 hours for your loan request to be fully processed. If your loan is approved, you will get a credit alert in the bank account provided on your profile. You can also check your email for confirmation.

About Peter Lawson 2363 Articles
Peter Hezekiah Lawson (Sir Pee). The CEO of A reputable researcher, Web Developer, ICT Instructor and a publisher of many research works in Education. Call/Whatsapp for complete material: 07068634102