Instant Loan Apps in Nigeria That Accept NIN Instead of BVN

Getting quick loans in Nigeria has become easier with digital lending platforms. Traditionally, most loan apps require your BVN (Bank Verification Number) for identity confirmation. However, not everyone is comfortable sharing their BVN, and some people don’t even have one yet. This is where loan apps that accept your NIN (National Identification Number) become useful.

With NIN, you can verify your identity and still access instant loans without providing your BVN. These apps are fast, reliable, and approved by the right financial regulators, which makes them safe to use.

What is NIN and Why Do Loan Apps Use It?

The National Identification Number (NIN) is a unique number assigned to every Nigerian by the National Identity Management Commission (NIMC). It links to your official records and personal data.

Loan apps use NIN as an alternative to BVN for identity verification. By entering your NIN and completing a simple facial recognition step, you can unlock access to loans without putting your BVN at risk.

Benefits of Using Loan Apps with NIN

1. No need to share BVN, keeping your financial data secure
2. Faster verification process — usually completed in minutes
3. Ideal for people who don’t have a BVN yet
4. Easy to use, safe, and widely accessible

Best Loan Apps in Nigeria That Accept NIN

1. OKash

OKash is a popular loan platform linked with Opay. It allows users to verify their identity with either BVN or NIN. Once you input your NIN and complete a selfie verification, you can apply for loans directly through the “Finance > Loan” section on the Opay app.

• Loan amount: up to ₦200,000
• Tenure: up to 91 days
• Interest: transparent and affordable
• No BVN required

2. Migo

Migo (formerly known as KwikMoney) is another trusted digital lender that works with NIN. It offers loans through USSD and its official website.

• Loan range: ₦500 – ₦500,000
• First-time borrowers: ₦500 – ₦50,000
• Interest rate: 5% – 25%, depending on repayment speed

How to borrow from Migo:

• Dial *561# on your phone and request a loan
• Or visit the Migo website, create an account with your phone number, select your loan amount, and receive your money instantly

3. EaseMoni

EaseMoni also partners with Opay, giving users the option to verify accounts using NIN instead of BVN. Once verified, you can apply for quick loans through the EaseMoni app.

• Approval within minutes
• No BVN required
• Widely trusted in Nigeria

4. Palmcredit

Palmcredit is well-known for its flexible loan offers. Although BVN may sometimes be requested, you can use NIN for account registration in many cases.

• Flexible repayment terms
• High approval rates
• Easy-to-use app interface

5. FairMoney

FairMoney is more than just a loan app; it also provides bill payments and transfer services. Users can verify accounts with NIN and electricity bills instead of BVN.

• Loan plus other financial services
• Competitive interest rates
• Responsive customer support

6. Aella Credit

Aella Credit makes borrowing simple by allowing users to register with NIN. It focuses on speed and transparency, making it suitable for both individuals and small businesses.

• Minimal documentation
• Quick loan processing
• Loans tailored for employees and entrepreneurs

How to Apply for a Loan Using Only NIN

1. Download the Opay app
2. Create an account with your NIN
3. Enter your 11-digit NIN
4. Take a selfie for facial verification
5. Go to the Loan section and select your preferred loan app (OKash, EaseMoni, etc.)
6. Submit your loan request and wait for approval

You may also be asked for a utility bill (like NEPA bill) for address verification.

If you prefer not to share your BVN, these loan apps that accept NIN are your best option. They are fast, easy to use, and reliable. Whether you are a student, salary earner, or small business owner, you can access instant credit securely with just your NIN.

Always remember: borrow only what you can repay and carefully review each app’s terms before accepting a loan.

Frequently Asked Questions

1. Can I get a loan in Nigeria without BVN?
Yes. Apps like OKash and EaseMoni allow you to use your NIN instead of BVN.

2. Is it safe to use my NIN on loan apps?
Yes, if you stick to CBN-approved apps such as OKash, EaseMoni, and FairMoney.

3. Which loan app is the best with NIN?
OKash and EaseMoni stand out as the most reliable because they are backed by Opay.

4. How much loan can I get with NIN?
It depends on the app and your repayment history. Most start from ₦5,000 – ₦20,000, but loyal users can access up to ₦200,000 or more.

5. Do I need additional documents besides NIN?
You may need a utility bill to confirm your address and a clear selfie for verification.

ALSO READ: Top Loan Apps in Nigeria Without Face Verification