![](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
Monibac 17+
Prime Zone Limited
Diseñada para iPad
-
- Gratis
Capturas de pantalla
Descripción
Monibac is an app where you can access loans without any collateral, save and earn interest on your savings, and easily top up and withdraw to your account.
Why Monibac?
1. You do not need collateral before you can access a loan
2. There are no charges on both deposits or loans.
3. You can get an additional 50% of your savings as a loan.
4. You can get from 20,000NGN to 500,000NGN as a loan
5. We will always send reminders for your repayment without much disturbance.
How it works
Install the Monibac App from App Store
Register your account
Start saving
After 3 months, the customer is eligible to request a loan of up to 150% of their total savings.
If they request for the loan, they submit their request on the app, we check to ensure their KYC documents are complete.
If the loan is approved, they will get a request to E-sign.
Once they sign, the approved amount is added to their Monibac Balance
Apart from loans, they can also lock their savings for a specified period of time. For example; if they save for 3 months, they get 3% of their savings. 6 months, they get 5%.
Our Loan Product
Tenure- Our tenure ranges from 90 to 180 days.
Interest rate for 90 days is 9%
Interest rate for 180 days is 15%
Loan amount will be capped at N5 million
Our interest rate depends on the tenure the customer chose.
An example of how this loan and repayment works….
If a customer has N200,000 as total savings, they can get a loan of N300,000.
If they take the loan for a period of 3 months, then the 9% interest will be on the principal amount of N100,000 which is 9,000. Therefore, the total payable amount will be N109,000.
Since the repayment is monthly, the N109,000 divided by 3 months = N36.333
Our APR is between 30.4% and 36.5% if we use 15% for the 6-month repayment and 9% for 3 months respectively.
Eligibility
1. Above 18 years.
2. Lives in Nigeria
3. Have saved on our platform for over 3 months
Contact Us
Customer service Email> admin@monibac.com
Customer service Hotline> 07060953139
Address > Block A211, Sura shopping complex, Lagos Island, Lagos state.
Novedades
Versión 1.5.2
upgrade
Privacidad de la app
Prime Zone Limited, que desarrolló esta app, indicó que entre las prácticas de privacidad de la app, pueden incluirse el manejo de datos que se describe a continuación. Para obtener detalles, consulta la política de privacidad del desarrollador.
No se recopilan datos
El desarrollador no recopila ningún dato en esta app.
Las prácticas de privacidad pueden variar; por ejemplo, según tu edad o las funciones que uses. Obtén detalles
Información
- Vendedor
- Prime Zone Limited
- Tamaño
- 41.1 MB
- Categoría
- Finanzas
- Compatibilidad
-
- iPhone
- Requiere iOS 12.0 o posterior.
- iPad
- Requiere iPadOS 12.0 o posterior.
- iPod touch
- Requiere iOS 12.0 o posterior.
- Mac
- Requiere macOS 14.0 o posterior y una Mac con el chip M1 de Apple o posterior.
- Apple Vision
- Requiere visionOS 1.0 o posterior.
- Idiomas
-
Inglés
- Edad
- 17+
- Copyright
- © 2024 Monibac
- Precio
- Gratis