Finance

Bingo loan app – Interest rates, Eligibility, Customer Care Number

Financial crisis may come into your life unannounced anytime. Catering to such financial emergencies becomes extremely difficult if you don’t have savings, and asking your friends or relatives for big financial support may not be a good idea. During such circumstances, personal loans can come to your rescue. If you are looking for a personal loan to fulfil any financial requirements, opt for the Bingo Loan app.

Bingo loan details

Loan amount₦1,000 to ₦50,000
Loan tenure7-30 days
Interest rate6% to 25% monthly interest.
Credit historyNot required
Customer care number+234 8166698237

Bingo Loan is not just an instant personal loan app from where you can apply for an online personal loan in the most seamless manner, it is your one-stop solution that helps in searching and applying for your dream job, exploring numerous deals and offers from brands of all sectors, and earning and redeeming reward points for exciting products.

Why Apply for Bingo Loan?

Bingo loan offers the following benefits: 

  • Online personal loan review: Bingo loan follows an easy online application, approval, and disbursal process. The entire process is paperless, and you can repay the loan in EMIs online.
  • Security & transparency: Bingo loan platform is completely safe and secure. Your details are not shared with anyone. Also, there are no hidden charges. It’s safe, instant and reliable.
  • Nil prepayment charges: The loan bingo app doesn’t levy any charges on the prepayment of the loan.
  • Collateral-free loans: Bingo personal loans are offered with minimum documentation based on the borrower’s credit history, and there is no need to pledge any security.
  • 24×7 customer care: Bingo Loan offers 24×7 customer care service. You can call the Bingo loan customer care number anytime to ask for anything related to Bingo Loan products.
  • Credit history building: Bingo Loan helps you build a strong credit history and score if you repay the loan on time and regularly.
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How to Apply for Bingo Loan?

Follow the steps mentioned below to apply for a personal loan through the Bingo Loan app:

  • Download the Bingo Loan app from the Google Play Store.
  • After downloading the app, opt for Bingo loans log in.
  • Fill in all your details in the application form.
  • Enter the desired loan amount and tenure.
  • Enter your phone number.
  • You will get an option to apply for the loan.
  • Fill in the eligibility form, which includes the following details:
    • Email ID
    • Employment type
    • Company type
    • Industry type
    • Current company’s name
    • Company address
    • Year of employment
    • Monthly in-hand salary
    • Mode of salary
    • BVN number details
    • Full name as per your BVN card
    • PIN Code of current residence
    • Mobile number
  • Now will have an option to select from multiple offers. You will be shown various lenders’ options based on your eligibility.
  • Submit the details to complete your application process.
  • A representative of Bingo Loan will contact you to confirm the details entered by you before sharing your application with the lender.
  • Wait for the approval and amount disbursal directly to your bank account.
  • You can also check Bingo loan application status through the app.

FAQs

Is Bingo loan approved by the CBN?

Bingo loan and most other online loan apps do not require CBN approval to provide short term loan services online.

Is Bingo loan legit?

Bingo loan is legit and does give short term loans but with high interest rates and short repayment period starting at just 7 days.

Ibrahim Ismail

A passionate and highly skilled individual who has seamlessly blended the worlds of statistics, technology, and finance.

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