Secucash loan app offers instant personal loans online up to 100,000NGN with minimum documentation. Pay interest starting from 15% only on the amount taken. Repay the borrowed amount in 1-3 months tenure.
Discover the convenience of unsecured online loans in Nigeria, offering swift access to funds with minimal documentation. Unlike traditional loans, these online platforms eliminate the need for collateral, requiring only your eleven-digit BVN number and basic KYC details. This streamlined process makes them particularly appealing to students seeking emergency cash before receiving their next pocket money.
It’s essential to note that the simplicity of documentation comes with a trade-off. Online loans, due to their unsecured nature, often carry higher interest rates. While these loans serve as a quick financial solution, they should be approached with caution. Reserve their use for genuine emergencies when alternative options are unavailable. Understanding the cost implications is crucial, as the ease of obtaining funds shouldn’t overshadow the potential financial burden. Navigate the online lending landscape wisely, using these tools judiciously and responsibly to meet urgent financial needs without compromising your long-term financial well-being.
Secucash Personal loan details
| Loan amount | 1,000 NGN – 100,000NGN |
| Interest rates | 19% per month |
| Tenor | 1-3 months |
| Age eligibility | 18-60 yrs old |
| Customer care number | 09022428161 |
Features of Secucash loan app
- Purpose: The loan can be used for any purpose without any restrictions. It can be used for consolidation of debts, wedding expenses, travel, education expenses, medical emergencies, repairs & renovations to your home, and so on.
- Quantum:
- The minimum quantum of loan is 1,000NGN and the maximum quantum of the loan is 100,000NGN.
- Multiple withdrawals can be made in multiples of 1,000NGN
- The minimum withdrawal should be 10,000NGN
- Tenure and EMI option can be chosen separately for each withdrawal.
- Interest:
- The rate of interest charged is between 15% p.a. to 32% p.a.
- The interest charged depends on the loan quantum, profile of the customer, tenure of the loan, and other factors.
- The interest charged varies from customer to customer.
- The interest will be charged only on the amount withdrawn.
- Repayment: The repayment period is flexible and ranges from 1 months to 3 months.
- Security: This is an unsecured loan and so no security is stipulated.
- Processing charges: 2% of the loan amount.
How to Downloan APK and Apply for Seacucash Loan
To apply for Secucash Personal Loan you have to follow a few simple steps that are given below:
- Install the Secucash mobile application on smartphone supported with android and complete the application.
- Fill in a few details.
- Upload the required documents.
- After review and verification of the application and documents, you get instant approval on the mobile app itself.
FAQs
Is Secucash loan app legit?
What are the eligibility criteria to avail the Secucash Personal Loan?
The applicant should be in the age group of 15 years to 55 years
The applicant should have a minimum monthly income of NGN30,000
The applicant should be a Resident Nigerian and a taxpayer in Nigeria alone and not a taxpayer of any other country.
The KYC details have to be verified and confirmed.
Should either be a salaried individual with a work experience of a minimum of 6 months
Secucash customer care number
You can reach secucash customer care number on 08099224132, or email [email protected]
