How to borrow money from palmpay

Have you ever googled “can I borrow money from palmpay” or “does palmpay gives loan” if you have Googled any of these terms then you are in the right place, because in this article you will learn how to borrow money on palmpay.

About

Palmpay is a mobile wallet with many Nigerian banking services which includes but not limited to making payments, sending & receiving money, Investment, Loan and more.

How to borrow money from palmpay

There are 5 steps to borrow money from palmpay:

  • Step 1: Sign Up
  • Step 2: Verify your account
  • Step 3: Increase your loan limit
  • Step 4: Request for loan
  • Step 5: Enjoy your loan

Step 1: Sign Up on Palmpay

To sign up on palmpay you need to download the mobile app from your app store, Launch the app and register with your information.

Step 2: Verify your account

Upon signing up you’ll be asked to provide your bvn, email and ID to verify your account.

Step 3: Increase your loan limit

To increase credit/loan limit, from your palmpay mobile app home screen een

  • Click on “Finance Tab” at the bottom of the page.
  • Then click on Flexi Limit
  • Click Increase Limit

To increase your credit limit you’ll be asked to Bing your bank car, Take a selfie and enter your Bank Verification Number (BVN).

Step 4: Request for loan

To request for loan, from your palmpay mobile app home screen

  • Tap on Finance
  • Click Borrow Now

Step 4: Enjoy your loan

Summary

Reading the above write up you should know and understand how to borrow loan from palmpay, how to increase your loan limit and how to request for palmpay loan.

Conclusion

Thank you for reading another article on my blog, if you have any questions about palmpay loan or any palmpay issues let us know in the comment section below.

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