Kredi meets your banking needs, including loans up to NGN500,000, and savings, at all times

The information provided in this article concerning this app is based on information available from the owners of the app.

Banking needs to be convenient and Kredi Bank is designed to make your life more efficient and secure. As your bank, they make it easy for you to access incredible savings plans when you need it. And should you be tight for cash, you can get loans just whenever, wherever.


Sign up in a few seconds, open your bank account, save and get incredible rates. Alternatively, apply for a loan, and receive your money into your new Kredi Bank account. It’s a fast, convenient, and reliable way to fix your spending gap.


Features And Benefits Of KREDI Loans And App

The following are the main features and benefits of Kredi Loan and Savings app:

1. Account Opening: Opening a Kredi account can be done wherever you are and whenever you want. Simply select an account type and fill in your personal details. It’s easy peasy! Download app


1. Save Money: Saving your money just got better. Simply log into your Kredi account, click the “start saving “button to start saving immediately for all your needs and goals.


3. Loans: Kredi provides small, short-term nano, SME, salary-backed, and collateral-backed loans to cushion your finances when you need it.


4.  Fund Account: Send money and make direct deposits to other bank accounts. With your Kredi account, you enjoy secure transactions with just one click.


5.  Transfer: Enjoy credible, convenient, and quick transfers. You can make transfers to Third Parties seamlessly and in no time. Start making your transfers!


6. Bill Payment: Reliable and secure way to settle your bills and fast payments. Just create an account to manage and pay your bills online with Kredi.


7. Airtime Top-up: Our airtime & data top-up service allows you to send mobile credit to any mobile network. You can buy instant airtime for family and friends where you want, when you want.



Depending on the loan amount for which you are eligible, you have the option to choose repayment terms for up to 180 days. Choose the loan term that’s right for you within the app.

Features Of KREDI Loans

1. Loans range from N5,000 to N500,000.

2. You must be at least 21 years at your last birthday to be considered for a loan.

3. The loan tenor can be between 60 to 180 days.

4. Interest rates range from between 4.5% – 35% with an equivalent monthly interest of 5%- 29%. An APR of 29% to 120%.


A typical example is this:

If you choose to get a 6-month loan of N10,000, Kredi Bank charges an interest rate of 5% per month which would amount to 30% for the tenor. We would charge you N3,000 as the interest of the 6-month period so that your total repayment is N13,000.


5. They usually require no collateral, guarantors, or documents. However, for loans beyond certain amounts, they may require additional documentation. Nevertheless, all you need is to download Kredi Bank app and apply right from your mobile phone.


6. They cater to all categories of loan requests. Whether you are self-employed or a salary earner, their loans are readily available to help meet that immediate need.


Additional information About KREDI Loans

When processing your loan request for eligibility, they look at several signals, such as your credit score, past loan performance, etc. They require that loan applications be filled with the correct information as any falsification could delay your loan request, or your profile may be blacklisted. For cases of fraud, you may be reported to the authorities.

Feedbacks From Customers Of KREDI

Many customers of Kredi Bank who use the app comment that it works well and they are happy with the app’s fastness.

However some of Kredi Banks Customers who use the app are not happy with how the app malfunctions. Sometimes delaying the loan process. Others also comment that the app allows only one account to be created with one phone.


They’re eager to hear from you as they welcome feedback and tips to make their services better. If you have any feedback, questions, or concerns, do well to contact them at [email protected] or call them on +234 1 888 5557.


In conclusion, the above information about Kredi Loan app is provided to assist you when you have need for loan to enable  you weigh this against other options open to you so as to take an informed decision.


Equally note that our website, growfinance, neither gives loans nor promotes any loan app over the other but merely gives information to the public based on information available from app owners

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