Secucash loan app is a lending platform in Nigeria that gives customers Instant Online Loans with just few steps. You can get personal loan of up to ₦100,000 unsecured from this loan app.
The information provided in this article concerning this app is based on information available from the owners of the app and in no way represents the opinion of growfinance and it’s authors.
Secucash loan requires no collateral or paperwork.
Secucash Loan App Services
In addition to giving loans, this platform offers the following service
1. Get an account number and use it to receive money from anyone in Nigeria
2. Add money to your account
3. Send money to any bank account for FREE
4. Pay your bills
Features Of Secucash Loan
1. Loan term
Secucash Loan period ranges from 91 days to 180 days. During this period, you are expected to repay your loan. *Please note that this loan platform give you several options for you to select when you want to repay the loan.
2. Loan amount
The Maximum loan limit is between1,000 NGN and 100,000NGN
3. Interest rate
Low interest (maximum APR): 19% per year
Example:
For loans of 20,000 NGN with a term During 91 days, the fees charged are as follows:
Monthly interest rate ： 19% / 12 = 1.58%
Monthly interest ： 20,000 NGN * 1.58% = 316.67 NGN
Total monthly payment ：20,000 NGN / 3 + 316.67 NGN = 6,983.33 NGN
Total interest: 20,000 NGN * (19% / 360) * 91 days = 960.56 NGN
Total cost of refund: 20,000 NGN + 960.56 NGN =20,960.56 NGN
How to apply for secucash loan and get approved
To apply for and get Secucash Loan, simply follow the steps below:
1.Download and Install the Secucash APP from the Play Store.
2.Register and fill out basic information.
3.Apply loan online and easy to get approved .
4.Get your loan disbursed into your bank account like Access Bank Group, FirstBank, Zenith Bank Plc, Union Bank of Nigeria, Diamond, Ecobank, and Fidelity.
Requirements to get secucashLoan
For you to be given secucash loan, you need to meet it’s requirements. The loan requirements are highlighted below:
1. You must be a citizen of Nigeria. Living in Nigeria.
2. Your age must be within the range of 18 to 60 years
3. You must have a stable monthly source of income
4. Must have An Android phone with stable internet connection
5. You must be phone number
6. You must have a bank account number with which you will receive the borrowed amount
7. You must have your Bank Verification Number (BVN)
8. The details on your ATM card may also be needed
In conclusion, the above information about Secucash loan app is provided to assist you when you have need for online loan to enable you weigh this against other options open to you so as to take an informed decision. We equally advise that you check up our posts on risks associated with online loans, savings and transactions.
Equally note that our website, growfinance, neither provides loans and other banking services nor promotes any app over the other but merely gives information to the public based on information available from app owners
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