NairaMax is a loan application in Nigeria, offering loans from ₦5,000 to ₦150,000 with reasonable interest rates and flexible terms ranging from 91 to 365 days.
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With the development of technology and the Internet, online loan applications and websites have emerged, providing reliable, convenient services that meet the borrowing needs of many customers. Among these, NairaMax stands out.

NairaMax is an application specialized in providing reputable, quality, and convenient loan products in Nigeria. The main advantages of borrowing money through this application are convenience, simplicity, and quick disbursement. The app also accepts a wide range of customers for loans, including those with poor credit histories.

If you find borrowing money from banks, credit institutions, or your loan applications being rejected to be complex, NairaMax App is the best solution. The approval rate for customer loans on this app is as high as 95%.

Product features of borrowing at NairaMax

  • Loan Amount: From ₦5,000 to ₦150,000.
  • Loan Term: From 91 to 365 days.
  • Daily Interest Rate: Ranges from 0.056% to 0.096%.
  • Maximum Annual Percentage Rate (APR): From 20.44% to 35.04%.

Example of a loan

Suppose you borrow ₦10,000 with a daily interest rate of 0.06% and a repayment period of 180 days. The calculation is as follows:

  • Principal loan amount: ₦10,000
  • Total interest: ₦1,080 = ₦10,000 * 0.06% * 180
  • Total amount due: ₦11,080 = ₦10,000 + ₦1,080
  • Monthly repayment: ₦1,846.66 = ₦11,080 / 6

Based on this example, you will repay ₦1,846.66 each month for 6 months. Note that loans are calculated based on daily interest rates and depend on the loan term and amount. Please ensure that you understand the terms and conditions, as well as the associated costs of borrowing from NairaMax or any other financial service before deciding to borrow money.

NairaMax utilizes artificial intelligence and big data risk control technology to provide users with convenient, fast, and secure financial credit services.

  • Automatic approval system, fastest loan time is 1 minute.
  • Online mobile borrowing registration without collateral.
  • Flexible and diverse installment plans.

Conditions for borrowing from the Naira Max

To borrow money from NairaMax, customers need to meet the following basic conditions:

  • Have a valid ID or identification document.
  • Must be 18 years of age or older and have citizenship rights.
  • Currently residing and operating within the territory of Nigeria.
  • Have a valid and active primary bank account.
  • Have a stable occupation and be able to demonstrate stable monthly income.
  • Have a valid and active primary phone number.

Guide to the loan process on the NairaMax App

The steps for borrowing money on the NairaMax app are extremely simple and convenient. Customers only need to stay at home, have an internet-connected electronic device to download the app and follow the process below.

Account registration

First, users proceed to download the NairaMax APK/IOS from and register an account by entering their Phone Number and selecting Register. Then, the app will send a verification code to the phone number you provided so that customers can proceed with the next steps.

Before borrowing, customers will need to provide personal information such as: Full name, Gender, Date of birth, Home address, Personal ID. Additionally, customers will need to provide employment information and evidence of their salary.

Loan request

To borrow money, users select the Loan feature on the app. A transaction form will appear with information for customers to choose from, including Loan amount, Loan term, transaction method, and account information. Users can choose to transact directly through their bank account or e-wallet, including:

  • Bank account: Can choose from many major banks in Nigeria
  • E-wallet: Includes various e-wallets. Supports transactions 24/7 and on all days of the year.

After completing the form and selecting “Submit request”, the app will receive the application and proceed with approval, providing results within a maximum of 30 minutes, followed by disbursement. Users can track the status of their approved loan and successful disbursement in the Orders feature. Specifically, this feature will provide:

  • Loan confirmation: Indicates that your loan is in the approval process.
  • Awaiting disbursement: Meaning your loan has been approved and is in the disbursement process.
  • History: Provides detailed information about successful and failed loans.

Payment upon due date

When the loan is due, payment requests will be sent to your phone number and account. Customers will proceed to repay the loan amount along with interest through the two transaction methods mentioned above, either through a bank account or e-wallet. Customers will not need to calculate interest as the app will provide the total amount due.

Notes when borrowing money from Naira Max

Some notes for users to successfully borrow money from NairaMax:

  • The app does not support lending to customers with bad debts.
  • Do not use disposable SIM cards to be accepted for loans.
  • Supports nationwide lending but limits operations in border areas, islands, etc.
  • Supports customers with stable jobs and monthly income.

Contact information

  • Below is the contact information for NairaMax:
  • Company Name: Trustrock Fintech Nigeria Limited
  • Email: [email protected]
  • Website:
  • Address: Unnamed Road Unnamed Road Yenagoa Bayelsa State Nigeria – 561.

If you have any questions or need assistance, please contact via email or visit the official NairaMax website for more detailed information.

We have introduced users to a reputable, fast, and quality online loan application, NairaMax. This app can meet the short-term, urgent borrowing needs of customers with a simple procedure. Wishing everyone success.

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