Nice Naira Loan App Download, is NiceNaira Legit? Interest Rates, How to Apply

Sponsored links

Hello, Today we’ll talk about Nice Naira Loan App Download, is NiceNaira Legit? Interest Rates, How to Apply

Nice Naira is a Nigerian fintech company offering quick, short-term loans through their app. In this post, we provide a detailed overview of Nice Naira – their loan products, interest rates, legitimacy, customer reviews, download process, application procedure and more.

About Nice Naira

Nice Naira started operations in Nigeria in 2021. They provide collateral-free loans from ₦1,000 to ₦500,000 to individual borrowers through their mobile app. Customers can get loan approval and disbursal within minutes.

Key facts about Nice Naira:

  • Headquartered in Lagos
  • Founded in 2021
  • Backed by foreign investors
  • Uses AI and algorithms for credit scoring
  • Disbursed over ₦5 billion loans so far
  • Over 500,000 app downloads

Nice Naira Loan Products

Nice Naira Loan App Download, is NiceNaira Legit? Interest Rates, How to Apply

Nice Naira offers the following loan products:

Nice Cash

Nice Cash offers loans from ₦1,000 to ₦25,000 for first-time borrowers and up to ₦50,000 for returning customers. The repayment period is 7-30 days with interest rate starting from 10%.

Nice Credit

Borrow from ₦50,000 to ₦300,000 with Nice Credit. It is aimed at customers with a good repayment history with Nice Naira. The loan term is 30-90 days with interest from 15%.

Nice Salary

Nice Salary provides salary advances of up to 50% of your monthly salary to salaried professionals. The loan is repaid when your next salary is credited by your employer.

Interest Rates

Nice Naira offers competitive interest rates between 10% to 25% depending on loan product, loan amount and customer credit profile. First-time borrowers get lower rates.

How to Apply for Nice Naira Loan

Follow these simple steps to apply for and get a Nice Naira loan:

  1. Download the Nice Naira app on your phone from Play Store or App Store.
  2. Register on the app with your personal details, BVN, bank info etc.
  3. Select loan product, amount and tenure you want to apply for.
  4. Upload required KYC documents.
  5. Fill the online application form.
  6. Nice Naira will assess your application based on their algorithms and credit policies.
  7. If approved, get loan disbursed to your bank account within minutes.

Repaying Nice Naira Loans

You can easily repay your Nice Naira loan through:

  • Debit card on the app
  • Bank transfer
  • Cash payment at partner banks and agent locations
  • Auto-debit authorization for automated deductions

Avoid late repayments to prevent penalties and extra charges. Nice Naira provides reminders before repayment date.

Is Nice Naira Legit?

Important factors which suggest Nice Naira is a legitimate lending platform:

  • Registered Nigerian company with valid details.
  • Backed by reputed foreign venture capital investors.
  • Follows responsible lending practices.
  • Partners with regulated banks and financial institutions.
  • Secure encryption and data privacy controls.
  • Provides customer redressal for complaints.

However, as with any lender, borrowers should exercise caution and prudence while taking a loan from Nice Naira or any fintech app.

Customer Reviews

Here are a few customer reviews of Nice Naira from online sources:

“Nice Naira loan helped me bridge a cash crunch when paying rent last month. Got ₦100k loan in just 8 minutes!” – Chike A. on Play Store

“Their customer service resolved my issue quickly when I had trouble with loan repayment. Overall good experience.” – Sandra B. on App Store

“Much better rates compared to other loan apps. My credit limit also increased after I repaid my first loan on time.” – Kunle K. on Trustpilot

In general, Nice Naira appears to have good customer feedback based on quick loan processing, reasonable interest rates and supportive customer service.

How to Download Nice Naira App

Nice Naira Loan App Download, is NiceNaira Legit? Interest Rates, How to Apply

Follow these steps to download the Nice Naira app on your phone:

  1. On your Android phone, open Play Store. On iPhone, open App Store.
  2. Search for “Nice Naira”. The app logo has the brand name in green and white.
  3. Tap “Install” on Android or “Get” on iOS.
  4. Wait for the app to download and install.
  5. You can now open the Nice Naira app from your phone’s home screen and apply for a loan.

Ensure you have a stable internet connection for seamless app download and performance.

FAQs OncNice Naira Loan App Download, is NiceNaira Legit? Interest Rates, How to Apply

How does Nice Naira work?

Nice Naira offers quick personal loans through their mobile app. You can apply online by providing KYC details, bank information etc. Nice Naira evaluates applications using AI algorithms and credit policies. Approved borrowers get loan amount credited to their bank account within minutes.

Is Nice Naira real or fake?

Nice Naira is a legitimate lending platform backed by venture capital investors. They are a registered Nigerian company with valid details. However, customers should exercise precautions as with any lending app.

How to pay back Nice Naira loan?

Nice Naira allows easy loan repayment through debit card, bank transfer, cash deposit and auto-debit from your bank. You can repay before due date on the app or website to avoid late fees.

How to contact Nice Naira customer care?

You can contact Nice Naira customer support via email, in-app chat, phone and social media. Email them at or call 07011112223. Their customer service is helpful.

What is the maximum loan amount on Nice Naira?

Nice Naira offers loans from ₦1,000 to ₦500,000. New customers can get ₦1,000-25,000. With a good repayment history, you become eligible for higher loan amount up to ₦500,000.

What documents are needed for Nice Naira loan?

You need to upload your government ID, address proof, bank details, salary slips (if salaried) and a passport-size photo. These KYC documents are required for Nice Naira to verify your identity and eligibility.

How quickly is the money transferred by Nice Naira?

Once approved, the loan amount is credited to your bank account within a few minutes, usually 5-15 minutes. Nice Naira aims to provide fastest loan disbursal.

Can I get a loan if I have bad credit score?

It may be difficult to get approved if you have defaults or bad credit history with other lenders. However, Nice Naira mainly considers your repayment track record with them along with other factors while making decisions.

Does Nice Naira provide statement online?

Nice Naira Loan App Download, is NiceNaira Legit? Interest Rates, How to Apply

Yes, within your Nice Naira app you can access statements which provide details of your loan amounts, interest, repayment schedules, outstanding amounts etc. in an online digital format.

How do I increase my credit limit with Nice Naira?

By maintaining a good repayment history with on-time repayments, your credit limit will automatically be increased by Nice Naira over time. Higher loan amounts are provided to trustworthy customers.

Can I have more than one loan with Nice Naira at a time?

Yes, you can have multiple concurrent loans with Nice Naira as long as your cumulative repayment capacity justifies the loan amounts. However, it is advisable to avoid taking excessive debt.

Read more: finance forgot my branch password and pin how to reset change and recover branch password and pin


Nice Naira offers quick access to collateral-free loans via their user-friendly mobile app. They appear to be a legitimate lender backed by investors and partnered with banks.

Reviews indicate customers are largely satisfied with quick loan disbursals, reasonable interest rates and good service. However, exercise caution as you would with any lender.

Consider Nice Naira for your emergency borrowing needs. Download their app and apply for a loan in minutes after evaluating your repayment capacity.

After reading this blog you know about Nice Naira Loan App Download, is NiceNaira Legit? Interest Rates, How to Apply.

Sponsored links

Leave a Reply