Hey everyone! We’ve been getting bombarded with questions lately, both here and on social media, about loan apps without BVN in Nigeria. Questions like “Can I get a loan without a BVN?” and “What are some apps that don’t require it?” are popping up everywhere. So, today, let’s finally address this and clear the air.

The BVN which was launched in 2014 became a unique identifier for all bank accounts in Nigeria. But what if you don’t have one, or lost access to the linked phone number, and need a quick loan for an emergency? Are there options?

loan apps without BVN

Can you get a loan without BVN in Nigeria?

The short answer is no. After thorough research, we couldn’t find a single loan app that doesn’t require your BVN. Any loan app, as long as they are not asking you to submit collateral, will need your BVN for two key reasons:

  1. Identity Verification: The BVN links to all your bank accounts, and with that, they can verify your identity to prevent fraud and trace your financial history.
  2. Creditworthiness Assessment: They use your BVN to access your banking history, including transactions, loans, and repayment history, to assess if you can repay the loan.

Think of it like this: without collateral, the BVN helps them decide if you’re a reliable borrower who can pay back. So, if you don’t currently have a BVN, getting one at your bank is crucial. It’s especially important now, considering the Central Bank of Nigeria’s (CBN) plans to close unlinked accounts.

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But what if you have a BVN but have lost access to the registered phone number? Can you still get a loan? Absolutely! Several licensed apps don’t require your registered phone number during registration. Here are a few of them:

  • Fairmoney
  • JumiaPay
  • Branch
  • Aella
  • Okash
  • Renmoney
  • Umba
  • QuickCheck

Note that the above loan apps are legit and licensed with the CBN as we strongly advise against resorting to unlicensed loan providers or “loan sharks.” We’ve witnessed their unethical practices firsthand, from constant harassment and threats even before due dates to contacting your contacts to defame you. Loan sharks are simply not worth the risk.

Can I use my NIN to get a loan?

No, you cannot use just your NIN to get a loan in Nigeria. Your NIN does not link to your financial history, which the loan provider will need to check before deciding whether to grant you a loan or not. So, while your NIN is an important tool when it comes to identity verification, your BVN is what you need for a loan application.

Can loan apps block your BVN?

No. Only the CBN has that authority. However, if you default on loans from these mobile lenders, they may report you to the National Credit Bureau, negatively impacting your credit history and future borrowing opportunities.

Is your BVN safe with loan apps?

It depends on the specific app and its security measures. Reputable ones prioritize data protection with encryption, secure storage, and compliance with relevant regulations. Always stick to NITDA-licensed platforms for added security.


In conclusion, the search for BVN-free loan apps in Nigeria comes up empty. All legitimate, unsecured loan providers require your BVN for verification and credit assessment. If you are concerned that a loan app might play foul with your BVN, you can perhaps ask a family member, friend, or colleague for the loan as these people would not require your BVN for whatever reason.

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And if you do not have a BVN yet, getting one is vital for easy loan access and complying with CBN regulations.

While some apps might not require your registered BVN phone number, try as much as you can to avoid unregistered loan apps due to their harmful practices.

Finally, remember that responsible and secure borrowing is key. Only take a loan that you can comfortably repay, read the terms carefully, and understand the interests and fees before you apply.


Many loan apps change their interest rates and repayment terms over time. Always review the terms and conditions carefully before downloading any loan app. B4loan doesn't promote any loan app, we just help you make informed decisions.

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