How to Repay Branch International Loan In Nigeria 🇳🇬 - The 4 Accepted Ways

Branch International App Celebrating 10 million plus downloads. 

• Branch has 4 recommended ways to repay loans
• You can use cash,bank transfer, USSD and debit cards
• Branch loans are to be repaid after a duration between 61 days nd 180 days

Branch International gives a minimum of 1,000 Naira and a maximum of 200,000 Naira as loans to qualified borrowers in Nigeria. 

These amounts are to be repaid after a period of between 61 days ( two months) and 180 days ( which is a duration of 6 months).

The good thing with Branch is that you can choose your own loan term. It is however, advisable that you make payment early enough to get your loan limit increased. 

Late repayment or defaulting on your Branch loans will lead you to being blacklisted with the national Credit Reference Bureaus (CRB) .This is something you shouldn't be involved with because it will ruin your financial future. 

Read ; How To Contact Branch International Customer Care in Nigeria 

4 Accepted Ways To Repay Branch Loans In Nigeria 🇳🇬

A screenshot from Branch International website showing how to reply Branch Loans in Nigeria 

There are four (4) accepted ways by Branch International that a borrower can make a loan repayment correctly in Nigeria; 

1. Pay with a Debit Card

Here is the process to make a branch loan repayment using a debit card;

1. Login to you Branch International App
2. From 'My Loan', tap the round 'Tap to Pay' button.
3. Select the Amount you wish to repay.
4. After you have made your selection, tap 'Continue'.
5. On the 'Select Repayment Method' screen, select 'Debit Card' from the drop-down menu.
6. Add your Debit (ATM) card details:
1. Card Number (16 or 19-digit in front of your card)
2. Card Expiry Date (Month and Year in which your card expires)
3. CVV (a 3-digit number at the back of your card)
7. After you have filled in the details, tap 'Continue'.
8. Choose your auto-debit setting under 'Payment Options' and tap 'Continue'. Tap here to learn more about auto-debit.
9. To secure your payment, some banks will ask for your pin or send a security code to your phone.
10. Your payment is done. If successful, your account will be updated automatically within a few seconds.

Please note that no fees will be charged to you for this transaction.

2. Pay Via Bank Transfers 

Branch will give you a unique bank account number  if you choose 'bank transfer' as your repayment method;

1. Login to your  Branch App
2. From 'My Loan', tap the round 'Tap to Pay' button.
3. Select the amount you wish to repay.
4. After you have made your selection, tap 'Continue'.
5. On the 'Select Repayment Method' screen, select 'Bank transfer' from the drop-down menu.
6. Copy your personal account number.
7. Open your mobile banking application. Initiate a bank transfer to Providus Bank and the account number copied from the Branch app.
8. Your payment is done. If successful, your account will be updated automatically within a few seconds.

Please note that your bank may charge you a transfer fee; however, there is no additional fee from Branch.

3. Pay Via USSD

This payment method is only available to customers of the following banks; 

• GT Bank
• Sterling Bank
• Zenith Bank
• UBA Bank

1. In order to repay your loan with USSD, you must have either a GTB, Sterling, UBA or Zenith bank account added to your Branch account. If you do not have one already added, simply go to the 'My Account' screen on your app, tap 'Bank account' and then tap 'Add account'.
2. From 'My Loan', tap the round 'Tap to Pay' button.
3. Select or enter the amount you wish to repay, then tap 'Continue'.
4. On the 'Select Repayment Method' screen, select the USSD option and tap 'Continue'.
5. Confirm your repayment.
6. You will see a screen with instructions to 'Complete USSD Payment'. Tap the 'Dial' button to open your phone dialer.
7. Press the call button in your dialler to dial your unique USSD code.
8. Your payment is done. If successful, your account will be updated automatically within a few seconds.

Bank charges apply.

4. Pay With Cash 

You can repay your loan in cash at any GT Bank branch using GTCollections and you do not need a GT Bank account to make your payment. At the bank, make a payment with the following steps:

1. Tell the teller you would like to pay 'Branch International Financial Serv Ltd' using GTCollections.
2. Fill in your personal details on the deposit slip
3. Find your "Reference ID" in the Branch app by clicking "Tap to Pay", selecting the amount you wish to pay, and selecting "Cash" from the "Repayment method" dropdown
4. Add your "Reference ID" to the deposit slip

You can select any amount up to the total amount due on your loan. If accepted, your repayment will reflect on your Branch account immediately. A bank charge of ₦100 will apply.

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