Does Palmpay give loan

Does Palmpay give loan? Yes, Palmpay do give loan to the app users and it is instantly disbursed upon approval.

But, what is Palmpay? It is a banking app licensed by the Central Bank of Nigeria (CBN) as an MMO. 

Being a banking app, Palmpay provides a couple of financial services which may include; 
  • Money transfers
  • Money saving (deposit)
  • Bill Payments
  • Credit and Loans
As a deposit taking app, Palmpay customer deposits are insured by NDIC. 

Palmpay Credit and Loans 

Does Palmpay give loan?The answer is Yes. Although not the primary target plampay however,does give loans. 

How to get loan from Palmpay 

Customer can apply for loans from within Palmpay app. 

Find the icon which says Credit & Loans and select that one. 

If you qualify for any loan amount,you can proceed to apply for the loan and your loan will be disbursed into your Palmpay account.

You can choose to transfer the money to your bank account or to any mobile money wallet, buy goods and services or pay bills.

See the circled part in this image below to confirm that Palmpay give loan. 

Palmpay App
Palmpay App

Palmpay loan app download

You can download Palmpay app from Google play store,from Apple Appstore or from trusted online APK file sources and create your account.

Palmpay customer care contacts

Palmpay phone numbers and email address is listed below. Use them to find help; 

Helpline: 018886888


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