Frequetly asked questions

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  • What is moninow loan?

    Moninow is an online digital lending application for salary earners.

  • How can I apply for moninow loan?

    To apply, download the moninow mobile app on iOS appstore or android playstore, or visit

  • How do I access the disbursed fund?

    Your fund is disbursed to your moninow account which you can transfer to any account of your choice.

  • How much can I get from moninow loan?

    You can get up to N300,000.

  • How long does it take to get moninow loan?

    You can get your moninow credit within 24hours of loan approval, upon submission of all required documents.

  • How do I repay moninow loan?

    There are different repayment options
    a) Direct debit on your salary account.
    b) Pay to our commercial bank account- Sterling Bank account name: Personal Trust MFB, Account Number :**********
    c) Pay online.

  • What are the likely reasons for loan request decline?

    Inadequate customer info, BVN information mismatch, net salary insufficient for the loan amount requested, negative report on credit bureau.