Palmcredit loan app is offered by Newedge Finance. The Palmcredit loan app is available on the Google Playstore and is accessible to all Nigerian residents and has over 1M+ downloads in addition to a 4.2/5 star rating with 74K+ reviews.
PALMCREDIT LOAN REQUIREMENTS/ELIGIBILITY
To be able to use the Palmcredit loan app, one needs to own an android smartphone, bank verification number (BVN) and ATM card.
Additionally, users must also grant the Palmcredit loan app permission to access your phone data in order to further ascertain the user’s eligibility.
PALMCREDIT LOAN APP DOWNLOAD
- Download the Palmcredit loan app at the Google Playstore.
- Install it and proceed with the registration process
PALMCREDIT LOAN AMOUNT LIMITS
Palmcredit loan app offers loans ranging from a minimum of ₦2,000 to a maximum of ₦100,000
PALMCREDIT LOAN INTEREST RATES
Palmcredit loan app attracts monthly interest rates ranging from 14% to 24%
PALMCREDIT LOAN REPAYMENT DURATION
Palmcredit loan app offers a repayment period of one to three months.
REPAY PALMCREDIT LOAN
Steps to follow using the Offline repayment Method.
Step 1: Click on “Repayment” on your dashboard.
Step 2: You will see your total outstanding balance, click on the circle icon beside “Next Installment” and ensure it is ticked.
Step 3: Click on “Pay Now” and click on “confirm” on the next page
Step 4: Click “OFFLINE REPAYMENT”
Step 5: Copy the “ACCOUNT NUMBER” and ” UNIQUE CODE”.
Step 6: Go to your “Bank Mobile App”,Go to bank to make cash deposit or transfer using E-Banking
Step 7: Also use the “Offline Repayment Code” as “Narration” of “Description”
After payment, go back to Palmcredit App to confirm your payment and forward your BVN linked phone number with proof of payment here for processing
PALMCREDIT LOAN APP PERMISSIONS
The Palmcredit loan app has access to the following once it is installed on your phone:
- Device ID & call information: read phone status and identity
- Phone: read phone status and identity
- Photos/Media/Files: read the contents of your USB storage and modify or delete the contents of your USB storage
- Calendar: add or modify calendar events and send email to guests without owners’ knowledge and read calendar events plus confidential information
- Location: precise location (GPS and network-based), access extra location provider commands and approximate location (network-based)
- Wi-Fi: view Wi-Fi connections
- Storage: read the contents of your USB storage and modify or delete the contents of your USB storage
- Contacts: read your contacts
- Camera: take pictures and videos
- Device & app history: retrieve running apps
- Receive data from Internet
- Draw over other apps
- Prevent device from sleeping
- Change network connectivity
- Connect and disconnect from Wi-Fi
- Full network access
- Control vibration
- Run at startup
- View network connections
- Reorder running apps
PALMCREDIT LOAN CONTACTS
Hotline: 01 700 1000