EaseMoni Loan- USSD Code, Interest Rate and Repayment

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EaseMoni is a financial service provider that offers loans to individuals in need of quick and convenient financial assistance. With EaseMoni, accessing funds is made easier through their USSD code, which allows users to apply for loans directly from their mobile phones. This innovative solution eliminates the need for lengthy paperwork or visiting physical branches, making it a convenient option for those in urgent need of funds.

In addition to its user-friendly loan application process, EaseMoni also offers competitive interest rates that are tailored to suit the financial capabilities of borrowers. This ensures that individuals can access the funds they need without being burdened by exorbitant interest charges. Furthermore, EaseMoni provides flexible repayment options, enabling borrowers to repay their loans conveniently within a specified period.

Whether you require funds for personal expenses, emergencies, or business ventures, EaseMoni aims to provide a seamless borrowing experience with its USSD code service. In this guide, we will explore the USSD code, interest rates, and repayment options associated with EaseMoni loans, giving you the necessary information to make informed financial decisions and access the funds you need with ease.

About EaseMoni loan

EaseMoni loan is a financial service designed to provide individuals with quick and convenient access to funds. Whether you need money for personal expenses, emergencies, or business ventures, EaseMoni offers a hassle-free borrowing experience. With EaseMoni, you can apply for a loan using their USSD code, eliminating the need for paperwork or physical visits to a branch.

One of the key advantages of EaseMoni loan is its competitive interest rates. The interest rates are designed to be affordable and tailored to suit the borrower’s financial capabilities. This ensures that you can access the funds you need without worrying about hefty interest charges that may burden your finances.

Additionally, EaseMoni provides flexible repayment options, allowing you to repay the loan conveniently within a specified period. This flexibility ensures that you can manage your repayment obligations without straining your finances.

Whether you are in urgent need of funds or seeking financial support for your goals, EaseMoni loan aims to simplify the borrowing process and provide you with a seamless experience. By using their USSD code, you can apply for a loan and enjoy the benefits of quick approval, competitive interest rates, and flexible repayment options.

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How To Apply For EaseMoni Loan

To apply for an EaseMoni loan, follow these simple steps:

  • Download the mobile app: The first thing you need to do is download the mobile app, from your device store, either you are making use of iPhone or android. 
  • Select the loan option: Choose the loan option that best suits your needs. EaseMoni may offer different loan amounts and repayment periods, so select the one that aligns with your financial requirements.
  • Provide personal information: Follow the prompts on the screen to provide the required personal information. This may include details such as your full name, date of birth, address, employment status, and income.
  • Submit your application: Once you have provided all the necessary information, review it carefully to ensure accuracy. If everything is correct, submit your loan application.
  • Await loan approval: EaseMoni will review your application and assess your eligibility for the loan. The approval process is typically quick, allowing you to receive a decision promptly.
  • Receive loan disbursement: If your loan application is approved, you will receive the loan amount in your designated bank account or mobile wallet. The disbursal method may vary depending on the specific arrangements with EaseMoni.
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By following these steps, you can apply for an EaseMoni loan and access the funds you need to fulfill your financial goals and responsibilities.

EaseMoni loan USSD Code

The code is  *347*334#

Keep in mind that USSD codes are typically dialed on your mobile phone using the keypad and can provide quick and convenient access to various services without the need for internet connectivity. By using the correct USSD code for EaseMoni loan, you can easily navigate through the available options and manage your loan efficiently.

EaseMoni Loan Interest Rate 

The interest rate on EaseMoni loans ranges between 5% and 10% per month, depending on your credit score. For example, if you borrow ₦3,000, the monthly interest would be between ₦150 and ₦300. The total amount due, including the principal and interest, would range between ₦3,150 and ₦3,300.

Please note that the interest rate is calculated on a daily basis, so the actual amount of interest you pay will depend on the loan repayment period. Additionally, EaseMoni loans have an annual percentage rate (APR) ranging from 60% to 120%. This means that if you borrow ₦3,000 and repay it over 3 months, the total repayment amount would be between ₦4,800 and ₦6,000.

It’s important to compare interest rates and APRs from different lenders before applying for a loan. Additionally, ensure that you can comfortably afford the monthly repayments and carefully review the terms and conditions of the loan.

EaseMoni Loan Repayment 

EaseMoni loan repayment is a straightforward process designed to provide convenience for borrowers. Here’s how you can repay your EaseMoni loan:

  • Automatic Repayment: EaseMoni offers automatic loan repayment, where the loan amount and interest are automatically deducted from your linked bank account on the agreed-upon due date. This ensures timely repayment without the need for manual intervention.
  • Bank Transfer: You can also choose to repay your EaseMoni loan through a bank transfer. Simply initiate a transfer from your bank account to the designated EaseMoni bank account using the provided details. It’s important to include your loan reference number as the payment reference to ensure proper allocation of funds.
  • USSD Code: EaseMoni provides a USSD code that allows you to repay your loan directly from your mobile phone. Simply dial the designated USSD code and follow the on-screen prompts to initiate the loan repayment process. This offers a convenient and accessible option for borrowers.
  • Mobile App: If EaseMoni has a mobile app available, you may have the option to repay your loan through the app. Simply log in to your account, navigate to the loan repayment section, and follow the instructions provided to make your payment.
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It’s important to ensure that you make your loan repayments on time to avoid any late payment fees or negative impact on your credit score. If you encounter any difficulties or have questions regarding the repayment process, it’s recommended to reach out to EaseMoni’s customer support for assistance.


How much interest does EaseMoni charge?

The interest rate on EaseMoni loans is between 5% and 10% per month, depending on your credit score. This means that for a loan of ₦3,000, the interest would be between ₦150 and ₦300 per month. The total amount due would then be between ₦3,150 and ₦3,300.

How do I repay my EaseMoni loan?

There are two ways to repay your EaseMoni loan:

  • Automatic debit: You can allow EaseMoni to automatically debit the repayment amount from your bank account on the due date.
  • Manual repayment: You can also repay your loan manually by logging into your EaseMoni account and making a payment.
  • Is EaseMoni a registered loan app?

Yes, EaseMoni is a registered loan app with the Central Bank of Nigeria (CBN). It is licensed to provide microcredit loans to individuals and small businesses in Nigeria.

How much is the maximum loan amount in EaseMoni?

The maximum loan amount in EaseMoni is ₦1,000,000. However, the amount you are eligible to borrow will depend on your credit score and other factors.

Can I borrow 100k from FairMoney?

Yes, you can borrow 100k from FairMoney. However, you will need to have a good credit score and meet other eligibility requirements. The interest rate on a 100k loan from FairMoney is between 15% and 30% per annum.


In conclusion, EaseMoni offers a user-friendly and accessible platform for individuals to obtain loans through their USSD code. With competitive interest rates and flexible repayment options, EaseMoni ensures that borrowers can manage their loan obligations effectively. The availability of multiple repayment channels, including automatic repayment, bank transfer, USSD code, and their mobile app, adds convenience and flexibility to the repayment process. 

However, it is important to be mindful of the interest rates charged and to borrow responsibly according to your financial capacity. By considering the USSD code, interest rate, and repayment options provided by EaseMoni, borrowers can make informed decisions and benefit from the financial support offered by the platform.

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