Frequently 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.


We will match you with a loan program that meet your financial need. In short term liquidity, by striving to make funds available to them within 24 hours of application.

Salary Backed Loans

No need to visit a branch. You can submit your application form anytime, even after banking hours and during weekends.