Branch is a trusted digital loan provider offering fast, secure loans to Nigerians through its Android mobile app. With Branch, you can borrow up to ₦1,000,000 without paperwork or collateral.
Branch operates in Nigeria, Kenya, India, and Mexico. In Nigeria, it ranks among the top loan apps for quick access to funds.
How Does Branch Loan Work?
- Branch loan monthly interest rates range from 3% to 23%, depending on your credit profile.
- Loan tenures range from 62 days to 1 year.
- Branch uses data from your phone and your repayment history to assess your loan eligibility and interest rate.
How to Apply for a Loan Using the Branch Loan App
To get started, download the Branch loan app from the Google Play Store. The app is available only for Android users. There is no iOS version or desktop access.
Once installed, create an account using your BVN, Facebook login, and valid bank details. You must have an internet-enabled device to apply.
To apply for a loan:
- Open the Branch app and log in.
- Tap “My Loans” to view available offers.
- Select a loan amount that suits your needs.
- Enter your bank account details.
- Tap “Request this loan” and confirm your application.
Loan disbursement typically happens within minutes.
Branch Loan Repayment
Repayment options include:
- Debit card payments via the app.
- Bank transfer using your unique Branch account number.
- USSD payments for supported banks.
- Cash payments at GTBank branches using GTCollections.
For cash repayment:
- Visit any GTBank branch.
- Tell the teller you’re paying into “Branch International Financial Serv Ltd” via GTCollections.
- Fill in your Reference ID and personal details on the deposit slip.
- A ₦100 bank charge applies.
Branch does not offer a USSD loan code. All applications must be made through the Android app. While Customer support is available only via the app or by email at nigeria@branch.co. There is no customer care phone number.
Branch loans are rated highly for speed, transparency, and ease of use. It remains one of Nigeria’s most reliable loan apps for instant financial support. Other Reliable loan apps in Nigeria include Carbon and Fairmoney.