Branch Loan Requirements in Nigeria 2024

  • November 19, 2023

This post contains information about Branch loan requirements.

When it comes to lending money online from all those loan apps, the requirements for each and every app vary greatly.

While some may be strict, a lot are so flexible that even without collateral, and even a credit history, you can get loaned huge money in minutes.

But, is Branch loan one of those?

To know if Branch loan is one of those online loan companies that make applying for loans very easy, you must first check out their requirements.

And I believe that’s why you’re here. So, just keep reading for I’ll show you all the Branch loan requirements, and also walk you through how you can easily and quickly qualify for loan on the Branch App.

Without wasting time, let’s get started!

About Loan Requirements on Branch

With easy and fast loan offers that can get withdrawn into your bank account in minutes, Branch loan is undoubtedly one of the best loan apps in the country.

But the main question is, are their requirements for getting loan easy?

Firmly speaking, Branch loan is one of those loan companies that doesn’t stress you with strict requirements like Identity and/or address verifications.

That means there are no much, and strict loan requirements on Branch App.

However, the few requirements they have is mandatory, and without passing the requirements, you’ll not be able to get any loan on the Branch App.

Now, let me walk you through these requirements and how to qualify for the Branch loan in just a few steps.

Check Out: Best Loan Apps in Nigeria

Branch Loan Requirements

1. The Branch App

First and foremost, You are required to download the Branch app, as that’s the only place that you can apply for Branch loan.

The app is available for iPhone and Android.

2. Your Full Name

The second Branch requirement is your full name. This includes your First Name, Last Name, and Middle Name. 

Keep in mind that the name provided must correlate with your bank account details.

Related: Rapid Cash Loan Requirements

3. Email Address & Phone Number

Phone number verification is another mandatory Branch loan requirements.

This is because after downloading the app and you’ll need to sign up with your phone number where a unique shortcode will be sent for verification.

According to Branch, they analyze your phone data to determine loan eligibility.

4. Bank Verification Number (BVN)

Your BVN is a priority to get loans on any loan app, Branch is no different too.

5. Bank Details

Another requirement to get loan on Branch is your bank details. This includes your account name and account number.

Your Account number is also used for fund disbursement after your loan is approved.

See Also: GoCash Loan App Review

6. Automated Teller Machine (ATM) Card

Your ATM card number is a must while looking to get loan from Branch.

Branch use your ATM card to repay your loan when it is due.

7. Face Verification

The last but not the least Branch personal loan requirements is face verification.

It is mandatory you take a picture of your face (Selfie) while registering to get loan on the Branch App.

How to Qualify for Loan on Branch

Now that we’ve thoroughly explained all the requirements for Branch loan (which I believe you’ve known), let’s break down how to qualify for the loan.

Below is a simple list of what is needed to qualify for Branch loan.

  • The Branch App.
  • Basic personal information such as name, phone number, and Email.
  • Bank Verification Number (BVN).
  • Bank Account details.
  • Automated Teller Machine card (ATM Card).
  • A real-time facial photo of you.

Once you meet these requirements, you’ll be instantly eligible to get loan from Branch.

Note: Branch increases your loan limit if you pay early. That means early loan repayment makes you automatically qualify for higher loans.

Related: Okash Loan Requirements

Branch Loan Requirements – FAQs

Are there requirements for loan on Branch?

Yes, similar to other loan Apps, Branch has requirements that are needed to be passed before you can get loans.

What are the requirements for Branch loan?

To be eligible for a Branch loan, you must: Be at least 18 years old, have a regular source of income, and have an active bank account.


Hearing about online loans, sometimes the requirements of some platform can make you think otherwise unless you try it yourself.

I believe the Branch loan requirements provided in this post will help you easily and quickly get loans from Branch without worries.

Do you still have questions?  Then, feel free to drop them down in the comment box below. I’ll be glad to help.