Are you looking for a loan app that offer ₦50,000 instantly? Many loan apps in Nigeria offer a loan of ₦5,000, ₦10,000, or ₦20,000 for first-timer. Loan apps in Nigeria mostly offer loans less than 50,000; they usually give small amounts as a start, but it can be frustrating when you are in urgent need of quick, substantial cash.

The truth is, finding a loan app that can give ₦50,000 instantly, especially if you are a first-time user, can be frustrating.

Most lenders prefer to test their new users with a small loan before they can increase their loan limit.

Here we will look at the top instant loan apps in Nigeria that can gives ₦50,000 loan instantly for first-time borrowers.

These loan apps are available on the Google Play Store and Apple Store. Most of them require your BVN for your identity verification, while others may not.

As you are about to go through this list, you should make sure to check loan limits, interest rates, repayment terms, and eligibility requirements for each app. Then, consider the one that will fit your need, download it, and apply. With this information, getting a ₦50,000 instant loan can be easier than you think.

Let’s dive in and find the best loan app for you!

Which loan app gives 50000 instantly? Top 10 Loan App That Gives ₦50,000 Instantly in Nigeria 2025

Here are the top loan apps in Nigeria that can give a loan of 50,000 for the first time:

1. EaseMoni

EaseMoni is one of the instant loan apps that can give ₦50,000 loan for the first timer; it can also offers loans up to ₦2,000,000. As an OPay user, you can qualify for a 50,000 instant loan, since EaseMoni partnered with OPay for online lending. It will use your OPay financial history and your credit score to assess your creditworthiness. With this, you can qualify for up to 50,000 for the first time.

Easemoni monthly interest rates range from 5% to 10% (approximately 60% to 120% APR), and its repayment periods range from 91 to 365 days.

The loan application process is easy and fast; you can do it fully online, without any correlation.

When your loan application is approved, the loan will be disbursed directly into your bank account.

The loan app is highly rated (4.7 user rating) in the Google Play Store and is owned by a CBN-licensed microfinance institution.

You can download Easemoni loan app here and apply for loan immediately

2. Okash

Okash is another loan app that you can consider if you need a loan of 50,000. Like EaseMoni, Okash offers loans ranging from ₦3,000 to ₦50,000 for first-time borrowers and up to ₦2,000,000 for returning customers.

Its monthly interest rate is between 3% and 15% (approximately 36.5% to 360% APR). You can choose to repay your loan from 91 to 365 days.

Did you need a loan app that can give a 50,000 loan instantly? We recommend Okash for you; its loan application process is simple and only requires your personal and financial information. It has a 4.5-user rating on the Google Play Store, showing how trusted it is for its speed and reliability.

You can visit Okash official website for more information on its loan, interest rates etc.

3. Carbon

Carbon is one of the best loan apps in Nigeria that can give instant personal loans ranging from ₦2,500 to ₦1,000,000.

As a first-time borrower, you can get an instant loan of up to N50,000 due to your repayment capacity, financial history, and credit score.

Interest rates range from 4.5% to 30% monthly, with a maximum APR of about 195%.

Carbon repayment periods ranging from 61 days to 12 months, giving you more days to sort yourself out.

The loan application process is simple and straightforward, and once your loan is approved, you can receive funds instantly to your Carbon account, which you can transfer to your bank account.

The app is one of the loan apps that has been downloaded over 1 million times, with 4.2 users rating it on the Google Play Store.

You can download Carbon loan app here

4. FairMoney

FairMoney is one of the best loan apps in Nigeria that can give you a loan of ₦50,000 instantly for the first time and up to ₦3,000,000 for the next loan, with interest rates ranging from 2.5% to 30% monthly (approximately 30% to 260% APR).

Its repayment term is between 61 days and 18 months, making it a suitable option for that amount.

FairMoney also offers additional financial services such as savings and bill payments, and it has a large user base of over 5 million. The app is one of the highest-rated loan apps; this is due to its fast processing and user-friendly experience. You can learn more about Fairmoney on it official website

See Also: Best Loan Apps Without BVN (2025 Review)

5. Renmoney

Renmoney is another best loan app on our list that can offer personal loans from ₦5,000 to ₦1,000,000, with the lowest interest rates, ranging from approximately 2.1% to 2.65% monthly (about 25% to 32% APR).

To get a N50,000 loan from Rennmoney is simple and straightforward; you only need to download the app from the Google Play Store. After that, you sign up and submit your loan application, and once approved, funds will be disbursed instantly to your bank account.

It has repayment periods ranging from 3 to 12 months.

6. Kuda

Kuda is a digital bank that can offer instant loans up to ₦150,000, depending on your account activity, with repayment periods of 1 to 3 months.

And its interest rates range from 0.23% to 0.8% daily (about 7% to 24% monthly), making it one of the more competitive loan options.

Kuda Loans can be processed quickly, and you can receive funds directly into your Kuda account within minutes.

The app has a 4.3 user rating, making it one of the best apps you should consider.

7. Aella loan app

The Aella loan app by Aella Microfinance Bank can give you instant personal loans from ₦2,000 to ₦50,000 for first-time borrowers and up to ₦1,500,000 for returning customers.

Their durations range from 61 to 365 days, with monthly interest rates ranging from 2% to 20% (APR approximately 22% to 264%).

The Aella loan application process is simple and straightforward; it only requires your BVN and phone number with no collateral.

Once your loan is approved, funds will be sent to you instantly within the app.

It also offers extra features like savings and bill payments, along with early-repayment discounts of up to 60%.

The Aella app is one of the best and highest-rated loan apps, with a 4.5 rating on the Google Play Store and over 170,000 user reviews.

8. SnapCash

SnapCash by Sterling Bank is one of the best instant loan apps that gives ₦50,000 loans instantly for the first time and up to ₦100,000 with monthly interest rates between 3% and 10% (equivalent to 36% to 120% APR).

Its loan duration ranges between 61 and 90 days, and you can get an instant loan to your bank account within 5 minutes, with no collateral.

9. QuickCheck

QuickCheck is another loan app that can give instant loans ranging from ₦1,500 to ₦500,000 with monthly interest rates ranging between 2% and 30% (starting from as low as 5%); this translates to an APR of around 30% to 260%.

With QuickCheck you can get an instant N50,000 loan in a minute and receive it in a bank account within seconds.

You don’t need collateral to get this loan. A lot of people see the app as the best in terms of instant loans. The app gained a 4.6 user rating with over 213,000 reviews, most of which praised the app for its quick loans, clean interface, and flexible repayment options based on user credit scores.

10. PalmCredit

PalmCredit is one of the best N50,000 instant apps that offer personal loans ranging from ₦10,000 to ₦300,000 and repayment periods between 91 and 365 days. The app’s monthly interest rate is around 3%; that is to say, its APR is approximately 24% to 36%.

With the PalmCredit loan app, you can get a 50,000 loan for your first-time loan application, and funds will be sent directly to your bank account instantly. As you pay your loan on time, PalmCredit will increase your loan limit over time based on your repayment history. Meaning you can get more than 50,000 next time, up to 200,000 in your next application.

Conclusion

Each of the apps listed above operates in Nigeria and meets key criteria for accessibility and reliability: instant loan disbursements to your bank accounts, with no collateral, with clearly stated repayment terms.

These instant apps are CBN-approved apps, and they can give instant loans, so if you need an instant 50,000 loan, then you should consider EaseMoni, Okash, Carbon, FairMoney, Renmoney, Kuda, Aella, SnapCash, QuickCheck, and PalmCredit.

Their interest rates and repayment periods vary (as detailed above), ranging from low monthly interest rates of about 2% to higher rates of up to 30%, with loan durations from 1 to 18 months.

All the platforms have maintained transparent lending practices, and many can adjust your credit limits based on your repayment history.

These apps also gained strong user ratings and positive feedback, making them among the most trusted instant loan apps in Nigeria.

Frequently Asked Questions – Which loan app gives 50000 instantly

Which loan app gives 50,000 instantly?

These loan apps, EaseMoni, Okash, Carbon, FairMoney, Renmoney, Kuda, Aella, SnapCash, QuickCheck, and PalmCredit, can give a first-timer an instant loan of N50,000. These platforms offer instant personal loans ranging from 5,000 to 2,000,000, with fast approvals making them ideal for emergencies.

Which loan app gives 50,000 instantly without BVN

Easemoni and Okash are two popular loan apps in Nigeria that can offer up to ₦50,000 instantly, especially for new users. You can bypass the BVN requirement by first opening an Opay account with your NIN and using your Opay number to sign up with these apps since both are partnered with Opay. So you will not use your BVN during the registration, and it will use your Opay data to verify your identity and process your loan. Read more: Best Loan Apps Without BVN (2025 Review)

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