There are three categories of Zedvance finance loan packages with each having its specific requirements:
Zedvance Nano ( micro-loans for petty traders)
Zedvance Payroll (a payday loan kind of scheme for salary earners)
Zedvance for business (loan scheme for SMEs and entrepreneurs)
The Pros
- Quick loan approval
- Higher loan amount
- longer loan duration
The Cons
- You need to provide employment verification
- The application procedure is lengthy and paper-intensive
- Not available for all Nigerians
- It is too difficult to get approved
In this post, we are going to deliberate about Zedvance loan USSD code and requirements.
Zedvance Loan Requirements
- You must have an active salary account.
- Bank Verification Number (BVN)
- 1 Passport Photograph
- A means of identification. It can be any International Passport, driver’s license, or National ID card.
- You must be in paid employment.
- Employee ID Card
- 6 months up-to-date salary statement of account
- Your age should be between 22 and 55 years.
- Employment Letter
- NUBAN Cheques or Direct Debit Mandate
- You must present a guarantor if you are a freelancer or an unconfirmed employee.
Register: You are a step closer to joining thousands of people who trust us to back their financial needs. If you already have an account? To login
- Enter email address
- Personal email address
- Mobile Number (Linked with your BVN)
- BVN
- Date of Birth (Year-Month-Date)
- Referrer
- Enter code here (Optional)
- Password and Confirm Password.
Also, see: Carbon Loan App Interest Rate And How To Apply Online
How To Apply For Zedvance Loan
To apply for a loan on the Zedvance platform, there are simple steps to follow:
- Visit the loan portal: To begin, visit the Zedvance loan portal by clicking the Apply Now button on the website or accessing the loan portal directly.
- Register: As soon as you are on the loan portal; you must register by providing accurate information such as your name, email, BVN, date of birth, and password.
- After registration, you can log in to your account to apply for a loan.
- Follow the instructions on the website and provide all necessary documents to complete the application process.
- Wait for a loan: After submitting your application, you will be notified if your loan is approved.
The process usually takes up to 48 hours, and you will receive your loan if approved. It is important to note that if you have already applied for a loan through the website, you should not apply again using the above steps to avoid any confusion or duplication of applications.
Zedvance Loan USSD Code
You can access payday loans, business loans, and personal loans without an internet connection using the Zedvance loan USSD code.
Zedvance loan USSD code is *5858# once you have dialed the code, follow these steps to apply for a loan:
- Dial *5858# using the number that is linked to your BVN.
- Select the option “Loan” to apply for a loan
- Select a loan amount and loan tenor.
- Read and agree to the terms and conditions
- Then, click on Accept if you are fine with the T&Cs of your loan.
- Confirm disbursement account.
Also, see: Top 10 Loan Apps In Nigeria With Low Interest Rate
How To Download Zedvance Loan App
To download the Zedvance Loan app, follow the steps below:
- Visit the Google Play Store or Apple Store on your Android or iPhone. Type “Zedvance Loan” in the search bar and tap the search button. “Install” button to download and install the app on your device.
- Launch the app and register: After installing it, launch it and follow the registration process to sign up for a Zedvance Loan account.
Make sure to provide accurate information during the registration process. Once your registration is complete, you can log in to the Zedvance Loan app anytime to apply for a loan, check your loan status, and manage your account.
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