Opay Loan: How To Borrow Money From Opay App Easily

Borrowing money just got a lot easier! With just your Opay app and a few details from you, you could get access to the loan amount you want. However, knowing how to borrow money Opay app easily is where the point lies. In this article, we would be showing you how. You’ll be learning steps on how to borrow money from the Opay app easily. Let’s begin by checking out the requirements needed to borrow money from Opay easily.

Requirements On How To Borrow Money From Opay App Easily

It is not just possible to go to the Opay app and receive a loan instantly. Things are not done that way. To be fully eligible to get a loan on the Opay app, there are some requirements you should meet. In this section, we would be listing important requirements you need to meet to borrow money from the Opay app easily. Let’s get right into it:

1. You Must Be Over 18 Years Of Age:

This is self-explanatory. To be able to borrow a loan on Opay, you need to be over 18 years. This is because when one is over 18 years in Nigeria, he is taken as an adult. So, if you are interested in getting a loan on Opay and you’re below 18 years of age, then you should not bother yourself.

2. You Must Be A Nigerian Citizen:

This requirement is also as important as the first requirement. Being a Nigerian citizen would help Opay trace you in case your loan application goes south. It would also make it easier for your details to be input and your loan application to be approved on time.

3. You Should Have A Source Of Income:

There’s no point applying for a loan if you’ve no plans to pay it back. You need to have a source of income if you want your loan application to be approved. Having an occupation or source of income gives Opay security regarding you.

4. Have A Means Of Identification

To prove that you’re human, a means of identification would be demanded from you during your application. A valid ID card is just perfect for this. You would also be asked to provide a Bank Verification Number (BVN) later ok during your application. So, do well to have that handy also.

5. You Should Have A Bank Account:

What’s the point of applying for a loan if you don’t have a working bank account? You’ll need to have a bank account asides from Opay if you intend to get a loan. This would help facilitate the disbursement of the funds to your bank.

6. Active Phone Number

An active phone number would be needed in getting a loan from Opay. It is as important as the other requirements mentioned above. Your phone number would be used to send information to you regarding your loan and to reach you whenever any other updates come up.

Now that we’ve considered the requirements needed for how to borrow money from the Opay app easily, let us check out the steps needed.

READ ALSO: How To Make Money On Opay In Various Ways

How To Borrow Money From Opay App Easily

In this section, you would be reading recommended steps on how to borrow money from the Opay app easily. Follow the steps accordingly to have a successful application.

Step 1. Install The Opay App

The first step in getting a loan from the Opay app is by downloading the app. If you don’t have the Opay app on your device, check your application store.

Step 2. Sign Up

After installing the Opay app, the next step needed is for you to sign up. This involves inputting your details such as name, phone number, and the like.

Step 3. Sign Up For Okash

Okash is a feature on Opay. With Okash, you can borrow money and save money. So, do well to create an Okash account on the Opay app.

Step 4. Choose The Loan You Want

On your Okash app, you can choose the type of loan you want. Whether it is an airtime loan, merchant loan, or cash loan. The choice is yours. Choose any type of loan you want.

Step 5. Click On Your Choice

Once you click on the loan you want, a new screen would be displayed. There you would be needed to input the amount you want to borrow.

Note that, you would not be permitted to borrow more than ₦300,000.

Step 6. Choose The Purpose Of The Loan

After you have clicked on the amount you want to borrow, you would be asked to tell the purpose of borrowing.

Step 7. Fill Your Details

In this step, your details such as phone number, BVN, and gender would need to be provided.

Step 8. Submit

After you’ve completed all the steps mentioned above, you’ll need to confirm your loan request by submitting it. Click on “Submit” to confirm.

That’s all.


What is the USSD code to borrow money from OPay?

To borrow money from Opay, you dial *955#. This is the recommended USSD code to use to access Opay via USSD.

How much can I borrow from OPay for the first time?

As a first-time user, you are allowed to borrow money in the range of 30,000 – 50,000 naira. If you’re an old-timer, you can access loans above that price range.

How do you get free money on the OPay app?

As a user of the Opay app, you are open to giveaways, cashback, and other rewards. All we needed from you is to become a regular user of the Opay app.

Can I transfer on OPay?

You can transfer on OPay via USSD or the app. It is fast and easy.

Is Opay legit?

Yes. Opay is a legitimate app to use.


So far, you’ve seen that it is quite easy to borrow a loan from Opay. All that is needed is to follow the steps mentioned above to successfully apply. However, do not forget that following these steps accordingly is very important to get a loan. So, make sure to strictly follow the steps given above.

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