Migo Loan Code | Get a Migo Loan in 10 Steps

January 31, 2023 Mary

Migo Loan Code | How to get Migo Loan in 2023

Migo, earlier known as Kwikmoney or Kwikcash, is a quick loan service in Nigeria. Banks, mobile networks, and telecom companies have joined together to offer loans to Nigerians without collateral or guarantors. With Migo, you can get a loan in 60 seconds or more just by dialing a Migo Loan code on your phone.

Migo Loan Requirements

Bank account
Bank Verification Number (BVN)
Active phone number
Age 18 years or above
Phone number in use for the last 90 days
Bank account in active use for last 90 days
Account in any of these banks: First Bank, Access Bank, Diamond Bank, FCMB, UBA, Stanbic Bank, Wema Bank, Zenith Bank, GTB, Polaris Bank, Fidelity Bank, Heritage Bank, Union Bank, Unity Bank.

Terms and Conditions

Pay loan before due date
Late payment subject to fees and penalties
Right to send messages to phone contacts if loan not repaid
Right to use personal data to determine loan amount

Steps to Get a Loan from Migo Loan Code

Dial *561# on your phone
Select “Loans”
Select “Request Loan”
Wait for loan offer and accept
Provide account details

Or use the website instead of phone:

Visit Migo loan portal
Input phone number
Complete verification with code sent to phone
Select “Check Loan Offer”
Provide account number and details

Migo Loan Amount and Interest

₦500 to ₦500,000 loan amount
Interest rate 10% to 25% of loan amount
Loan term 14 to 30 days

Repayment of Loan

Pay back loan within 14 to 30 days
Repay using *561# or Kwik Money repayment portal
Pay using ATM card or cash at supported bank or agent
Late payment results in automatic extension and extra fee

If you face financial problems, call *561# and select “Extend Loan”.

What is Migo Loan Code?

Migo loan code is a special code that allows you to access various loan-related services on the Migo platform. The code is *561# and by dialing this code on your phone, you can easily request loans, repay loans, and access all other services provided by Migo.

Using Migo Loan Code

The Migo loan code is very simple to use. All you need to do is to dial *561# on your phone and you will be taken to a menu where you can choose the services you need. You can choose to request a loan, repay a loan, or access any other service that Migo provides.

Benefits of Using Migo Loan Code

There are many benefits to using the Migo loan code. Firstly, it is very convenient as you can access the services from the comfort of your own home. Secondly, it is very fast and efficient, so you can get the loan you need in no time. Thirdly, it is very secure, so you can be sure that your information is protected.

Conclusion

In conclusion, the Migo loan code is a great tool for anyone who needs to access loan-related services. It is very easy to use, fast, efficient, and secure. So, if you need a loan, why not try Migo today and see the benefits for yourself.

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