Umba is one of the best and fastest loan apps in Nigeria. This app offers loans in minutes without requesting any collateral or documentation. It also offers some of the best loan terms including no late fees policy, no rollover charges, and no origination fees.

By just linking your bank account to assess your credit score, you can get an instant loan worth up to 30,000 Naira with a very low interest rate for a period ranging up to 62 days. Additionally, Umba offers very flexible loan repayment methods, and it also has good customer service.


Financial Services of the UMBA Loan App

here are the services available:

  1. Money Transfer: You can send money to family, relatives, and friends who also have an account with Umba. The process involves adding the beneficiary’s bank account details and initiating the transfer through the app.
  2. Payment of Utility Bills: Nigerian users can add their utility accounts to the Umba Mobile app and conveniently pay their bills. This includes bills for water, electricity, mobile data subscriptions, and other utilities. The app allows you to select the bill type, add new billing accounts, and proceed with the payment process.
  3. Instant Personal Loans: Nigerian users can obtain instant personal loans ranging from ₦2,000 to ₦30,000 through the Umba Mobile app. These loans are available to users who meet the specified requirements and undergo the loan application process.

Requirements To Attain Loan on the UMBA Loan App

To obtain a loan through the loan app, you typically need to fulfill the following requirements:

  1. Personal Details: You will be required to provide personal information such as your full name, date of birth, a valid phone number of any of the Nigeria networks (Mtn, Glo, 9Mobile, or Airtel), and email address.
  2. Bank Details: You will need to link your bank account (by adding you BVN) to the Umba app. This allows Umba to assess your creditworthiness based on your financial history and transaction data.

It’s important to note that these requirements are based on general information and may vary depending on Umba’s specific policies and updates

Want To Download the UMBA Loan App?

For Android users, ‘click here’ to direct you straight to the Umba loan app on the google play store

Image of the Umba loan app on google play store

Loan Application and Process

The step-by-step process to obtain a loan from Umba Mobile include:

  1. Log in or Sign up: If you are a new user, register on the Umba app and create an account. If you already have an account, log in.
  2. Access the Loan Section: On your dashboard, find and click on the “Loan” button.
  3. Choose Umba Money Loan: From the loan options available, select “Umba Money Loan.”
  4. Link Your Bank Account: Follow the instructions to link your bank account to the Umba app. This allows the app to assess your creditworthiness based on your financial history and transaction data.
  5. Take a Selfie: Complete the verification process by taking a selfie photo within the app.
  6. Get Started: Once the verification is complete, press the “Get Started” button.
  7. Add ATM Card (if required): If prompted, provide your ATM card details as part of the loan application process.
  8. Loan Application: You will be directed to the Umba Money Loan page. Select the loan amount you want to obtain, ranging from ₦2,000 to ₦30,000.
  9. State the Purpose: Indicate the reason why you want to get the loan.
  10. Confirm and Submit: Review your loan amount and other details, then submit your loan application.
  11. Loan Review: The Umba Mobile staff will review your loan application. The terms of repayment are automatically set at 62 days for all loans.

Loan Repayment Tenor

Umba Mobile requires borrowers to repay their loan on or before the 62nd day. The loan repayment term is set at 2 months.

Interest Rate

It charges an interest rate of 10% for each loan obtained through their platform. For example, if you borrowed ₦10,000, you would be charged ₦1,000 as interest, resulting in a total repayment amount of ₦11,000.

Loan Repayment Process

To repay your loan through the Mobile app, follow these steps:

  1. Go to the Loan tab on your dashboard.
  2. Locate the active loan section.
  3. Click on the “Make Payment” button.
  4. Enter the amount you wish to pay.
  5. Select your preferred payment method.
  6. Tap on the “Make Payment” button to proceed.
  7. Follow the prompts to complete your loan repayment.

Customer Care and Email Address

If you have any questions or need assistance, you can contact Umba Mobile’s customer care during their operating hours, Monday through Friday from 8 AM to 5 PM. You can reach them through the following channels:

  • Main Website:
  • Email Address: [email protected]
  • Facebook Page:


In summary, Umba Mobile is a loan app in Nigeria that offers money transfer, utility bill payment, and instant personal loan services. Users can obtain loans ranging from ₦2,000 to ₦30,000 with a fixed interest rate of 10%.

The repayment period for loans is 62 days, that is 2 months. It provides a user-friendly loan repayment process within the app.

Customers can contact Umba Mobile’s customer care for assistance through their website, email address, or Facebook page. For the most accurate and up-to-date information, it is advisable to visit the official Umba website or contact customer care directly.

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