Home Finance  Rockit Lenders Nigeria Limited – How to take a loan from them

 Rockit Lenders Nigeria Limited – How to take a loan from them

Have you been searching for the best loan company that can lend you money with low interest rate? If so, this article is for you. 

Make sure you read to the very end. 

Rockit Lenders Nigeria Limited is one of the leading online financial technology companies in Nigeria that offers quick and convenient personal loans. Founded in 2019, they aim to provide Nigerians with access to affordable credit through their fast and paperless online lending platform. 

Some key things to know about Rockit Lenders

  • They provide personal loans ranging from ₦50,000 to ₦500,000 with flexible repayment periods of 3-12 months.
  • Loan applications can be completed entirely online through their website or mobile app without visiting a branch.
  • Loan decisions are made within minutes and funds are disbursed directly into the applicant’s bank account.
  • They do not require collateral or guarantors, only checking identity and employment documents.
  • Affordable interest rates starting from 2% per month. No hidden or additional charges.

Eligibility Requirements

To qualify for a loan from Rockit Lenders, applicants must meet the following basic eligibility criteria

  • Be a Nigerian citizen aged 18-65 years
  • Have a valid means of identification like an International passport, driver’s license or National ID card  
  • Provide proof of residence like a utility bill in your name
  • Have a bank account in any Nigerian bank for loan disbursement and repayment
  • Earn a monthly income of at least ₦50,000 from formal employment 

You should also have a clear Credit Bureau record with no negative marks for defaults or late payments on existing loans.

The Application Process

The entire loan application process with Rockit Lenders can be completed entirely online in 5 simple steps:

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 1. Visit their Website

Go to www.rockitlenders.com and click on ‘Apply Now’ to begin the quick online application form.

 2. Enter Personal Details 

Fill in basic details like your name, date of birth, contact details, employment details and monthly income. 

 3. Upload Identification Documents

Upload clear scanned copies or photos of your valid ID, most recent bank statement and salary slip.

 4. Review Loan Quote

Review the loan amount, interest rate and repayment schedule they have preapproved you for. 

5. Accept and Sign Loan Agreement

If you accept the terms, sign the loan agreement digitally. Your loan will be processed immediately.

On average, the entire application takes under 10 minutes. You can also track your application status online.

Loan Approval and Disbursement

Once submitted, Rockit Lenders will carry out a quick verification process that includes:

  • Checking ID details against government records  
  • Verifying your employment and salary details with your employer
  • Reviewing your credit history with Credit Bureau Nigeria

If approved, you will receive an approval notification by email or SMS within minutes. 

The approved loan amount will then be electronically disbursed into the bank account provided. The process from application to funds in account usually takes less than 24 hours.

Loan Repayment Process

Rockit Lenders offers loan tenors ranging from 3 to 12 months depending on your repayment capacity. Repayments are done via standing debit instructions from your linked bank account:

  •  An equal installment amount is deducted every month on the repayment date you select
  •  You can also repay the entire outstanding loan amount early without any prepayment penalty 
  •  A repayment reminder is sent via SMS and email 3 days prior to each due date
  •  Strategies like repayment holidays are available to assist in difficult times
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Their customer support team can also be contacted via phone, email or live chat to resolve any issues regarding loan repayments or account details.


Thanks for reading to this end, With their fast, convenient and transparent online lending processes, Rockit Lenders Nigeria Limited is certainly making access to affordable credit much easier for Nigerians. 

By following the application guidelines carefully, you can get the funds you need in as little as 24 hours to support your shortterm financial needs. Just be sure to repay on time to enjoy this service seamlessly in the future as well.

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