Branch — review & details

In Personal loans · By the Rateweb editorial team · How we rate · Details checked 18 Jul 2026

A well-established FCCPC-approved lender with 10m+ downloads; small, quick loans with rates that improve as you build history.

Branch

A well-established FCCPC-approved lender with 10m+ downloads; small, quick loans with rates that improve as you build history.
★★★★☆
3.9/5 · How we rate
₦2,000 – ₦500,000
Loan Amount
≈2.1% – 12%
Monthly Interest
FCCPC-approved (DML)
Licence
—
Deposits Insured
small
Amount Tier
digital
Provider
Pros
  • Long track record, large user base
  • Quick decisions; rate drops with repayment history
  • No collateral
Cons
  • FCCPC-approved digital lender — lighter oversight than a CBN bank
  • Small starting limits
  • Requires phone-data access
Fees, eligibility & documents
Fees
Monthly interestApprox. 2.1%-12%
Processing feeMay apply - shown in the offer
Late paymentLate fees + credit-bureau report
Eligibility
  • 18+ Nigerian resident
  • Active BVN
  • A smartphone and a Nigerian bank account
Documents needed
  • BVN
  • Valid ID
  • Phone number and app/data access
Visit Branch
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How Branch compares in personal loans

Branch scores 3.9/5 in our personal loans rankings. Our current top pick is FairMoney (4.4/5). Always compare a few before you decide — see the full personal loans comparison.

Branch
3.9/5 · this page
 FairMoney
4.4/5
 GTBank (QuickCredit)
4.3/5
Loan Amount ₦2,000 – ₦500,000 ₦3,000 – ₦3,000,000 —
Monthly Interest ≈2.1% – 12% 2.5% – 30% (by credit profile) —
Licence FCCPC-approved (DML) CBN microfinance bank Product of Guaranty Trust Bank, a CBN-licensed commercial bank
Deposits Insured — Yes (NDIC, to ₦2m) —
Visit Branch → Visit FairMoney → Visit GTBank →

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Details last checked: July 2026

Ratings are Rateweb's editorial opinion. Product details are checked periodically but can change — confirm current terms with the provider before acting. We may earn a commission from some links, at no cost to you.