What is Finserve?

Finserve is the mobile application developed by Finserve Investment Limited (FIL). It enables you to apply for a loan and receive the amount into your bank account the same day.

How can I contact the FIL?

You can reach out to us through these channels:
• Phone number: 0802 510 1479, 0808 704 7741, 0817 014 9580
• Email address: info@finserveinvestment.com
• Office address: 7 Muri Okunola Street, Victoria Island, Lagos .

How does Finserve work?

1. Install the app
2. Register an account using your phone number and email address
3. Fill out the KYC information
4. Apply for a loan
5. Authorizer at your company approves
6. FIL reviews documentation and disburses money into your bank account
.

Who can apply?

You must be a Nigerian resident, an employee of a registered company, and be at least 18 years old. .

What makes Finserve different from other mobile loan app?

You must be an employee of a company that has registered with FIL to apply. This ultimately reduces the time for the loan approval and disbursement. .

Do I need documents or a collateral to apply?

No paperwork or collateral is needed to successfully complete a loan application. .

How much can I borrow and for how long?

You can borrow up to your pre-approved amount for a duration of 6 months. Your pre-approved amount is dependent on your net annual salary and outstanding loan obligation to the company as well as other lenders. .

How do I receive my loan amount?

If your loan application is approved, the loan amount will be paid into your bank account, which is the account you provided during application. .

How do I make my loan repayment?

There are two (2) means of making a repayment: Bank transfer and Card payment. .

Can I repay the loan before due date?

Yes. All the outstanding interest and principal would have to be repaid. .

What are the consequences of late loan payments?

Late fees or penalty will be charged on the unpaid due amount on a daily basis at the loan interest rate. .

Why was my loan application rejected?

The reason can vary from application to application. Some of the typical reasons include the following:
• Unapproved uploaded documents: a document may not be approved because it is unclear, invalid as a result of expiry date, or lack all the required information.
• Incorrect loan application information
• Poor credit score
• Insufficient income
.