Zelia is a Lagos-Nigeria-based credit-led neo-bank with powering convenient access to credit facilities for the underserved Nigerian markets. With Zelia, the young Nigerian will not have to worry about fee deadlines and the businessman will experience easier access to project financing.

We provide three (3) loan categories: Student Personal Loans, Tuition Advance (coming soon), and SME Loans.

For Student Personal Loans, individuals with valid identification can apply for amounts ranging from 5,000 to NGN 50,000. Eligibility starts at 5,000 Naira, and after successful repayment, they become eligible for higher amounts.

In the case of Tuition Advance, students initiate the application, and parents/guardians act as co-signers. Before submission, the application must be passed to a co-signer for acknowledgment and confirmation. The co-signer's banking history and creditworthiness determine loan eligibility, with amounts ranging from NGN 10,000 to NGN 500,000.

Entrepreneurs seeking SME Loans can request funding for Purchase Order Financing, Working Capital Needs, and Accounts Receivables Financing. Loan amounts, based on creditworthiness and eligibility, range from 10,000 to 500,000 Naira.

The repayment terms range from 61 days to 365 days with Annual Percentage Rates (APRs) from 2% - 36%. No service fees, late repayment charges are applicable.

Getting a loan is simple:
1. Get the App.
2. Sign up as a new user to create an account and submit the required KYC details (rest assured, we've streamlined the process to minimize form-related hassles).
3. Apply for a loan, selecting from options such as Tuition Advance, Student Personal Loan, or SME Loans. Once approval is granted, typically within 24 to 72 hours, the funds will be disbursed to your personal Zelia wallet. Users can then conduct transactions conveniently from there.

Why choose Zelia Finance?

Zelia Services Limited holds a license from the Lagos State Ministry of Home Affairs as a Money Lender, granted per section 5(2) of the Money Lenders Law of Lagos State.
Approved by FCCPC (Federal Competition and Consumer Protection Commission) to be featured on app stores as a digital money lender (DML).
We possess the NDPR (Nigerian Data Protection Regulation) trust mark.

Choosing Zelia for your borrowing needs guarantees:
Lower interest rates.
Swift response times.
Secure transactions.


Loan Repayment Example:

An entrepreneur borrows a principal amount of NGN 450,000 with a 12-month tenure and a monthly interest rate of 3%.

Details:
Principal: NGN 450,000
Loan Tenure:12 Months
Monthly Interest Rate: 3%

Repayment Information:
Repayment Cycle: 12
Repayment Cycle Amount: NGN 51,000
Total Payable: NGN 612,000


You can reach out to us through the following channels:

Website: www.zeliafinance.com
Email:
General inquiries: [email protected] [email protected]
Lending Inquiries: [email protected]
Phone:
Customer support: +2349088308010
Alternate contact: +2349088308011
Corporate office:
Plot 1-5, Obagun Avenue, Off Fatai Atere Way, Matori, Mushin, Lagos State, Nigeria

Stay connected with us on social media: BankwithZelia