Blue Ridge Microfinance Bank Ltd is a reputable financial institution approved by the Central Bank of Nigeria (CBN). The MFB's mission is to economically empower micro-entrepreneurs and individuals without access to traditional banking services. BlueRidge achieve this by offering unsecured loans through it user-friendly mobile applications, OKash and EaseMoni.
BlueRidge Loan offerings are designed to be flexible and accessible, with amounts ranging from ₦4,000 to ₦1,000,000. Borrowers can select repayment periods that best suit their financial situations, with options spanning from as short as 14 days to as long as 12 months. Additionally, it customers have the opportunity to take out multiple loans simultaneously, provided the total borrowed amount does not exceed ₦1,000,000.
By leveraging technology, Blue Ridge Microfinance Bank Ltd ensures that the loan application process is seamless and efficient, allowing clients to access funds quickly and easily. The MFB commitment to financial inclusion is demonstrated by it tailored loan products, which help micro-entrepreneurs grow their businesses and support unbanked individuals in meeting their financial needs.
Blue Ridge MFB Loan Apps
Blue Ridge Microfinance Bank offers two Loan apps; Okash and EaseMoni. Let's dive straight into them.
1. OKash
OKash is your dependable financial ally, offering a robust and user-friendly platform designed to meet your financial needs. With OKash, you can access higher loan amounts, up to ₦1,000,000, providing substantial support for your personal and business ventures. This significant loan offering ensures that you have the financial backing to pursue various opportunities and manage expenses effectively.
One of the standout features of OKash is that it requires no collateral for loan applications. This means you can enjoy the convenience of securing a loan without the burden of providing assets as security. The process is straightforward and stress-free, allowing you to focus on your financial goals without additional worries.
Additionally, OKash offers flexible repayment options with loan tenures extending up to 12 months. This flexibility allows you to choose a repayment plan that best suits your financial situation, ensuring manageable monthly payments and reducing financial strain. OKash is committed to being your reliable financial partner, providing you with the support you need to thrive.
2. EaseMoni
EaseMoni is designed to simplify your borrowing experience, providing a seamless and efficient process to meet various financial needs. One of the key advantages of EaseMoni is its competitive interest rates. With daily interest rates as low as 0.01%, EaseMoni offers one of the most affordable loan options available, making it easier for you to manage repayment without excessive interest costs.
The application process with EaseMoni is incredibly simple and hassle-free. The platform requires minimal documentation, ensuring you can access credit swiftly and without unnecessary paperwork. This ease of application means you can get the funds you need quickly, helping you to address urgent financial needs or take advantage of timely opportunities.
Once approved, EaseMoni ensures quick disbursement of the loan amount directly to your linked bank account. This means you have immediate access to the funds, allowing you to use them without delay. Furthermore, EaseMoni introduces a new revolving loan feature, which allows you to have more than one loan running concurrently. This innovative option provides greater flexibility and access to additional funds as needed, ensuring that you always have the financial support to meet your evolving needs.
In summary, by choosing OKash and EaseMoni, you are opting for financial solutions that are tailored to provide maximum convenience, flexibility, and affordability. Whether you need substantial loan amounts with extended repayment periods or quick and easy access to funds with minimal documentation, Blue Ridge Microfinance Bank Ltd has the right app to support your financial journey.
Blue Ridge OPay Merchant Loan
The Blue Ridge OPay Merchant Loan is designed to empower small and medium-sized enterprises (SMEs) by providing them with accessible and flexible financial solutions through the OPay App. This loan product, tailored specifically for OPay merchants, aims to support business growth, manage cash flow, and help entrepreneurs seize new opportunities without the hassle of traditional banking requirements.
Key Features and Benefits of Blue Ridge OPay Merchant Loan:
- Tailored for OPay Merchants
- Flexible Loan Amounts
- No Collateral Required
- Competitive Interest Rates
- Quick and Easy Application Process
- Flexible Repayment Options
- Direct Disbursement
- Enhanced Cash Flow
- Allow Business Expansion
- Operational Efficiency
- Financial Stability
In summary, the Blue Ridge OPay Merchant Loan is a valuable financial tool for OPay POS merchants, offering them the flexibility, accessibility, and support needed to grow and thrive in a competitive business environment.
Blue Ridge Savings Products: Accessible on the OPay Mobile App
Blue Ridge Microfinance Bank Ltd offers a suite of savings products designed to help you manage and grow your finances efficiently. All these products are easily accessible through the OPay mobile app, providing you with the convenience of managing your savings from anywhere at any time.
- OWealth: OWealth is a versatile savings option that allows you to earn daily interest on your balance. This product is perfect for those who want to see their money grow incrementally every day while maintaining easy access to their funds. With OWealth, your savings are not only secure but also continuously generating returns.
- Fixed Savings: For those looking to maximize their savings, our Fixed savings product offers large returns. By committing your funds for a set period, you can benefit from higher interest rates compared to regular savings accounts. This option is ideal for individuals looking to achieve significant financial growth over time.
- Targets Savings: Targets is designed to help you save with discipline for a specific goal. Whether it's a vacation, a new car, or a special event, this product encourages consistent savings habits. By setting a goal and regularly contributing towards it, you can reach your financial objectives more effectively.
- SafeBox: SafeBox provides a flexible saving schedule, allowing you to save daily, weekly, or monthly. This product is perfect for those who prefer structured savings plans. It helps you build a habit of regular saving, ensuring that you steadily grow your financial reserves.
- Spend & Save: Spend & Save is a unique savings option that helps you save money effortlessly as you spend. Every time you make a purchase, a portion of the amount is automatically saved. This innovative approach allows you to grow your savings without even thinking about it, turning everyday expenses into opportunities to save.
All these BlueRidge MFB savings products are conveniently accessible through the OPAY mobile app. The Fintech app provides a user-friendly interface that makes managing your savings simple and straightforward. Whether you’re tracking your daily interest with OWealth, setting up a Fixed savings plan, working towards your Targets, scheduling contributions to your SafeBox, or automatically saving with Spend & Save, the OPay app puts all these powerful financial tools at your fingertips.
Blue Ridge Microfinance Bank (MFB) Contacts
Office Address:
Location: 77, Opebi Street, Ikeja, Lagos
Description: Visit BlueRidge MFB office for in-person support, consultations, and detailed information about our products and services. Their dedicated team is available to assist you with all your financial needs.
Phone Numbers:
OKash Support: 02018884549
Description: Call this number for any questions or support related to the OKash loan app. Their customer service representatives are ready to help with loan applications, repayment queries, and other assistance.
EaseMoni Support: 07009987769
Description: For inquiries and support regarding the EaseMoni app, dial this number. Whether you need help with loan features, interest rates, or account issues, The Bank team is there to provide you with prompt and efficient service.
Email Addresses:
OKash Email Support: support@o-kash.com
Description: Send an email to this email address for support with the OKash loan app. The BlueRidge Okash support team will respond to your queries, provide solutions to technical issues, and offer guidance on using the app effectively.
EaseMoni Email Support: easemoni@blueridgemfb.com
Description: For email support related to EaseMoni, contact Blue Ridge at this email address. The Bank team will assist you with all aspects of the EaseMoni app, from loan applications to repayment schedules and more.