How to (Get/Repay) Migo Loan With Code

How to (Get/Repay) Migo Loan With Code

How to (Get/Repay) Migo Loan With Code

How to (Get/Repay) Migo Loan With Code

Migo, which was formerly known as Kwikmoney or Kwikcash, is a service that provides automated instant loans. It was developed in Nigeria as a result of a collaboration between financial institutions, mobile networks, and telecommunications companies with the goal of simplifying personal banking and increasing access to financial resources for Nigerians.

The provision of easily accessible loans to Nigerians without the requirement of collateral or guarantors forms the basis of the relationship.

You can acquire a loan in as little as sixty seconds or even less with Migo. That is how simple and quick the procedure can be when it is functioning at its finest. In the same manner that you dial a code on your phone to check the remaining balance of your airtime, you may receive a loan by simply dialing a code on your phone.

Migo is also  Known as a Loan platform that works with businesses such as financial institutions, telecoms firms, and retail establishments.

It grants these businesses the ability to extend credit to their customers, so enhancing the performance of conventional banking and card payment systems.

This is accomplished by integrating Migo into the app of the relevant company. Migo, on the other hand, manipulates the customers by giving them a digital account as well as a credit line. Therefore, customers are able to make simple and straightforward financial transactions by utilizing this credit line that is provided to them.

This organization’s top priority is to ensure that everyone has equal access to economic success. To rethink the ways in which we gain access to and make use of credit, while simultaneously ensuring complete client satisfaction

Migo’s terms of service

It’s crucial to be aware of some of the key loan terms and conditions before applying for a loan. These are them:

The ability to repay the loan before the due date is required. Contact them if you find yourself in any way unable to repay.

You will incur late payment fees and penalties if you repay your loan late.

If you don’t pay back your loan, you grant them permission to contact everyone on your phone contact list with messages.

You grant them permission to use your personal information to decide how much money to lend you. The following are examples of personal data: phone, bank, bill payments, credit bureaus, and others.

ALSO CHECK: How to Use EasyBuy to Get (Loan/Purchase) In Nigeria

Migo loan condition

  • The requirements to apply for a loan from Migo are as follows:
  • Bank statement
  • The number for Bank Verification (BVN)
  • A live telephone number
  • You must be at least 18 years old.
  • For the past 90 days, you must have actively used your phone number.
  • Your account number must have been in active use for the last 90 days

First Bank, Access Bank, Diamond Bank, First City Monument Bank (FCMB), United Bank For Africa (UBA), Stanbic Bank, Wema Bank, Zenith Bank, Guaranty Trust Bank (GTB), Polaris Bank, Fidelity Bank, Heritage Bank, Union Bank, and Unity Bank are the banks in which you must have an account.

How to apply for a loan with Migo Loan

To obtain a loan from Migo, follow these steps:

1. Dial *561#

Simply dial *561# on your mobile device. similar to how you would dial a code to check your credit limit.

2. specific loans

You’ll have a lot of choices. choose loans.

3. select ask for loan

Choose “Request Loan” from the menu options on the following screen.

4. a loan offer is awaited

You will receive a loan offer, which you must accept and provide account information to receive.

You may also do it on their website if you don’t want to utilize the mobile code. Please take note that if you have already used the code, you will be approved for the loan; do not go to the next stage. These steps are for those who would rather complete it online than over the phone.

5. Visit the loan gateway on the Migo website.

For individuals who prefer to use a website instead of a piece of code, follow this step. Simply go to the lending portal.

6. Please enter your phone number.

To continue, enter your phone number. It might be necessary for you to complete a captcha to prove that you are human.

7. full confirmation

Your phone will receive a code. To prove that you are the owner of the phone number, enter the code on the website.

8. choose for the check loan offer

Choose check loan offer to discover the offers that are available to you.

9. Give your account information and a number.

Click continue after giving all necessary information, including your account number.

10. Take out a loan!

You should soon receive your loan. In most cases, within a few minutes

Click here to Apply for Migo Loan

How much is available?

Loan amounts range from $500 to $500,000. But be aware that based on the assessment of your credit score, you will first receive a low offer. You will be able to access more money once you accept the initial offer and repay your loan on time, among other conditions.

The interest rate for Migo

The interest rate typically ranges between 10% and 25% of the money you are receiving. Additionally, based on your personal information, your rate can be greater or lower.

Loan period

The period of the loan is between 14 and 30 days.

How to pay Migo loan Back with transfer

  • Please enter your phone number.
  • Choose “Pay Loan”
  • Choose “Bank Transfer” from the available payment options.
  • Choose a bank.
  • To continue with the payment, click the button.
  • Your phone will display a dialing code.
  • Choose the name of the bank you’re transferring money to.

How to pay Migo loan back online

  • Please enter your phone number.
  • Choose “Pay Loan”
  • Choose “Pay with card” from the available payment options.
  • Choose the payment card you previously saved, or click “add card” and follow the prompts to register a new card.
  • When you confirm your payment, you will get a notice to that effect.


How to pay Migo loan with USSD Code

  • Dial *561# to pay with USSD from any mobile device.
  • Choose “Loans”
  • Visit the ‘Pay Loan’ page.
  • Choose “Pay with phone” from the list of available payment options.
  • Choose “add card,” then adhere to the card registration instructions.
  • When you confirm your payment, you will get a notice to that effect.

How to pay Migo loan with Cash

  • Visit one of the banks listed below:
  • Acorn Bank
  • Affinity Bank
  • T G Bank
  • Principal Bank
  • Silver Bank
  • UBA
  • Bank Wema

Tell them that you want to use PAY DIRECT to pay for Migo. The phone number you used to request your Migo loan should be used as the Customer Reference Number for

Pay direct since there is no account number to pay into.  We suggest that you go to the bank early to prevent lines for your convenience.

ALSO CHECK: Top 12 List Of Instant Loan App In Nigeria (Latest)

How to pay Migo loan with an ATM

Please go to an ATM that supports Quickteller.‍

In case you require a token, make sure you have the phone that gets bank alerts with you. Then, take the following actions:

  • Insert your ATM card, then choose “Quickteller.”
  • Choose “Pay Bills.”
  • Choose “Others”
  • Biller Code: Type “04354101” in the field
  • For “Customer Reference Number,” enter the phone number currently associated with Migo.
  • Verify the payment
  • You will see a message confirming your payment.
  • Please be aware that there is a processing fee of N100.

Payback of a loan

All loans must be repaid within 14 to 30 days of receiving them. That is the policy that applies to Kwik Money loans.

Loan repayment is simple. There are a lot of choices. You can pay back by dialing *561# and following the relevant steps. Alternatively, go to the Kwik Money payment portal.

You can repay the loan at any bank or representative that accepts them in cash or with any ATM card.

Please be aware that if you do not pay off your loan before the due date, you will automatically receive a rollover with a 5% late fee and a doubling of your interest rate.

Please contact *561# and select “Extend Loan” if you are having financial difficulties and are unable to make your loan payment.

Migo Headquarters

Migo’s corporate headquarters are at 3B Adekunle Lawal Road, Ikoyi, Lagos, Nigeria.

Customer service email and phone for Migo

+23417002274 is the customer service phone number.

The email for customer service is [email protected]

Additionally, you can text “help” to 561 from any 9mobile line.

Code Migo

561# is the Migo code. You can access all the services and request loans with this code.

Website for Migo

The address of the website is

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