How to Borrow Money from OPay in Nigeria (Loan Code, App, iPhone & Android Guide 2025)

Are you looking for how to borrow money from OPay in Nigeria using the loan code, app, iPhone, or Android in 2025? You’re not alone.

As one of Nigeria’s most popular fintech apps, OPay now offers instant loans to eligible users without collateral, long paperwork, or visiting a bank. Whether you’re using an iPhone or Android, or just want the USSD loan code, this guide explains everything step by step.

In this comprehensive article, you’ll discover:

• How to qualify and borrow money from OPay in 2025

• The official OPay loan code and how it works

• How to use the OPay app on iPhone or Android for loans

• Loan requirements, interest rates, and repayment methods

• Related questions like “Why can’t I get a loan on OPay?” and “Is OPay loan real?”

• Pro tips to increase your loan limit fast

If your goal is to borrow money urgently without stress, this OPay loan guide for 2025 is your complete roadmap.

About OPay: A Quick Overview

OPay (Operated by Paycom Nigeria Limited) is a licensed mobile money and digital banking platform in Nigeria. Known for powering easy airtime recharge, bills payment, transfers, and ride-hailing, OPay has also entered the lending space.

As of 2025, eligible users can now access quick loans using:

• The OPay mobile app

• USSD code

• A smartphone (iPhone or Android)

Does OPay Give Loans in Nigeria?

Yes. OPay now gives personal loans to selected users who meet specific usage and credit score criteria. The loan service is embedded in the OPay app under a product called OKash.

It’s available to both Android and iPhone users with active accounts and consistent transaction histories.

Who Is Eligible to Borrow Money from OPay?

To borrow money from OPay in Nigeria 2025, you must:

• Be a Nigerian resident

• Be at least 18 years old

• Use the OPay app actively for at least 2–4 weeks

• Have a valid BVN linked to your OPay account

• Have a good credit score (no defaulted loans elsewhere)

• Submit accurate details (name, phone, ID if requested)

Your eligibility improves the more you use the OPay wallet for:

• Airtime/Data purchase

• Utility bill payment

• Bank transfers

• Receiving inflow from customers or salary

How to Borrow Money from OPay App (2025 Guide)

To borrow money directly from the OPay app in Nigeria:

Step 1: Download the OPay App

• Visit Google Play Store or Apple App Store

• Search "OPay – Transfer, Pay Bills"

• Install and open the app

• Register or log in with your phone number

Step 2: Complete Your Profile

• Verify your phone number via SMS

• Link your BVN

• Fill in your personal information correctly

• Upgrade your KYC if needed (upload ID, selfie, etc.)

Step 3: Use the App Actively

• Fund your wallet

• Perform transactions regularly (buy airtime, pay NEPA bills, etc.)

• Avoid failed or reversed transfers

Step 4: Go to the “Finance” or “Loan” Tab

• Click "Finance" or "OKash" in the app

• If eligible, you’ll see a loan offer or ‘Borrow Now’ button

Step 5: Apply for a Loan

• Choose your loan amount (starts from ₦3,000 to ₦500,000)

• Select repayment duration (usually 7 to 90 days)

• Accept the terms and tap "Apply"

Step 6: Get Instant Disbursement

• Upon approval, the loan is sent directly to your OPay wallet

• You can withdraw to your bank or use it for payments

OPay Loan Code in Nigeria 2025 (USSD Option)

If you don’t have a smartphone or want a quick option, you can also borrow money from OPay using USSD.

How to Use the OPay Loan Code:

1. Dial *955# on the phone number linked to your OPay account

2. Select Loans from the menu

3. Follow the on-screen instructions to check eligibility

4. Choose the loan amount and confirm

5. Money is sent to your OPay wallet instantly

Note: Not all users will see the loan option via USSD. You must be an active OPay customer.

How Much Can You Borrow from OPay in Nigeria?

The OPay loan limit depends on your creditworthiness and usage.

You may need to repay 1–2 smaller loans on time to qualify for higher amounts.

OPay Loan Tenure and Repayment Duration

OPay loans typically come with short-term repayment periods, which include:

• 7 days

• 14 days

• 30 days

• 90 days

The longer the loan tenure, the higher the total repayment due to interest.

What Is the Interest Rate on OPay Loan?

Interest rates on OPay loans in 2025 vary based on:

• Loan amount

• Duration

• Risk score

Estimated Range:

• Interest Rate: 2% – 15% per loan

• APR (Annualized % Rate): 36% – 180%

Example:
If you borrow ₦10,000 for 14 days at 10%, you’ll repay ₦11,000 at the end.

How to Repay OPay Loan

There are three easy ways to repay:

1. Auto-debit from your wallet
   – Fund your wallet before the due date
   – The amount is deducted automatically

2. Manual repayment
   – Open the OPay app
   – Go to Loans → Active Loans
   – Tap “Repay” and follow instructions

3. Bank transfer repayment
   – In some cases, a repayment account number is provided
   – You can transfer the amount manually from another bank

Important: Always repay early or on time to avoid:

• Late penalty fees

• Negative credit reports (affects access to other loans)

Why Can’t I Borrow from OPay?

Here are possible reasons:

• You’re a new user with no transaction history

• Your BVN isn’t linked

• You haven’t used the app regularly

• Poor credit score (e.g., unpaid loan with another app)

• You provided wrong details or skipped KYC

• You don’t have enough wallet balance or inflow history

Pro Tips to Qualify for and Increase Your OPay Loan Limit

• Use OPay daily for airtime, transfers, and bills

• Fund your wallet regularly and maintain balance

• Repay all previous loans before due date

• Avoid failed transactions and chargebacks

• Ensure your BVN and name match your account

• Turn on app notifications so you don’t miss offers

Devices Compatible with OPay Loans in 2025

OPay loans can be accessed on:

• Android phones: Download from Play Store

• iPhones (iOS): Download from App Store

• Basic phones: Use USSD *955#

You must be logged into your OPay account with an active phone number.

Is OPay Loan Safe and Legit?

Yes. OPay is:

• CBN-licensed

• NIBSS-connected (BVN verified)

• Nigerian Deposit Insurance Corporation (NDIC) registered

Their loan service (OKash) is operated under full regulatory compliance. However, always read terms before borrowing.

Summary Table: How to Borrow Money from OPay in Nigeria (2025)

FAQs – How to Borrow Money from OPay in Nigeria (2025)

1. What is the loan code for OPay?
The USSD code is *955#. Select “Loans” and follow the prompts.

2. Can I borrow money from OPay without the app?
You need the app for full access, but some users can borrow via USSD.

3. How long does OPay loan take to disburse?
Once approved, your money is sent immediately to your OPay wallet.

4. What is the maximum loan I can get on OPay?
₦500,000+ depending on your usage and repayment history.

5. Is OPay loan available to new users?
No. New users must use the app consistently for 2–4 weeks first.

6. What happens if I don’t repay OPay loan?
You’ll be penalized, reported to credit bureaus (CRC, FirstCentral), and blocked from future loans.

Final Thoughts on How to Borrow Money from OPay in Nigeria 2025

OPay is now more than just a mobile wallet — it’s a reliable source of fast loans without collateral for Nigerians in 2025. Whether you're using Android or iPhone, or even a basic phone with USSD, borrowing money from OPay is easy if you follow the steps above.

Always repay your loan early, use your wallet regularly, and maintain a clean record. That’s how you grow your loan limit and keep enjoying access to emergency cash when you need it most.