---
title: "Monibac - Reviews, Revenue and Downloads in Nigeria | Apple App Store"
description: "Monibac is an app where you can access loans without any collateral, save and earn interest on your savings, and easily top up and withdraw to your account.  Why Monibac? 1. You do not need collateral"
---

# Monibac — Nigeria
> Get access to loans on Monibac

![Monibac App Icon](https://is1-ssl.mzstatic.com/image/thumb/Purple211/v4/38/fb/77/38fb7738-f166-d295-5b01-aa93ae5e5792/AppIcon-0-0-1x_U007emarketing-0-8-0-85-220.png/434x0w.png)

**Developer:** [Prime Zone](https://apptail.io/developer/prime-zone-KBS)
**Category:** Finance
**Rating:** 2.7/5 (110 ratings)
**Price:** Free
**Bundle ID:** com.monibac.app
**Store:** Apple App Store
**Country:** Nigeria
**Version:** 1.6.4 (released 2025-12-02)
**Original Release:** 2023-06-01
**Languages:** English

**App Store Link:** [Download on Apple App Store](https://apps.apple.com/ng/app/app/id1670621261)
**AppTail Page:** [https://apptail.io/app/monibac-QcCm/nigeria](https://apptail.io/app/monibac-QcCm/nigeria)

## Monibac Description
Monibac is an app where you can access loans without any collateral, save and earn interest on your savings, and easily top up and withdraw to your account.

Why Monibac?
1. You do not need collateral before you can access a loan
2. There are no charges on both deposits or loans.
3. You can get an additional 50% of your savings as a loan.
4. You can get from 20,000NGN to 500,000NGN as a loan
5. We will always send reminders for your repayment without much disturbance.

How it works
Install the Monibac App from App Store
Register your account
Start saving
After 3 months, the customer is eligible to request a loan of up to 150% of their total savings.
If they request for the loan, they submit their request on the app, we check to ensure their KYC documents are complete.
If the loan is approved, they will get a request to E-sign.
Once they sign, the approved amount is added to their Monibac Balance
Apart from loans, they can also lock their savings for a specified period of time. For example; if they save for 3 months, they get 3% of their savings. 6 months, they get 5%.

Our Loan Product
Tenure- Our tenure ranges from 90 to 180 days.
Interest rate for 90 days is 9%
Interest rate for 180 days is 15%
Loan amount will be capped at N5 million
Our interest rate depends on the tenure the customer chose.

An example of how this loan and repayment works….
If a customer has N200,000 as total savings, they can get a loan of N300,000.
If they take the loan for a period of 3 months, then the 9% interest will be on the principal amount of N100,000 which is 9,000. Therefore, the total payable amount will be N109,000.
Since the repayment is monthly, the N109,000 divided by 3 months = N36.333
Our APR is between 30.4% and 36.5% if we use 15% for the 6-month repayment and 9% for 3 months respectively.

Eligibility
1. Above 18 years.
2. Lives in Nigeria
3. Have saved on our platform for over 3 months

Contact Us
Customer service Email> admin@monibac.com
Customer service Hotline> 07060953139
Address > Block A211, Sura shopping complex, Lagos Island, Lagos state.

## Monibac Screenshots
- [Screenshot 1](https://is1-ssl.mzstatic.com/image/thumb/PurpleSource116/v4/7d/03/97/7d0397e1-50cc-0dbd-bd6c-6e989e8eb6bd/461a3ab2-9f43-41c6-b4b0-956e3537144b_Home-2.png/1242x2688.png)
- [Screenshot 2](https://is1-ssl.mzstatic.com/image/thumb/PurpleSource116/v4/20/b6/98/20b698ba-4d3c-e5df-0815-67ebb0dd2461/bb0a2729-8552-4635-81e9-acf1dcd0e8b7_Loans-2.png/1242x2688.png)
- [Screenshot 3](https://is1-ssl.mzstatic.com/image/thumb/PurpleSource116/v4/67/62/ba/6762baf8-5c25-9519-ced3-2ea2e463f6f1/f7f51c0c-57af-4952-bea5-52330defbe80_MoniLock-2.png/1242x2688.png)
- [Screenshot 4](https://is1-ssl.mzstatic.com/image/thumb/PurpleSource126/v4/f1/68/80/f16880d3-3a5d-634a-b7ca-0381941890b0/84143b08-92cd-4626-96f1-333762765b8d_Payments-2.png/1242x2688.png)
- [Screenshot 5](https://is1-ssl.mzstatic.com/image/thumb/PurpleSource116/v4/ef/fd/6d/effd6d49-64fe-46ad-4437-c7b6d9c958a7/3df2ac68-5a67-4700-8564-5d35d0a94d8b_Account-2.png/1242x2688.png)

## Monibac Rating Breakdown in Nigeria
- 5 stars: 31 (28%)
- 4 stars: 13 (12%)
- 3 stars: 9 (8%)
- 2 stars: 6 (5%)
- 1 stars: 51 (46%)

## Monibac Reviews in Nigeria

### *---- "Delete my acc"
Please delete my acc
-- Ehmoji, 2024-11-12

### *---- "My 150k disappeared from my account"
They will remove money from your account without any trace, take it or leave it
-- Goodnews212, 2024-09-25

### *---- "Useless App. Deserves zero star"
They require you to either have money saved in their app for up to 3 months (and you get 50% of the saved amount) or you must be a staff of their company. 

So who exactly are you offering loans to, because why will I want to borrow from you as a non-staff with savings of up to 3 months, instead of just withdrawing my money and moving on? Just say you don’t want to give loans period
-- Chuudi, 2024-08-18

### ****- "Great for savings and money you don’t wanna touch"
When I started using the app I had doubts but now I can say it’s good to help you save money especially if you want good interest rates and have a business
-- Therealay, 2024-08-08

### *---- "Scam"
I downloaded the app inputed all my details only to get an error message saying my phone number is invalid … if them born ina well na ina use my details do rubbish
-- Kopilajr, 2024-07-14

### *---- "Monibac"
You people bank is very worst worse at all have ever seen in my life I wanted to login and it is writing filter key match is not a function you people should pls resolve it now because am having a lot of money there you people should pls help me ooh pls
-- Oogba656, 2024-02-29

### ***** "The best financial application"
Very easy and comprehensive application
-- Timi Ladeji, 2024-02-04

### ***** "I need loan"
I need loan, are you giving within minutes, please I need loan today
-- bsfhn de f, 2023-11-04

### *---- "Can’t get pass password"
I’m unable to use the app cos it keeps saying put valid password no matter the password I use
-- promquin, 2023-10-23

### ***** "Monibac"
Easy to use. The savings and the Monilock buttons are not hard to find.
-- Chinkata, 2023-09-27

### ***** "Awesome App"
I like the user interface. Simple. It encourages me to save
-- chukssie, 2023-09-01

### *---- "Fake"
Fake fake fake
-- gt main, 2023-08-21

### *---- "Don’t download!!"
Waste of time 👎👎👎
-- Mannowell36, 2023-08-14

### *---- "Fake"
Pls don’t download
-- wbmhv, 2023-08-12

### ***** "Customer satisfaction and credibility"
Finally the app is on here ! Started with an android and now I’m here still enjoying their services . Customer friendly interface and definitely a smooth ride all the while. Monibac the best so far
-- Bukasdon, 2023-07-24

### ***** "Best finance app so far"
I downloaded and started using this app last month and I can say it’s the best app so far to send and receive money and also for saving . 

I love the interface so much  very easy and seem less .
-- Nedu2023, 2023-07-24

### ***** "Impressive"
The app is really optimal and I’ve been able to start saving my free money and plan for future use. I’ll advice it for professionals and also business individuals to save and also reinvest.
-- Dominic Oc, 2023-07-24

### *---- "FAKE APP"
This is a fake all. They only want you to download and get some ratings. Don’t fall for it. It’s not working.
-- mogkay, 2023-07-21

### *---- "Useless app"
It’s a total waste of time…
-- opamefa6, 2023-07-06

### ***** "Precious"
Best Loan app I’ve seen so far. Nice features and very easy to operate. Take advantage now
-- Presh004, 2023-06-21

[View all Monibac reviews and detailed analytics on AppTail](https://apptail.io/account/signup?utm_campaign=ai-crawl&utm_content=reviews)


## Monibac Store Rankings
| Chart | Country | Category | Rank |
|-------|---------|----------|------|
| Top Free | Nigeria | Finance | #134 |

## Monibac Discovered Keywords
- monibac

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## Monibac Available In
- [Nigeria](https://apptail.io/app/monibac-QcCm/nigeria)
- [United States](https://apptail.io/app/monibac-QcCm/united-states)
- [Canada](https://apptail.io/app/monibac-QcCm/canada)
- [Azerbaijan](https://apptail.io/app/monibac-QcCm/azerbaijan)
- [Belgium](https://apptail.io/app/monibac-QcCm/belgium)
- [Bulgaria](https://apptail.io/app/monibac-QcCm/bulgaria)
- [Brazil](https://apptail.io/app/monibac-QcCm/brazil)
- [Belarus](https://apptail.io/app/monibac-QcCm/belarus)
- [Switzerland](https://apptail.io/app/monibac-QcCm/switzerland)
- [Chile](https://apptail.io/app/monibac-QcCm/chile)
- [China](https://apptail.io/app/monibac-QcCm/china)
- [Colombia](https://apptail.io/app/monibac-QcCm/colombia)
- [Cyprus](https://apptail.io/app/monibac-QcCm/cyprus)
- [Czechia](https://apptail.io/app/monibac-QcCm/czechia)
- [Germany](https://apptail.io/app/monibac-QcCm/germany)
- [Denmark](https://apptail.io/app/monibac-QcCm/denmark)
- [Dominican Republic](https://apptail.io/app/monibac-QcCm/dominican-republic)
- [Algeria](https://apptail.io/app/monibac-QcCm/algeria)
- [Ecuador](https://apptail.io/app/monibac-QcCm/ecuador)
- [Egypt](https://apptail.io/app/monibac-QcCm/egypt)
- [Spain](https://apptail.io/app/monibac-QcCm/spain)
- [Finland](https://apptail.io/app/monibac-QcCm/finland)
- [France](https://apptail.io/app/monibac-QcCm/france)
- [United Kingdom](https://apptail.io/app/monibac-QcCm/united-kingdom)
- [Greece](https://apptail.io/app/monibac-QcCm/greece)
- [Hong Kong SAR China](https://apptail.io/app/monibac-QcCm/hong-kong)
- [Croatia](https://apptail.io/app/monibac-QcCm/croatia)
- [Hungary](https://apptail.io/app/monibac-QcCm/hungary)
- [Indonesia](https://apptail.io/app/monibac-QcCm/indonesia)
- [Ireland](https://apptail.io/app/monibac-QcCm/ireland)
- [Israel](https://apptail.io/app/monibac-QcCm/israel)
- [India](https://apptail.io/app/monibac-QcCm/india)
- [Italy](https://apptail.io/app/monibac-QcCm/italy)
- [Jamaica](https://apptail.io/app/monibac-QcCm/jamaica)
- [Japan](https://apptail.io/app/monibac-QcCm/japan)
- [South Korea](https://apptail.io/app/monibac-QcCm/south-korea)
- [Kuwait](https://apptail.io/app/monibac-QcCm/kuwait)
- [Kazakhstan](https://apptail.io/app/monibac-QcCm/kazakhstan)
- [Lebanon](https://apptail.io/app/monibac-QcCm/lebanon)
- [Madagascar](https://apptail.io/app/monibac-QcCm/madagascar)
- [North Macedonia](https://apptail.io/app/monibac-QcCm/north-macedonia)
- [Mexico](https://apptail.io/app/monibac-QcCm/mexico)
- [Malaysia](https://apptail.io/app/monibac-QcCm/malaysia)
- [Netherlands](https://apptail.io/app/monibac-QcCm/netherlands)
- [Norway](https://apptail.io/app/monibac-QcCm/norway)
- [New Zealand](https://apptail.io/app/monibac-QcCm/new-zealand)
- [Oman](https://apptail.io/app/monibac-QcCm/oman)
- [Peru](https://apptail.io/app/monibac-QcCm/peru)
- [Philippines](https://apptail.io/app/monibac-QcCm/philippines)
- [Pakistan](https://apptail.io/app/monibac-QcCm/pakistan)
- [Poland](https://apptail.io/app/monibac-QcCm/poland)
- [Portugal](https://apptail.io/app/monibac-QcCm/portugal)
- [Romania](https://apptail.io/app/monibac-QcCm/romania)
- [Russia](https://apptail.io/app/monibac-QcCm/russia)
- [Saudi Arabia](https://apptail.io/app/monibac-QcCm/saudi-arabia)
- [Sweden](https://apptail.io/app/monibac-QcCm/sweden)
- [Singapore](https://apptail.io/app/monibac-QcCm/singapore)
- [Slovenia](https://apptail.io/app/monibac-QcCm/slovenia)
- [Thailand](https://apptail.io/app/monibac-QcCm/thailand)
- [Tunisia](https://apptail.io/app/monibac-QcCm/tunisia)
- [Türkiye](https://apptail.io/app/monibac-QcCm/turkey)
- [Taiwan](https://apptail.io/app/monibac-QcCm/taiwan)
- [Ukraine](https://apptail.io/app/monibac-QcCm/ukraine)
- [Vietnam](https://apptail.io/app/monibac-QcCm/vietnam)
- [United Arab Emirates](https://apptail.io/app/monibac-QcCm/united-arab-emirates)
- [South Africa](https://apptail.io/app/monibac-QcCm/south-africa)
- [Austria](https://apptail.io/app/monibac-QcCm/austria)
- [Australia](https://apptail.io/app/monibac-QcCm/australia)

---

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