• Abuja, Nigeria
  • info@sofrikexchange.com
  • Office Hours: 8:00 AM – 6:00 PM

How much I can borrow?

Our minimum loan amount is N500,000 and the upper limit for a new customer is N10,000,000. Both depend on borrower’s capacity to repay based on verifiable income level and other selection criteria.

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Why do you require BVN on your Forms

We need your BVN to make a verification check on you and to access your credit worthiness. It is also a standard CBN process for KYC. Your details are very safe with us.

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Can I make repayment before the stipulated day?

Yes you can. You can reach us on our official mail @ info@sofrikexchange.com or give us a call on +2348 159 623881

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How long does it take to Process Loan

Loan processing takes between three to twenty four (3-24) hours. Once your application has been approved, the loan will be disbursed into your Sofrik account in less than three hours.

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Can my Loan offer be Rejected

Yes it can. Your application goes through an approval process and if it does not meet the set criteria, the loan request is rejected. However, you can enquire about the reason for the decline and apply for a new loan.

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