At ONEX LOAN, we’ve simplified the entire loan application process to be 100% online, ensuring that you can apply for and obtain qualified loans anytime and from anywhere. Whether you're facing an urgent financial need or planning ahead, our platform allows you to access funds in a safe and efficient manner. The process is designed with your convenience in mind, and we guarantee the security of your personal information throughout.

Why Choose ONEX LOAN?
Here are several reasons why ONEX LOAN is the smart choice for securing a loan in Nigeria:

Variety of Loan Amounts: Choose from a range of loan amounts to meet your specific financial needs, whether it's a small emergency expense or a larger planned outlay.

Low Interest Rates: We offer competitive and transparent interest rates, ensuring that you pay back your loan at an affordable rate.

100% Online Process: Our application process is entirely digital. No need to visit a bank or fill out physical paperwork—everything can be done from your smartphone or computer.

24/7 Availability: ONEX LOAN is available round the clock, so you can apply for a loan whenever it's most convenient for you, even outside of typical business hours.

Secure and Protected: We prioritize the protection of your personal information by using state-of-the-art security measures. Your data will never be shared with third parties.

Product Features:
We offer a flexible range of loan products that can accommodate your needs:

• Loan Amount: ₦700 to ₦9,000
• Loan Term: 91 days to 180 days
• Maximum Annual Percentage Rate (APR): 29%

Our flexible loan amounts and terms allow you to borrow what you need and repay on a schedule that suits you.

Application Conditions:
To qualify for a loan from ONEX LOAN, you must meet the following conditions:

1. Age: You must be 18 years of age or older.
2. Nationality: Applicants must be citizens of Nigeria.
3. Income: You must have a regular source of income to ensure repayment ability.

Loan Example Breakdown:
To help you better understand the costs and terms of an ONEX loan, here’s an example:

• Loan Amount: ₦5,000
• Loan Term: 120 days
• Daily Interest Rate: 0.06%

Handling Charge: The handling fee is 5% of the loan amount. In this case, 5% * ₦5,000 = ₦250.
After the deduction of the handling charge, the amount you’ll receive is:
₦5,000 - ₦250 = ₦4,750.

Interest Rate: The monthly interest rate is calculated as:
0.06% * 30 days = 1.8% per month.
Over 120 days, the total interest would be:
0.06% * 120 days * ₦5,000 = ₦360.

APR (Annual Percentage Rate): The APR, which includes both the interest and handling fee, is calculated as:
(₦250 + ₦360) * 2 / ₦5,000 = 24.4%.

Total Repayment: After 120 days, your total repayment amount will be:
₦360 + ₦5,000 = ₦5,360.

Security Assurance:
ONEX LOAN ensures that all transactions are protected with 256-bit SSL encryption technology. This advanced encryption standard guarantees the security of your personal and financial data throughout the loan process. We adhere to strict data privacy policies and will never share your information with any third-party organizations or departments.

Customer Support:
If you have any questions or need assistance, our customer service team is available to help. You can reach us at:

• Email: onexloan@tyonex.online
• Address: KM 22 LASU/Ojo Rd, Egan, Igando-Ikotun LGA, Lagos.