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RM
RenMoney
PopularMonthly payment₦10,100
Zero Processing Fee
CompareInterest Rate2.4%/mo
Processing Fee2% Upfront
Max Loan₦6,000,000
TermUp to 48mo
Editorial score4.3/5.0
Pricing breakdown
Base premium₦10,100
Admin fee₦1,500
VAT (7.5%)₦900
Stamp duty₦200
Total (first month)₦10,100
Pros & Cons
What we like
- Competitive pricing
- Fast claims processing
- Excellent customer support
- Nationwide coverage
- Digital policy documents
Watch out for
- No 24/7 phone support
- Limited customisation options
- Processing fee on claims
