The increase in technology use and internet access in Nigeria has made financial services easier for everyone. Most banks and microfinance institutions have now moved their services online, allowing users to handle transactions right from their phones.
Many of these apps are now using Artificial Intelligence (AI) to make operations faster and smoother, especially for users who rely on quick loans and flexible payments.
One of the top loan and finance apps that has stood out over the years is Branch App, a licensed microfinance bank approved by the Central Bank of Nigeria (CBN).
The Branch Loan and finance app allows users to borrow money instantly, transfer funds, invest, pay bills, and earn cashback all in one place.
At TechManly, we make sure to test and verify apps ourselves before recommending them. We check user reviews, customer complaints, and overall app performance. Many people who rush into borrowing without checking the right details often face repayment problems or blocked accounts. That’s why this full guide will walk you through how to create an account on the Branch app, the requirements, and what to expect after registration.
What is Branch App?
Branch finance app is a digital banking and loan app that provides instant cash loans, investments, and free transfers to Nigerian users. It’s fully licensed by the CBN and operated by Branch International Financial Services Ltd, located at Japaul House, Plot 8, Dr. Nurudeen Olowopopo Avenue, Ikeja CBD, Lagos.
The app currently has over 50 million+ downloads. You can use it to borrow between ₦6,000 and ₦1,000,000, send money, pay bills, and even invest with up to 23% annual interest.
Requirements to Create a Branch Account
Before you create an account, make sure you have the following ready:
- A smartphone with internet access.
- A valid Nigerian phone number.
- Your Bank Verification Number (BVN).
- A personal bank account (for receiving and repaying loans).
- Basic details like full name, date of birth, and email.
No paperwork or guarantor is required. Branch uses your phone data (SMS, contacts, app usage) to assess your credit score and confirm your identity.
How to Create an Account on the Branch App (Step-by-Step)
Follow these simple steps to sign up successfully:
Step 1:
Download the Branch app from the Google Play Store or Apple Store. Search for “Branch: Loan & Online Banking.”
Step 2:
Open the app and tap “Create Account”.
Step 3:
Enter your mobile phone number (must be active and registered in Nigeria).
Step 4:
You’ll receive an OTP (One-Time Password) via SMS—enter it to verify your phone number.
If the OTP doesn’t come, choose “Retry with Dial Code” to verify using USSD (*347*79#)—this confirms your phone number directly with Branch.
Step 5:
Fill in your personal details: full name, email, and date of birth.
Step 6:
Enter your BVN and bank account details (for verification and disbursement).
Step 7:
Grant the app necessary permissions (SMS, call logs, contacts). This helps Branch confirm your identity and determine your loan eligibility.
Step 8:
Once verified, your Branch Wallet will be created automatically. You can now apply for loans, send money, or start saving/investing.
What You Can Do with Branch App
After account setup, you can instantly access all these services:
- Instant Loans: Borrow ₦6,000 – ₦1,000,000 (no collateral).
- Bank Transfers: Send money to any Nigerian bank (the first 2 transfers monthly are free).
- Bill Payments: Pay airtime, data, electricity, TV, exams, and internet bills.
- Cashback: Get 2% cashback for every bill you pay through the app.
- Investments: Earn up to 23% annual returns on fixed investments or 10% on Flexi savings.
- Loan Management: Repay, extend, or top up your loan easily.
- Rewards: Earn bonuses and cashback through referral and bill-payment activities.
Common Issues and Fixes
• OTP Not Received:
Wait 1–2 minutes or tap Resend OTP. If still not received, choose Verify with Dial Code.
• Account Verification Failed:
Ensure your BVN and phone number match your bank details.
• App Not Opening or Freezing:
Update to the latest version.
• Loan Not Showing After Signup:
New users may need 24–48 hours for Branch to complete credit scoring before first loan offers appear.
FAQs
Q1. Can I create a branch account without BVN?
No. BVN is required for identity verification and to receive money.
Q2. How long does it take to get a loan after creating an account?
Usually within minutes after your credit profile is reviewed.
Q3. Does Branch charge any registration fee?
No. Creating an account is free.
Q4. Can I have more than one branch account?
No. Each user is allowed one account per BVN and phone number.
Q5. Is the Branch app safe to use?
Yes. It’s licensed by the CBN and uses encrypted security to protect user data.
Conclusion
Branch App has proven to be one of the most reliable finance apps in Nigeria, providing fast access to loans, savings, and investments with no hidden charges or paperwork. Creating an account is simple and takes less than five minutes.
Once verified, you can borrow money, send funds, or earn on investments directly from your phone, all under a licensed and secure platform.
