Dotpay Loan App Review | How to Apply for a Loan at Dotpay Mobile App

Dotpay Loan App

Dotpay Loan App Review

Dotpay Loan

Do you wish to get a loan in Nigeria? Scouting for a good loan app to borrow money from in Nigeria? Then, Dotpay could be the answer just for you. With Dotpay, you can get up to N5,000,000 (five million naira loan) with a good payback plan.

In this article, we have reviewed the Dotpay Loan app. Want to find out more about Dotpay? Then read till the end of the article.

Is Dotpay a Loan Company?

Wondering where you can access quick loans in Nigeria? Dotpay is one of the registered and approved loan companies in Nigeria. Are you looking for a good company where you can get a good loan with low interest? Then Dotpay could be your perfect choice.

Is Dotpay Giving Out Loans?

At the moment, Dotpay is giving out loans to all their registered customers. To access the Dotpay loan plan, you may be required to register or create an account with the loan company.

How Can I Apply for Loan at Dotpay?

To apply for a loan at Dotpay, you will have to follow the steps below:

  • Visit Google Play Store to download the company loan app. You can also get a direct download link from the company’s official website.
  • Once downloaded, create an account on the mobile app.
  • Fund your account with a minimum of N5,000. This is to enable Dotpay to issue you the opportunity to grab a loan from them. It is actually a criterion.
  • On the app, apply for a loan.
  • Fill in the required information
  • Submit for review.
  • After reviewing your application, Dotpay will decide if your application meets its requirements.


Requirements for Dotpay Loan Application

  • Be at least 18 years of age
  • A valid BVN
  • A personal email account
  • A personal bank account
  • A Debit Card with at least 3 months of Validity


👉 See other loan requirements here.

How much can I borrow on Dotpay for the first time?

Dotpay offers a loan of about N3,000,000 (three million naira) held by the borrower for a period not less than 2 years. Your first loan from Dotpay app would be a maximum of N5,000 five thousand naira. If you can build up a good lending and payback relationship history with Dotpay, you will be qualified for higher loans eventually.

Can I borrow 500,000 in Dotpay?

At the initial stage of your customer-hood with Dotpay, you will only be allowed to borrow from N1,500 to N500,000 with a duration of about 60 days. The interest percentage rate is usually 10% to 30% depending on the customer’s preferred loan package.

What will happen if I don’t pay my Dotpay loan?

If you don’t make your repayment by the due date, Dotpay may charge late penalties, suspend your loan account, report you to the national credit agency, and possibly permanently bar you from borrowing from other reputable lending organizations.

Is my BVN safe with Dotpay?

Yes, your BVN (Bank Verification Number) is 100% safe with Dotpay. During loan request, Dotpay will demand for your BVN for verification and loan processing. Dotpay will not and cannot withdraw your money from your bank account using your BVN.

👉 See How to Get Loan without BVN

Dotpay can only blacklist your BVN under the CBN watch and this only occurs after you have breached the contract of paying back the already acquired loan.

How do I remove my BVN from Dotpay?

To remove your BVN and other information from the Dotpay database, all you have to do is to write a request to Dotpay via, asking them to delete your information from their website or database.


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