Quick Summary
Apply for RNPL to split annual rent into monthly instalments. Keyda pays the landlord upfront and you repay the service fee over time.
What You'll Learn
- ✓ Eligibility for RNPL
- ✓ Steps to complete the application
- ✓ What documents and timelines are required
Before You Start
- Your rent amount and preferred payment schedule
- A verified profile with BVN or NIN
- A scanned copy of your proposed lease
Step-by-step Guide
- Open the RNPL section on Keyda.
- Choose the property you want to finance.
- Review the service fee and repayment schedule.
- Submit your application and wait for approval.
RNPL eligibility tips
- Keep your profile verified.
- Use a rental budget within the platform's recommended range.
- Provide accurate employment or income details if asked.
Common Questions
Q: Is RNPL a loan? A: No. It is a rent facilitation product with a transparent service fee, not bank interest.
Q: When does repayment start? A: Usually after your lease starts, on a schedule agreed during checkout.
Troubleshooting
Problem: RNPL application declined. Solution: Check your profile verification, lease details, and ensure the rent amount fits within the eligible range.
Related Guides
This guide is provided by Keyda for general platform guidance. For account-specific support, contact the Keyda support team.
The guidance in this article is not a substitute for legal or financial advice. Always verify the details in your Keyda dashboard before taking action.