LOTUS Bank
A Nigerian non-interest bank that offers ethical personal and business financing plus digital banking via web, mobile app, USSD (*5045#), and WhatsApp.
LOTUS Bank Product Overview
Is LOTUS Bank Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- Nigerian individuals
- Nigerian businesses
What It Does Well
- Non-interest financing
- Mobile banking app
Things to Check
- Financing eligibility rules
- Repayment terms
About LOTUS Bank
LOTUS Bank is a licensed Nigerian non-interest (ethical) bank that serves individuals and businesses with digital banking and financing services.
Key capabilities include:
- Non-interest financing solutions for personal financing and business support, positioned around ethical and flexible funding options
- Online banking for account access and management through the bank’s website
- Mobile banking with real-time account access via the mobile app
- Alternative digital channels including USSD banking on *5045# and WhatsApp banking
Available on Web, Android, and iOS.
It primarily targets B2C banking customers in Nigeria, with support for business financing and banking needs.
Notable in the Nigerian market context, it is licensed by the Central Bank of Nigeria, and it is cited as the third non-interest bank established in Nigeria and the first to start operations from the southern part of the country, with headquarters in Lagos.
LOTUS Bank Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. Learn moreAs of Sep 28, 2026, LOTUS Bank is rated 2.8 on the App Store from 38 reviews and 3.6 on Google Play from 1.4K reviews with 500K+ installs.
Recent Reviews for LOTUS Bank
Reviews reflect each reviewer's opinion. Companies cannot pay to alter or remove reviews. A verified review includes proof that Liners checked to an extent. Learn how reviews workNo reviews yet. Be the first to review this product.
Latest LOTUS Bank News & Updates
Liners collects product news from official company updates and trusted publications. We refresh coverage as new articles are published. Learn moreFrequently Asked Questions About LOTUS Bank
LOTUS Bank is a Nigerian non-interest bank that offers ethical banking, personal and business financing, and digital banking through its website, mobile app, USSD, and WhatsApp. You can use it to open and manage accounts, transact, and access banking services online.
LOTUS Bank operates in Nigeria.
You can sign up through the LOTUS mobile app, where you download the app, enter your details, and complete account opening. For some services, such as the eNaira wallet, sign-up may also involve joining a waitlist and using an invitation code.
Yes, LOTUS Bank has a mobile app for Android and iOS.
LOTUS Bank is best suited for individuals and businesses in Nigeria that want non-interest, ethical banking and digital access to banking services.
Is LOTUS Bank Your Product?
Claim this listing to keep its information fresh and reply to reviews.
Breet — Crypto & Stablecoins Payment API for African Businesses 
Promptmonitor
Promptmonitor — Track, measure, and improve how AI recommends your brand.