KashKash is a Nigerian financial provider issuer that gives humans flexible quick-term loans for non-public and enterprise use. This submit will enlighten you on how to get a mortgage from KashKash, a way to pay off, how to calculate the loan hobby rate, and lots more.
KashKash offers eligible loan applicants the ability to gain as much as ₦200,000. The app has a smooth interface and it’s clean to navigate. Also, you may obtain the money in your bank account shortly after your mortgage software is accredited.
KashKash Loan Service necessities
Just like other on the spot loan offerings in Nigeria, KashKash has its requirements.
If you don’t meet the requirements, your utility will no longer be accepted after being reviewed. The necessities are highlighted underneath.
You should be a resident of Nigeria
You should be inside the age of 20 to fifty five
An Android tool
A dependable month-to-month source of earnings
You will want a telephone quantity
The financial institution account number with which you’ll get hold of the quantity acquired
Your Bank Verification Number (BVN)
If you’ve got the necessities above, begin the application manner by getting the legit KashKash application.
How to download the KashKash app
To use KashKash mortgage services, you have to download and set up the app. You can get it from the Google Play Store.
How to get a mortgage from KashKash
After downloading and installing the KashKash app, observe the stairs under to attain your mortgage.
Launch the app and await it to load
Register with your cellphone variety, or different alternatives available
A One Time Password (OTP) could be despatched on your telephone wide variety. Input the code and continue to the next web page
Input your info and additionally provide facts approximately your employment
Confirm if all info are efficiently crammed in and submit
You will be directed to another page; your dashboard. From your dashboard, you may reveal your mortgage utility status and reimbursement details. Apply for a KashKash loan by using:
Navigating to the mortgage software segment for your dashboard
Choosing a loan quantity. You can gain a minimum mortgage quantity of ₦three,000 and a most of ₦two hundred,000 from the KashKash mortgage carrier
Enter the financial institution details and fill out the opposite forms efficaciously
Cross-take a look at your software for mistakes and post
Your utility can be reviewed by using the KashKash loan control. If it’s miles accepted, you may receive the loan quantity on your financial institution account.
How a great deal mortgage are you able to get from KashKash?
If you meet all the requirements, you are allowed to reap as much as ₦200,000 on the KashKash app. Kindly observe that the lowest amount you can get from KashKash credit carrier is ₦three,000.
KashKash loan tenor
The KashKash loan service additionally offers its users with long-term repayment options.
After acquiring your mortgage at the KashKash app, you can repay inside three months (ninety one days) to twelve months (three hundred and sixty five days).
Interest rate and loan origination fee
The KashKash credit score carrier prices an origination on every occasion you need to obtain a mortgage.
The origination rate stages between ₦1,174 to ₦6,000 for a one-time charge. The Annual Percentage Rate (APR) is between 36.5% to three hundred%.
For instance, if to procure ₦three,000 from KashKash and pick the three-month repayment term, an origination charge of 39% (₦1,174) can be incurred. The interest fee is two.7%.
The general amount due can be ₦3,000 + ₦1,174 + ₦81. That approach you’ll repay a complete quantity of ₦4,255 inside 3 months.
Repayment of mortgage
You should repay your loan at the due date and also complete some responsibilities at the app. This will increase your mortgage restriction, build your credit score limit and also reduce the interest rate for the next time you want to reap a loan.
To pay off your loan, visit your dashboard on the KashKash app and find the compensation segment. Select a repayment alternative, fill in necessary information and complete the compensation technique.
Kashkash Head Office
KashKash has a head workplace in Nigeria. From this workplace, they keep the KashKash mortgage provider and additionally attend to consumer problems.
Their head workplace is positioned at Room 301, Jopebi road No. Sixty two, Ikeja, Lagos, Nigeria.
Kashkash consumer care and electronic mail address
For questions and proceedings, you can continually attain out to KashKash mortgage service. They have customer support executives with a purpose to attend to you.