Okash is a mobile loan app that provides quick and convenient access to personal loans in Kenya. The app is owned by Opera Group, a Norwegian company that specializes in internet browsers and AI-driven content discovery.
To apply for a loan on Okash, you need to download the app from the Google Play Store, create an account, and provide some personal and financial information. Once you are approved, you can access loans ranging from Ksh 500 to Ksh 70,000 with repayment periods of up to 14 days.
The app uses an AI-driven credit scoring system to determine your creditworthiness, and it claims to offer loans with competitive interest rates and flexible repayment terms. However, it is important to note that Okash, like any other loan app, charges interest rates and fees, so you should read the terms and conditions carefully before applying for a loan.
If you are unable to repay your loan on time, Okash may charge late fees and report your delinquency to credit bureaus, which could negatively impact your credit score. Therefore, it is important to borrow only what you can afford to repay and to use the loan for its intended purpose.
Okash Loan App is one of the Trending Smart Emergency Mobile Loan Apps in Kenya that gives out instant Quick Loans to Kenyans via Mpesa.
The lender provides Personal loans starting from a Minimum of kshs. 1,500 UpTo a Maximum of kshs. 60,000 having an interest rate of 36.5% plus an adorable payment period of 91 Days Long.
Okash Loan Ussd Code
Okash does not offer a USSD code for loan applications or loan balance inquiries. To apply for a loan or check your loan balance, you need to download the Okash app from the Google Play Store and create an account.
Once you have the app installed on your mobile device, you can access all the features and services available on Okash, including loan applications, loan balances, and repayments.
Okash Loan Via Sms
Okash does not offer loan applications or loan services via SMS. To apply for a loan or access your loan account, you need to download the Okash app from the Google Play Store and create an account.
Once you have the app installed on your mobile device, you can access all the features and services available on Okash, including loan applications, loan balances, and repayments.
Okash Loan Eligibility Requirement:
To be eligible for a loan on Okash, you need to meet the following requirements:
- You must be a Kenyan citizen or resident with a valid national ID card or passport.
- You must have a valid mobile phone number and a registered mobile money account, such as M-Pesa, Airtel Money, or T-Kash.
- You must be at least 18 years old.
- You must have a reliable source of income, such as employment, business, or freelance work.
- You must have a good credit history, which Okash determines using its AI-driven credit scoring system.
It is important to note that meeting these requirements does not guarantee approval for a loan, as Okash also considers other factors, such as the loan amount requested and the borrower’s repayment history.
How To Check Okash Loan Balance
To check your Okash loan balance, follow these steps:
- Open the Okash app on your mobile device.
- Log in to your account using your mobile phone number and PIN.
- On the app dashboard, you will see your current loan balance and the repayment due date.
- If you want more detailed information about your loan, you can click on “Loan Details” or “Repayment Schedule” to view your repayment history and remaining balance.
If you have any issues or questions about your loan balance or repayment, you can contact Okash customer service through the app or via email at help@o-kash.com for assistance.
Okash Loan Interest Rate
The interest rate for loans on Okash can vary depending on the loan amount and repayment period. However, the app typically charges a monthly interest rate of between 5% and 14%, which translates to an annual percentage rate (APR) of between 60% and 168%.
It is important to note that Okash, like any other loan app, charges interest rates and fees, so you should read the terms and conditions carefully before applying for a loan.
Additionally, if you are unable to repay your loan on time, Okash may charge late fees and report your delinquency to credit bureaus, which could negatively impact your credit score.
Therefore, it is important to borrow only what you can afford to repay and to use the loan for its intended purpose. If you are unsure about the interest rate or any other aspect of the loan, you can contact Okash customer service for more information.
Disbursement Details:
- Institution Type: Digital Credit
- Application Method: App-Based
- Disbursement Method: M-Pesa
Repayment Details:
- Repayment Frequency: Bullet
- Early Repayment: Allowed
- Repayment Method: M-Pesa
Is Okash Loan App still giving Loans to Kenyans?
Okash is Still giving Loans up to a Maximum limit of kshs. 60,000 but as of this moment, Users can’t access loan Features because Opay has Removed them.
And also in Playstore, they have removed their description as part of the feature it Offer.
Maybe there is some Changes coming shortly, we need to wait.
How can I Borrow Money from Okash?
Borrowing Money is easy, All you need is to download the app from the play store, Create an account and then start applying for a Loan.
Okash Customer Care Number
Telephone number:
Need to contact Okash, call their telephone number 020 765 99 88 to get assistance through your phone.
Social media:
Now a day, social media plays a great role in offering customer support. Okash has made it easy for you to contact their support using social media. You can reach out to them through their Twitter account using the handle @okash_kenya.
Email address:
Another way you can get in touch with the customer care team at Okash is through email. Have issues or complaints, email Okash support using help@o-kash.com
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