How much can you borrow from Okash?

What is OKash loan percentage?

Interest Rate: With a minimum of 0.1% up to 1% Our interest rate is calculated on a daily basis. Annual Percentage Rate(APR) from 36.5% to 360%. Origination Fee: Range from NGN 1,229 – NGN 6,000 for a one-time charge.

How much is OKash interest rate?

Opay Loan (Okash Loan) Interest Rate

The daily interest rate is between 0.1% to 1%, while the annual interest rate is between 36.5% and 360%. Apart from this, you will have to pay an origination fee with your loan ranging from N1299 to N6000.

What is the limit loan?

A Limit is the maximum loan amount an individual or an organization can borrow from the bank. This is determined by the bank utilizing the debt to income ratio of the customer and it stands fixed. The customer can avail of the loan in the limit offered and can never go beyond the limit.

Is Okash loan real or fake?

Okash is Opay’s automated lending service focused on increasing access to credit to financially under-served/excluded individuals in Nigeria. Loan decisions are provided within 15 seconds and if approved, the applicant receives funds within 5 minutes. 24 hours a day, 7 days a week.

How do I repay my Okash loan?

How to Repay Okash Loans

  1. Open the Okash app on your mobile device.
  2. Then, login into your account.
  3. Click on the “Make a repayment” option.
  4. Fill in the required details.
  5. Double-Check for Accuracy and attached details.
  6. Then, select the “repay” button.
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Is FairMoney loan legit?

It is fast, reliable, secure, and most of all, free! It’s an android mobile banking app that makes getting loans and paying bills very fast and easy.

Is FairMoney registered with CBN?

FairMoney, the quick loan app, now licensed and regulated by the Central Bank of Nigeria (CBN) as FairMoney MicroFinance Bank (FairMoney), has expanded its offering to include investment instruments.

How do I check my balance on my OKash loan?

How To Check Okash Loan Balance

  1. Tap on the menu icon located at the top left.
  2. Select ‘Loan History’
  3. The next screen will display your entire loan history with the most current one indicated as Active.
  4. Click on Active loan to get additional details regarding installment amounts and due dates. Share this: