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Okash Loans App , How to Download and Loan Appliction How do I register my OKash loan? Review , Legit or Scam

Okash Loans App , How to Download and Loan Appliction How do I register my OKash loan? Review , Legit or Scam


In this post you am answering these questions ( Is OKash still giving loans? , How do I register my OKash loan? ,How long does it take to get OKash loan?, Is Okash registered with CBN?
How do I pay back my Okash loan?,  last question is OKash  scam or Legit ) 

About Okash App

The Okash Loan App is a new addition to Kenya's growing list of instant mobile loan apps. Opera software created the app to capitalize on the booming money lending market.

 the application set a goal of delivering loans to at least 100,000 Kenyans. Okash is one of Kenya's most popular mobile lending apps at the moment.

At the time, only the Android version of the app is available. However, there are plans in the works to make the app available for iOS and USSD. To strengthen information security, the most recent version of this app includes a face recognition capability.
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This post will walk you through the steps to take in order to submit a successful loan application on Okash Loan App.  

Is OKash still giving loans 

Yes in kenya you can get loan from Okash but in nigeria the answer is No ,The Nigerian Federal Government has exercised its authority to investigate and prosecute some loan apps that have infringed client privacy. Okash, GoCash, EasyCredit, KashKash, Easy Moni, Speedy Choice, and Sokoloan are the apps in question.
Digital Loans have recently acquired popularity as a result of their ease of use in providing financial short-term loans.
However, the apps are losing appeal since they have been accused of a variety of vices, including flagrant data breaches, harassment, and high-interest loans. The Nigerian government is the first to take action against apps that violate customers' personal data. 

How do I register my OKash loan

.To register for the Okash loan app, you must first download it and then create an account.

It's important to understand that only people aged 20 to 55 are eligible for the loan.
At the time, only the Android version of the app is available.
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However, there are plans in the works to make the app available for iOS and USSD. 

How long does it take to get OKash loan 

Okash is Opay's automated lending solution aimed at providing loans to Nigerians who are financially underserved or excluded.

Within 15 seconds, a loan decision is made, and if accepted, the applicant obtains funds within 5 minutes. 7 days a week, 24 hours a day. The loans are made available through an Android app, and lending decisions are made virtually quickly. For new borrowers, the standard amount is N10,000.
Moneylender loans are intended to be short-term loans to help you get through till your next payment. It is ideal for anyone looking for an unsecured personal consumer loan, including students and those who are unable to obtain traditional bank loans due to poor credit histories. 


.Is Okash registered with CBN?

Blue Ridge Microfinance Bank Limited is a CBN-approved enterprise that provides short-term loans to micro-entrepreneurs and low-income earners through our app OKASH.
Okash is BlueRidge's automated lending solution aimed at helping financially underserved people get credit. 

Below is the procedure for downloading the app. 

  • Go to the google play store. for the Okash loan app download
  • Type “Okash” in the search box
  • Once the app pops up, click the ‘Install’ button. 
To use the app's services, you'll need to register an account after it's been installed. The steps for creating a user account are outlined below. 

  • Open the app on your phone or tablet.
  • To sign up, go to the sign-up page and click the sign-up button.
  • Fill in the blanks (This includes your name, Mpesa number, legal referee name, and mobile number, your employment and marital status, as well as Date and year of birth)
  • Double-check your phone number.
  • The account is currently active. 

.The app analyzes your information after your account is live to establish your loan limit. Your credit score is determined by your previous borrowing history.

Okash offers loans up to Ksh 500,000, which are disbursed quickly after an application is submitted. These loans have a 5% interest rate and can be returned in as little as 14 days.
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The following is a step-by-step guide to applying for a loan with Okash Loan App.  

Obtaining a loan from Okash 

  • Open the Okash app on your phone or tablet.
  • Make sure you're logged in to your account.
  • Verify the displayed loan limit.
  • Decide how much you wish to borrow (This should be less or equal to your loan limit)
  • Choose the loan's length of time. (This should not exceed the maximum period of 14 days.)
  • Apply 
The loan will be sent to the Mpesa number you provided. To avoid a bad credit record from the CRB, you must repay the loan on schedule. In addition, borrowing and repaying on a regular basis raises your loan limit, allowing you to borrow larger amounts through the app.

Your Mpesa account is used to repay the loans. When it comes to repaying the loan, follow the steps outlined below. 

Repaying a loan from Okash 

  • Open the Okash app on your phone or tablet.
  • Make sure you're logged in to your account.
  • Choose "Make a repayment" from the drop-down menu (The app will automatically redirect you to the Mpesa menu.)
  • Fill up the needed information (Including your Mpesa pin)
  • Repay 
Mpesa and Okash will send you a notification message once the transaction is complete, indicating that the loan has been repaid.

When using the Okash loan app, you now have the essential steps. This means you may use the app to obtain an immediate loan whenever you need one. 


.Okash app contacts Details  

Do you require Okash contacts, as you indicated, because Okash is an Opera Software mobile lending app? If you're having trouble with your app, you may contact the Okash support staff by email at [email protected] 

is OKash  scam or Legit 

Okash is Legit but you should be Aware of interest rate when you install the  Okash App , here download App 


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2 Comments

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