How to Get OKash Instant Loan in Nigeria without Collateral & Paper Work from ₦3,000 – ₦500,000.
OKash is a great place to get a loan from ₦3,000 quickly – ₦500,000 in less than 24h. A lot can happen in our lives. It could be health, rent, school fees, or business expansion.
Many successful billionaires take loans to grow their businesses. Statistically, sme loans have helped build millions of small businesses worldwide and improve the lives of millions of People today.
Also See: FairMoney Instant Loan
OKash Instant Loan Requirement
Below are the requirements to get OKash Instant Loan:
- Full Name
- Phone Number
- House address
- Bank account (To receive your loan funds)
- Above 18 years of age
- Nigeria by birth
How to Apply for the OKash Loan
You are eligible for the OKash Loan if you have read the requirement. You can begin your application to get credited in less than 24hrs.
OKash Instant loan interest rate
This is a very important note before getting any loan, including Okash.
The OKash loan service charges an interest rate of 9.1% every three months. Here is an example for a better understanding of the breakdown.
If you borrow ₦3,000 on the OKash mobile app and you set your repayment term to be three months, the:
- The interest rate will be 9.1%
- The interest amount will be ₦273
- The total amount to be repaid will be ₦3,237