by Imokash loan app will give you you loan in Nigeria without collateral or paper work. You don’t need to visit any location, with your smart phone you are good to go.
Imokash will give you loan of up to #200,000 at a go. Their loan processing is very fast, within 1 hour of submitting application your account will be credited.
Requirement to obtain loan from imokash
Before you can obtain loan form imokash their are some requirement you need to meet up with which are
Have good credit score
Have bank account and bvn
Have source of income
Be above I8 years of age and below 55 years of age
Have smart phone with which to download the app
How to obtain loan from imokash
To obtain loan from imokash, head over to play store and download the imokash loan app
Launch it and register with your name, bvn and other details
You might be ask to bind your ATM card which will attract #30 fee, do so and proceed
After the registration, you will be login to your dashboard
On your dashboard locate and click loan
There you will see amount of loan you are elgible to obtain
Take this loan offer and wait for disbursement
How much you can obtain from imokash loan app
With imokash loan app, you can obtain up to #200,000 at a go. But as a first timer your loan amount will not be up to this, it might not be more then #50,000 but as you continue to take loan and pay back on time the amount of loan you can obtain will increase.
Imokash loan interest rate and repayment period
Their interest is 15% per year and 1.25% per day depending on the amount of loan obtain. The repayment period is between 7 days to 90 days also depend on the amount of loan secure.
As a first timer, your interest rate will be high and your repayment period will be short. As you continue to take loan from this app this will improve.
Paying black your imokash loan app
To pay back your loan app, head over to your dashboard
Locate and click on loan, there you will see different option to pay back your loan
Click on one and make payment
Once you make payment it will reflect on your dashboard
If it does not, you should contact them
What will happen if I default or refuse to pay back
If you default you will be punish with increase in interest rate with might be up to 2% and if you decide not to pay back at all; your name, bvn and other details will be forwarded to credit bureau for black listing. Also they might send provocative message to your contacts
Is imokash loan legit
Yes, imokash loan is legit, they will give you loan in Nigeria, but they are not license by CBN nor insure by NDIC. So exercise caution when taken loan from them.
Our verdict on Imokash loan
With imokash, you can obtain up to #200,000 loan. They have good review on play store, which shows that they know what they are doing.
Another good thing about this loan app is that you don’t need to pay processing fee.
But they are not license by CBN so take caution when taking loan from them
Contacts
Phone: 08139042257
E-mail : [email protected]
Hours: Monday to Friday: 09.00 – 18.00Office
Address: ZONE 5, DALABA ST, , WUSE, FCTWebsite : https://www.imokash.ng
Conclusion
Above is how to obtain loan from imokash, as you can see they do give out loan but I will advice you to take loan that you know you can pay back to avoid had I know.
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