Imokash loan application will grant you a money in Nigeria without any collateral or paperwork. There is no need to go to any place, and with your smartphone you’re ready to go.
Imokash can provide you with a loans up to $200,000 at a time. The loan process is quick, in just one hour after submitting your application, you will get your credit card charged.
The requirements to get a loan from Imokash
Before you can apply for a an imokash loan, there is certain requirements you must be able to meet, which include
Have a good credit score
Have a bank account and bvn
Are you able to earn a living?
Have a minimum of I8 years old and younger than 55 years old
A smart phone that allows you to download the application
How can I get a the loan from Imokash
To get a loan from imokash, visit the Google Play Store and download the loan app from imokash.
Start it, and then sign in with your name, Bvn and other information
It is possible that you will be asked to tie your ATM card, which could result in a the fee of $30, so do it and then proceed
After registration after the registration, you will be logged in to your dashboard
In your dashboard, locate and click the loan
There is a list of the how much loan you can qualify for
Accept this loan offer and hold off until you receive your loan
What amount can you get from the imokash loan app
Through the imokash loan application it is possible to get up to $200,000 at one start. However, if you are a first-time borrower the loan amount won’t exceed this amount but it could exceed #50,000, but as you continue to use the loans and pay them back when due, the amount you can get will increase.
Imokash loan rate of interest and repayment time
The interest rate is 15 percent per year and 1.25 percent per day, based on the amount they obtained. The period of repayment is 7 days and 90 days. depending upon the size of the loan.
For a first-time user the interest rate you pay will be high and the time to pay will be shorter. As you continue taking loans from this app, this will get better.
Paying for black money with your imokash app
To repay your loan make sure to go to your dashboard
Click on loan. There you will find a variety of options to pay back the loan
Click on one , and then pay
After you have made your payment, it will show up on your dashboard
If not work, you should get in touch with them.
What happens in the event that I fail or refusing to pay
If you default , you’ll be penalized with an increases in interest rates that the possibility of as high as 2%. should you choose not to pay at all, your name, your bvn, and other information will be referred to the credit bureau for black listing. They may also send a an obscene message to your contacts.
Are imokash loans legitimate?
Yes, the imokash loan is genuine and they can provide the loan in Nigeria However, they do not licensed by CBN nor insured by NDIC. Therefore, be cautious when you take a loans from them.
Our opinion on Imokash loan
Imokash allows you to get up to $200,000 in loans. They have a good reviews on Play Store and it shows that they are knowledgeable about the way to do business.
Another advantage of this app for loans is that you don’t have to pay a processing fee.
But they do not have the license by CBN therefore be cautious when you take a loan from them.
Hours: Monday to Friday: 09.00 – 18.00Office
Address: ZONE 5, DALABA ST, , WUSE, FCTWebsite : https://www.imokash.ng
Here is the procedure to get loans from Imokash and as you observe they offer loans, however I would advise you to only take loans that you know you will be able to repay to avoid having I’ve seen.