If you want to get an instant loan without complicated procedures, you can try the KoboGo Loan APK application. This is an Android application for Indian users to apply for loans and get loans instantly. Also, it provides a simple and easy way to apply for a loan.
In this article, we will comprehensively cover various aspects of the application. Here's how to know if it's real or not. We will also discuss whether it is safe to apply for funding through the app. Finally, you can get the package file and install it on your phone.
Overview
KoboGo Loan APK is a loan application in India. It is available for Android smartphones and tablets where users can enter their details and submit a loan application. Once the owners check the details of the applicants and find them eligible, they transfer the money to their bank accounts.
There are two main sources of receiving funds from the app, including banks and e-wallets. So you can use any of your e-wallets or bank accounts and then get money through the app. Later, you can withdraw money from any nearby bank branch or withdrawal partner.
To get a loan, you need a BVN.
General information about the service:
- The minimum term to avail of credit: is 65 days.
- Maximum credit utilization period: 90 days.
- Low annual interest rate: 3.711%.
- Maximum annual interest rate: 438%.
- Minimum age for credit: 18 years.
Example of Interest Calculation:
- Third Loan, 1.2% interest rate per day:
- 10,000 NGN for 65 days and the amount payable is 17,800 NGN.
- 10,000 NGN principal loan + 7,800 NGN interest.
Payment
To pay your balance, log into the KoboGo Loan and follow the instructions. Pay off your loan before the due date to improve your credit score and get access to higher loan amounts, longer terms, and lower interest rates on the Loan App.
Privacy and Permissions
Please read our Privacy Policy carefully to get a clear understanding of how we collect, use, protect, or manage your personal information as part of our website and applications. We take data security seriously - all data you share with us is encrypted and your personal information is never passed without your consent.
Conclusion
This review must have fulfilled all your queries about KoboGo Loan Apk, now download this amazing app for Android & PC and enjoy it. Apkresult is a safe source to download APK files and has almost all apps from all genres and categories.
