Inuka Loan App is a mobile loan app that offers quick and easy access to online cash funds for Kenyan citizens.
With a credit limit of up to Kshs 70,000, the app provides users with safe, convenient, and secure cash loans that can be used for various purposes.
Why Install INUKA Loan App?
The Inuka Loan App provides access to several benefits, making it an attractive option for Kenyan citizens looking for quick and easy access to online cash funds.
Some of the benefits of the app include:
Lenders with Fast Loan Processing
Inuka Loan App offers lenders who provide fast loan processing, allowing you to receive instant deposits to your mobile account.
Easy Application Process
The application process for Inuka Loan App is entirely online, meaning you don’t need to worry about any paperwork. The app offers a hassle-free application process that takes only a few minutes to complete.
Flexible Repayment Options
Inuka Loan App provides flexible repayment options, including options to extend your repayment period. You can repay your loan via M-Pesa, and if you wish, you can repay your loan before the due date or in installments of any amount.
Any excess payments will be automatically applied to your future loan requests.
No Credit History Required
One of the significant advantages of Inuka Loan App is that you don’t need a credit history to qualify for a loan. Even if you have a poor credit history, you can still apply for a loan and get approved.
Efficient Application Review
Inuka Loan App offers an efficient application review process, ensuring that your loan application is reviewed quickly and efficiently.
Loan Information
Like most loan lender apps, Inuka Loan App provides information on interest rates, repayment period, loan limits, eligibility, and application process and repayment options available. Here’s a summary of some of the key information you need to know about Inuka Loan App.
Loan Limits
The minimum loan amount you can request is Ksh. 1000, while the maximum loan amount is Ksh. 50,000.
Loan Term
The minimum loan term is 91 days, while the maximum loan term is 365 days.
Annual Percentage Rate (APR)
The maximum annual percentage rate (APR) is 24%.
Service Fee
The service fee charged for Inuka Loan App ranges from Ksh. 80 to Ksh. 130.
Eligibility
To be eligible for a loan with Inuka Loan App, you need to be at least 18 years old or above.
Representative Example
If you borrow Ksh. 2000, the total interest charged will be Ksh. 520 (2000 * 26%). The processing fee of Ksh. 91 will be deducted from the loan provided, making the total repayment amount Ksh. 2,429.
Repayment
Inuka Loan App offers a variety of repayment options, including via M-Pesa or our paybill number. To repay your loan, provide the phone number you registered with as the account.
Loan repayments are applied instantly, and you can repay your loan before the due date or in installments of any amount.
Any excess payments will be automatically applied to your future loan requests. Once you settle the current loan, you can request another loan immediately.
Contact Information
If you have any questions about Inuka Loan App, you can reach out to the support team via email at support@inukaloans.info or on Facebook at @inukaloan_ke.
Conclusion
Inuka Loan App is an excellent option for Kenyan citizens who need quick and easy access to online cash loans. With fast loan processing, an easy application process, flexible repayment options, and no credit history required, the app provides a convenient and hassle-free way to access cash loans.
It’s essential to note that while Inuka Loan App provides easy access to loans, it’s still essential to borrow responsibly and only take out loans that you can afford to repay. Ensure that you read and understand the terms and conditions of the loan before accepting it.