KenCash Loan App, Application Download, Paybill Number, Repayment, Interest Rate, Terms, Customer Care Contacts
KenCash Loan Application
KenCash loan application givens loans between Ksh 10,000 and Ksh 100,000 with an interest rate ranging from 12% to 18% APR. The aggregate loan return period is 91 to 180 days depending on your loan qualification.
The loan application procedure Is relatively easy; you only need to download the application from Play Store, sign up using your mobile number and select the loan limit of your choice. Note: the loan limit is tabulated based on the data available on your smartphone.
Also, KenCash may require the following permissions from your mobile application before a successful signing up process:
- User personal information
- SMS notification permissions
- Phone permissions
- Previously installed applications
- Your location
- Your contacts
- Other third-party accounts
- Storage permissions
- Camera permissions
- Calendar permissions
KenCash Loan App Download
KenCash loan app is available on Google Play as KenCash. Open Google Play Store on your smartphone and search KenCash. Click the install button and follow the simple user prompt installation instructions.
Alternatively, you can click https://play.google.com/store/apps/details?id=com.knya.kencash&hl=en&gl=ke to download and install the application directly from the play store.
KenCash loans can be repaid via online mode through their KenCash application. You will receive an SMS notification bearing the information on the loan repayment dates. You can repay your KenCash loan before the said time, and also, you can also pay via installments and make sure before the due date you have already cleared your loan.
However, you cannot reschedule the due repayment. Failing to repay the loan on time will result in a 1% penalty fee for 17 days, and afterward, your loan will be listed as a defaulted loan, and various penalty punishments will follow thereby.
The annualized interest rate by KenCash is 24% to 36%, depending on your qualification. KenCash charges a processing fee of 15% to 25%, also depending on your application qualification. The amount charged is used to facilitate various loan applications, disbursement, and processing activities.