Introduction
Kashbean loan app is a product of Pesa loan developers. Kashbean loan app offers instant personal loans ranging between KSH. 500 and KSH. 80,000. Kasbean loans are processed instantly and disbursed within 3 minutes after being approved.
Kashbean is a genuine and reliable mobile lending app that anyone can try out when in need of an instant loan.
In this article, I will reveal to you how you can borrow a loan from Kashbean, how to repay the loan, Kashbean paybill number, and how to contact Kashbean customer care to raise your queries and negotiate for an increase in your loan repayment period.
Read also: Everything you need to know about TiFi Slice Loan app in Kenya 2022.
Read also: Apesa loan app. One of the most reliable loan apps in Kenya 2022.
How to download Kashbean loan app
To download Kashbean loan app, head to your google play store and search for the keyword Kashbean loan app. It will appear as the first search result.
You can easily identify the app by the (your loan partner) message placed beside its name and the unique ‘K’ like logo it has. The app is also developed by pesa loan developer whose name is inscribed below the app.
After searching for the app successfully, you can go ahead to download and install the app before you start the process of borrowing your first loan.
You can as well click this link which will redirect you to your google play store and the apps location.
How to borrow instant loan from Kashbean loan app
To borrow instant loan from Kashbean app, you need the following requirements before you are cleared to borrow loan;
- Must be 18 years and above with a national ID
- Must be a Kenya resident
- Must have a functional safaricom line with an active M-Pesa account
- Must have a smartphone to download and install the app
- Must have clear CRB record as it will have a direct impact on your loan limit
- Must have completed paying a loan you borrowed from the platform before if you have already used the app
After meeting the above qualifications, go ahead to create a new account on the app if you lack one and go ahead to confirm your details.
It will take Kashbean loan app a maximum of 5 minutes to verify your details and update your loan limit on the app.
You can go ahead to borrow money from the app after stating what you want to do with the loan. Remember to choose amount within your loan limit because if you choose amount higher than your loan limit, the request will be automatically rejected.
How to repay Kashbean loan app
To repay your loan on Kashbean, first load the money to your M-Pesa account before starting the process of payment.
Go to M-Pesa menu and choose the lipa na M-pesa option, go ahead to enter Kasbean paybill number which is 196184 and enter your phone number as the account number. Proceed to enter your M-Pesa pin and the transaction will be processed and updated on your app.
Kashbean loan app paybill number
Kashbean has one paybill number which is 196184. Apart from this paybill number, other transactions can be done through the app.
Kashbean loan interest rate
Kashbean loan app charges an APR of up to 48%. Other than this, there is no hidden fee charged by the app before, during or after paying your loan.
Kashbean loan app contacts
Kashbean loan repayment period
Kashbean gives customers between 91 days and 365 days to repay their loans. It is the customer to choose which repayment plan fits them the most.
Kashbean loan limit
Kashbean offer loans ranging between KSH. 500 and KSH. 80,000. One’s loan limit grows according to how they repay their previous loans.
[…] Read also: Kashbean loan: Is this the best loan app in Kenya currently? Take a look at its reliable interest rate. […]
I’m malo phile and I need a loan for the first time of 2000
Hello Malo. Thanks for reaching out. You can download the app using the link inscribed in the article. You can also read multiple options you have in the other articles present in this blog.
[…] Read also: How to borrow instant loan from Cashbean loan app in Kenya 2022 […]