Kashcash Loan App: How to Apply, Interest, Requirements and More

Kashcash Loan App How to Apply, Interest, Requirements and More

Looking for a quick and hassle-free way to get a personal loan? Look no further than the Kashcash Loan App! In this guide, we’ll walk you through the simple steps to apply, explain the interest rates, and outline the requirements. It’s your ticket to financial flexibility, made easy for everyone. In this guide we have covered everything you need to know about borrowing loans from Kashcash Loan App.

About Kashcash Loan

KashCash is a fintech company based in Nigeria that specializes in providing digital banking and lending services through its mobile application, the KashCash Loan App. The company’s primary focus is on offering short-term personal loans to eligible individuals.

KashCash is known for its accessibility and ease of use, with its mobile app serving as the primary platform for loan applications and transactions. Users can download the app from the Google Play Store and register an account with their phone number to initiate the loan application process.

Kashcash Loan Requirements

Nigerian Citizenship or Legal Residency

To qualify for a KashCash loan, you must be a legal citizen or a legal resident of Nigeria. This criterion confirms your legal status within the country.

Age Requirement

You need to be at least 18 years old to be eligible for a KashCash loan. This age restriction ensures that borrowers are adults capable of entering into financial agreements.

Regular Monthly Income

Demonstrating a reliable source of monthly income is essential. This income source serves as an assurance of your ability to repay the loan according to the agreed terms.

ATM Card

You’ll need to bind your ATM card to your KashCash account. This requirement ensures a secure and convenient method for loan disbursements and repayments.

Next of Kin Information

Providing details of two next of kin, including their phone numbers, is part of the requirements. This information is often used for contact purposes in case of emergencies or loan-related communications.

Active Bank Account

You must possess an active bank account in your name. This account will likely be used for loan disbursements and repayments, making it an essential component of the loan application process.

Phone Number Linked to BVN

Your phone number must be connected to your Bank Verification Number (BVN). This linkage helps verify your identity and ensures that the loan application process is secure.

Kashcash Loan Interest Rates

KashCash provides a range of loan options designed to meet diverse financial needs. Borrowers can request loans ranging from ₦10,000 to ₦100,000, allowing for flexibility in choosing the desired loan amount. Also, KashCash accommodates various repayment timelines, with terms extending from 91 days to 365 days. KashCash offers competitive annual percentage rates (APR) that span from 12% to 34% per year. Below we have attached two examples of how Kashcash interest rate is calculated.

Example 1

Higher Loan Amount:

Loan Amount: ₦30,000

Loan Term: 120 days

Interest Rate: 20%

Interest = ₦30,000 * 20% = ₦6,000

Total Repayment Amount = ₦30,000 + ₦6,000 = ₦36,000

Example 2

Longer Loan Term:

Loan Amount: ₦15,000

Loan Term: 240 days

Interest Rate: 15%

Interest = ₦15,000 * 15% = ₦2,250

Total Repayment Amount = ₦15,000 + ₦2,250 = ₦17,250

How To Apply For Kashcash Loan

Step 1

Download KashCash App

To borrow money from KashCash loan application you need to first download the KashCash app. You can easily find this mobile application on the Google Play Store, making it accessible to a wide range of users. Once downloaded and installed on your smartphone, you’re ready to begin the application process.

Step 2

Register an Account with Your Phone Number

After installing the app, open it, and you’ll be prompted to register an account. Provide your phone number during the registration process, as this is a crucial step for identity verification and communication purposes.

Step 3

Fill Out Basic Information and Submit Loan Application

With your account registered, you’ll need to complete your profile by filling out some basic information. This typically includes personal details, employment information, and other essential data. Once your profile is complete, you can proceed to submit your loan application through the app. Carefully review the loan amount and repayment terms to ensure they align with your financial needs and capabilities.

Step 4

Receive Your Loan Straight into Your Bank Account

Once your loan application is submitted, KashCash will review your information and assess your eligibility. If your application is approved, the loan amount will be disbursed directly into the bank account you provided during registration.

KashCash Loan App’s customer service

If you need to contact KashCash Loan App’s customer service for assistance or inquiries, you can reach them through the following contact information:

  • Customer Service Phone: 012271660
  • Service Email:

Feel free to use these contact details to get in touch with KashCash’s customer support team for any questions or concerns you may have regarding their loan services or app-related issues.

Advantages Of KashCash Loan

  • KashCash provides a user-friendly mobile app that allows borrowers to apply for loans with ease. This accessibility makes it convenient for a wide range of individuals to access financial assistance.
  • Borrowers can request loans ranging from ₦10,000 to ₦100,000, enabling them to meet various financial needs, whether it’s for emergencies, bills, education, or personal expenses.
  • KashCash offers flexible repayment periods, allowing borrowers to choose terms that suit their financial situation. With loan durations ranging from 91 days to 365 days, borrowers can align repayments with their income schedule.
  • KashCash provides competitive annual percentage rates (APRs), which can range from 12% to 34% per year. Lower interest rates mean reduced overall borrowing costs for responsible borrowers.
  • KashCash loans are unsecured, meaning borrowers don’t need to provide collateral to access funds. This reduces the risk to borrowers’ assets.
  • Once approved, KashCash disburses loans directly to borrowers’ bank accounts swiftly, ensuring immediate access to funds.
  • KashCash is known for its transparent loan terms and conditions. Borrowers can review all the terms, including interest rates and repayment schedules, before committing to a loan.
  • Successfully repaying KashCash loans can contribute positively to a borrower’s credit history, potentially improving their creditworthiness for future financial endeavors.
  • KashCash offers customer support through phone and email, ensuring borrowers can seek assistance or clarification when needed.
  • With an office address in Lagos, Nigeria, KashCash maintains a local presence that adds to its credibility and trustworthiness among Nigerian borrowers.

Frequently Asked Questions

How To Download Kashcash Loan App

  • Unlock your Android device and ensure it is connected to the internet.
  • Open the Google Play Store on your device.
  • In the search bar at the top, type “KashCash Loan App” and press “Search.”
  • Once you locate the KashCash Loan App in the search results, click on it.
  • Then, tap the “Install” button to begin the download and installation process.
  • Wait for the app to download and install on your device.
  • Once installed, you can open the KashCash Loan App and proceed with registration and loan application.

What Is Kashcash Loan Amount Limit?

KashCash offers loan amounts within the range of ₦10,000 to ₦100,000. Borrowers can request loans within this limit based on their specific financial needs and eligibility. The exact loan amount you can qualify for may depend on factors such as your creditworthiness, income, and repayment history with KashCash.

Is Kashcash Loan App Legit Or Scam?

KashCash Loan App is a legitimate fintech platform in Nigeria. It provides accessible and regulated loan services to users. However, like any financial service, borrowers should exercise caution, read terms carefully, and ensure responsible borrowing. Beware of scams and use official channels for all transactions.

What will happen if I don’t repay my loan or pay my loan late?

If you don’t repay your loan or pay it late, you may face consequences such as late fees, increased interest charges, damage to your credit score, and debt collection efforts, which can include legal action or asset seizure depending on the lender’s policies and local laws.

Does Kashcash Loan Have an Office?

Yes, KashCash Loan has an office located at NO. 62, YAYA ABATAN, COLLEGE ROAD, OGBA, LAGOS, NIGERIA. This physical office presence adds to the company’s credibility and trustworthiness among users in Nigeria.


The KashCash Loan App emerges as a valuable financial tool for Nigerians seeking quick and hassle-free personal loans. With its accessible mobile application, borrowers can easily navigate the loan application process.

KashCash offers a wide range of advantages, including competitive interest rates, flexible loan amounts, and accommodating repayment terms. It ensures borrowers meet specific requirements, emphasizing legal residency, age, income source, and a secure banking setup. Moreover, the app’s transparency, backed by a local office presence, adds to its credibility.

The competitive APRs, as demonstrated in the provided examples, reduce overall borrowing costs. It’s important for borrowers to understand the process—download the app, register, provide information, and receive the loan directly into their bank accounts. Additionally, KashCash’s customer service is readily available for inquiries.