Swiftkash Loan Review, Interest Rates, How to apply, Customer Care Contact Number
Swiftkash Loan Review, Interest Rates, How to apply, Customer Care Contact Number
Are you facing unexpected expenses or planning to grow your small business in Nigeria? Swiftkash Loan, a prominent digital lending platform in Nigeria, offers a hassle-free solution for individuals and businesses seeking quick access to personal credit.
However, you should understand that, unlike traditional banks, digital financial providers only give loans with a maximum repayment period of 365 days (1 year).
If you need a loan to grow your business and there is proof and certainties of repaying within one year, then you may consider a digital lender like Swiftkash.
This article is about Swiftkash loan review, interest rate, how to apply for Swiftkash loan easily, and the Swiftkash customer care service contact information.
Ready to explore the Swiftkash loan review? If affirmative, then let’s get started.
Swiftkash Loan Review, Interest Rates, How to Apply for Swiftkash Loan, Customer Care Contact Number
Here are things you need to know in this swiftkash loan review:
Swiftkash Loan Borrowable Amount, Swiftkash Loan Repayment
Swiftkash is a financial app that provides loan amounts that range from N5,000 to N600,000, accommodating various financial needs.
The loan terms extend from 91 to 180 days, allowing borrowers flexibility in repayment.
Swiftkash Loan Interest Rate
The Swiftkash loan interest rates are calculated based on the loan amount and repayment duration, with a maximum APR of 36% per year or 0.08% per day.
Let’s take for example, consider borrowing N20,000 that has a repayment period of 120 days.
The total interest accrued would be N20,000 * 0.08% * 120 = N1,920. Consequently, the total repayment, including principal and interest, sums up to N20,000 + N1,920 = N21,920.
Reasons to Choose Swiftkash Loan
Choosing Swiftkash offers several benefits that set it apart from traditional lending avenues:
Freedom to Use: Borrowers have the freedom to allocate the loan amount as per their personal or business requirements.
Effortless Sign-Up: The application process is straightforward, and once approved, the loan amount is disbursed within minutes.
No Collateral or Paperwork: Swiftkash bridges the gap to the need for collateral or physical documentation, streamlining the application process.
No Hidden Fees: Swiftkash stands out by not charging late fees or rollover fees, easing the repayment process.
Flexible Repayment Terms: As borrowers repay their loans, Swiftkash offers lower fees and adjustable repayment terms.
Swiftkash Loan Requirements
Before you can secure a loan from the Swiftkash loan app, it’s crucial for you to meet the laid down requirements.
However, some requirements of swiftkash loan you need to meet are:
- You must have a bank account
- You must be willing to provide your bvn
- You must be employed or self-employed
- You must meet the age requirement of at least 18 years
- Means of identification e.g national identity card, voter’s card, international passport etc.
Swiftkash Loan App Download (How To Download Swiftkash Loan App From Google Play Store)
Let’s get you all set up to download the Swiftkash loan app from the Google Play Store.
Open the Google Play Store: You know that colorful icon with the triangular play button? That’s the one. Tap on it to open the Google Play Store.
Search for “Swiftkash“: At the top of the Play Store, you’ll find a search bar. Type in “Swiftkash” and tap the magnifying glass or hit “Search.”
Spot the Swiftkash App: After your search, you’ll see a list of apps. Swiftkash should be right there among them. It’s usually the one with a cool blue and white logo.
Tap on the App: When you’ve located Swiftkash, give it a good ol’ tap.
This will take you to the app’s page, where you can learn more about it.
Hit “Install“: Ready to dive in? Just hit that “Install” button.
Your phone might ask for a few permissions – don’t worry, it’s all standard stuff.
Wait a Moment: The app will start doing its thing. Depending on your internet speed, this could take a short while. Maybe use this time to plan your next steps once you have Swiftkash at your fingertips!
Launch and Get Started: Once the app is done installing, you’ll see an “Open” button. Tap on it. You’re now ready to start your journey with Swiftkash.
Swiftkash Loan App ApK Download – How to Download Swiftkash Loan App From Apple App Store
Follow these steps to get started;
Spot the App Store Icon: Look for the blue icon with the white letter “A” on your home screen. Tap on it to open the App Store.
Tap on the Search Tab: At the bottom of the App Store, there’s a magnifying glass icon. Give it a gentle tap – that’s the search tab!
Type “Swiftkash” in the Search Bar: Once you’re in the search tab, type in “Swiftkash” using the keyboard. The App Store’s smart search will show up.
Find Swiftkash in the Results: As you start typing, you’ll see a list of results. Swiftkash should be among them, sporting its distinctive green logo.
Tap on the Swiftkash App: A tap is all it takes to get it downloaded. This will take you to the app’s page, where you can learn more about it.
Click “Get” or the Cloud Icon: You’re almost there!
Tap the “Get” button next to the app’s name.
If you’ve downloaded the app before and deleted it, you might see a cloud icon instead. Just tap that, and it’ll start installing.
Authenticate with Face ID/Touch ID: For security reasons, your iPhone might ask you to use Face ID or Touch ID, or even your passcode. It’s just making sure you’re the boss of your phone.
Wait for a while: The app will start downloading. Depending on your internet speed, it might take a moment.
Time to think about how Swiftkash is going to make things easier for you!
Open it: Once the app’s downloaded, you’ll see the “Open” button. Tap it, and you’re in!
Now, let’s see how to apply for swiftkash loan easily in 2023.
How To Apply For Swiftkash Loan
To get started, here is how to apply for swiftkash loan:
Download the App: Obtain the Swiftkash app from the Google Play Store.
Create an Account: Register using your phone number to receive a One Time Password (OTP).
Choose Your Loan Amount: Select the loan product that suits your needs.
Accurate Application: Complete the application form accurately and submit it.
Profile Approval: Await profile approval, a process conducted by Swiftkash.
Loan Disbursement: Once approved, the loan amount will be disbursed into your bank account.
Swiftkash Loan Customer Care Phone Number, Whatsapp Number and Email Address
If you have any questions, or concerns, or need assistance, don’t hesitate to reach out to Swiftkash’s customer care team via email at Service@swiftkash.ng. They’re ready to assist you on your financial journey.
FAQs On Swiftkash Loan
Here are some frequently asked questions on Swiftkash Loan Review, Interest Rates, How to apply, and Customer Care Contact Number with answers:
What are the eligibility criteria for Swiftkash loans?
To be eligible for a Swiftkash loan, you must:
- You must provide a bank account
- You will need to provide your bvn
- You must be employed or self employed
- You must meet the age requirement of at least 18 years
- Means of identification e.g national identity card, voter’s card, international passport etc.
What is the loan amount range offered by Swiftkash?
Swiftkash offers loan amounts ranging from NGN 5,000 to NGN 600,000.
How long can I borrow the loan for?
Loan terms with Swiftkash range from 91 to 180 days.
What is the interest rate for Swiftkash loans?
The interest rate varies based on the loan amount and repayment period.
The maximum APR is 36% per year or 0.08% per day.
Can I use the loan amount borrowed from Swiftkash for any purpose?
Yes, you have the freedom to allocate the loan amount for personal or business purposes, as per your requirements.
