Branch Loan APP for Android Free Download

Branch Loan App is a short-term mobile lender provided by Branch International users in the following countries; Kenya, Nigeria, India, and Tanzania. A credit program launched in the Kenyan market in 2015, Safaricom relies heavily on M-Pesa to provide credit to thousands of users.

Today, Branch has grown to more than 10 million features on Google Play and is partnering with big players like VISA to continue to provide mobile credit to users.

Take a branch loan and repay it in 61-180 days with an APR of up to 360% It is the easiest and safest way to borrow, save and improve your financial health comfortably from your phone.

About Branch Loan APP

Want to easily apply for a loan anytime, anywhere from your Android device? With Branch Application, this is possible in just a few steps

Branch Loan app is a financial company specializing in credit. It has a strong focus on technology that helps them reduce the cost of its services in emerging markets. Therefore, they have developed an algorithm to review the candidate’s credentials using their clients ’smartphones.

The Branch Loan is the official application that manages this data and loan apps. With this tool, you can apply for a loan anytime, anywhere in seconds. All you have to do is create an account, submit your application and get the loan quickly and easily directly to your bank or mobile phone account. This is a great option to avoid paperwork.

The Company informs you that there will be no penalty or additional charges if you delay payment of installments or request an extension of installment. You can apply for larger loans, lower interest rates, and flexible repayments when you get your money back.

The branch makes it easy for you to get loans anytime and anywhere and follow your lifestyle.

Branch Loan APP Features 

The Branch Loan app allows you to apply for loans, save money or check your financial health along the way.

• Easy access 24/7
• Quick and easy registration
• No paper, side, or office visit required
• Use your money the way you want - at home or in business
• No fees on late payments or loan extension
• Low payment costs and flexible payment terms

Questions? We provide world-class 24/7 support for your financial needs. Message us in the app and you will get a response within minutes!

Interest and cost of loans

• Cheap
• Loan amount: INR 750 to INR 50,000
• April: 2% to 3% per month

Example of a representative loan:

• Loan of 5000 rupees at 36% APR (per annum) for 62 days
• Interest = money. 5000 * 36% / 365 * 62 = Rs.304
• Administrative Fee = Rs. 5000 * 10% = Rs.500
• (To which GST Rs. 89 applies)
• The total amount paid is Rs 4412 (Rs 5000 - Rs 499 - Rs 89)
• The total amount payable is 5304 (Rs. 5000 + Rs. 304).
• 2652 in two monthly installments of Rs

Terms: Depending on the credit for which you qualify, you have the option to choose repayment terms of up to 336 days. Each loan amount we offer has a repayment option of at least 60 days.

Branch Loan App is operated by Branch International Financial Services Pvt Ltd, an NBBI-registered NBFC.

Kenya

• Loan amount: Ksh 250 to Ksh 70,000
• April: 32% to 240%

Representative examples:

• 10,000 at 196% APR (per year) for 62 days
• Interest = k. 10000 * 196% / 365 * 62 = Ksh. 3260
• The total amount withdrawn will be Ksh 10000
• The total repayment amount is Ksh 13260 (Ksh 10000 + Ksh 3260)
• Two monthly payments of Koch 6630

Terms: Depending on the credit for which you qualify, you have the option to choose repayment terms of up to 336 days. Each loan amount we offer has a repayment option of at least 60 days.

Nigeria

• Loan amount: 1,000 to 200,000
• April: 32% to 250%

Representative example

• 45,000 with a 62-day office term at 250% per annum (annual).
• Interest = 45000 * 250% / 365 * 62 = 9400
• The total amount payable will be 45000
• The total amount to be paid is 54400 (₦ 45000 + 9400)
• 27200. Two monthly payments of Rs

• No Bug
• No Error
• Auto Update