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 payment 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)
- Total amount paid is Rs 4412 (Rs 5000 - Rs 499 - Rs 89)
- 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
- Total amount payable will be 45000
- Total amount to be paid is 54400 (₦ 45000 + 9400)
- 27200. Two monthly payments 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.
Tanzania
- Loan amount: Tsh 5,000 to Tsh 700,000
- April: 33% to 261%
Representative examples:
- 100,000 for 62 days at 180% APR (per year)
- Interest = 100,000 TSH * 180% / 365 * 62 = 30,000 TSH
- The total amount paid is 100,000 Tsh. will be
- Total amount paid is Tsh 130,000 (Tsh 100000 + Tsh 30000)
- Two monthly payments of Th 65000
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.
Secured loans
Branch makes it easy to get a personal loan using your phone data, including your SMS history, to verify your identity and generate a credit score. We encrypt the data you share with us to protect your privacy.
We take your privacy very seriously and promise not to share your information with third parties.
Apply for personal loans from your Android
However, this application presents a major limitation as it is currently only available in Nigeria, Mexico, Kenya, and India. If you live in one of these countries, you can ask for up to Ksh 70,000, 150,000, 20,000 pesos, or INR 50,000.
Privacy is very important
At Branch, the privacy and security of our customers and their data is our highest priority.
security
All the data we use is encrypted and secure. We have strict policies to ensure that our practices are properly communicated and customer data is always protected.
Data privacy
We never sell customer data and never send customer contacts to third parties.
ethical collection
We do not tolerate aggressive debt collection practices including debt embarrassment If you experience any inconvenience, please report the problem to us immediately via in-app chat.
The branch offers loans between £ 750 and £ 50,000. Duration varies from 9 to 36 weeks. Depending on your loan option, interest rates range from 3% - 25% to 2.8% - 3.1% and APRs range from 35% - 36%. No late fees or transfers and no warranty is required.
The interest rate is determined by various factors including your repayment history and the cost of borrowing from the branch. Your carrier's standard SMS and data rates may apply. For more information on the Office's interest rate policy, click here.
Customer service for branch loans
Branch Loan Apk has its own office in India to help clients with personal loans related issues, repayments, late payments, repayments, withdrawals, and so on.
Grievance Cell is also available for Level II and I Grievances. Here we provide information and how to contact an affiliated lending customer service team for troubleshooting. Serious complaints submitted by customers are listed below:
- No Advertising Code (Required)
- Interest rates are too high
- It says “not eligible,” but my CIBIL score is good
- Cabin and Loanfront loan application services are better than affiliates
- Try again after 30 days (loan application rejected).
- Payment problems
- Double Paid (Expected Refund Status).
- Post version
- Change bank account
- Wrong PAN Card / Aadhaar Card Name
- The loan was not repaid
How do you qualify for a loan?
- To start with a branch, just do:
- Smartphone - Android or iPhone
- Valid/active Facebook account.
- Safaricom Line with M-Pesa account and Tigo Pesa or Vodacom Mpesa in Tanzania
- Your National Identity Number
The interest rate on the loan varies from 10% to 27%. These interest rates are between 1% and 21% monthly interest.
How to Download and use Branch Loan APP?
You can install APKs on all current versions of Android by following these steps:
- You need to download and install the APK.
- Navigate to Settings-> Security-> Unknown Sources
- Navigate to the security settings of your phone by going to the settings menu. Turn on the Install from Unknown Sources option.
- Navigate to your download folder using a file browser. Tap the APK file to start the installation.
You may be unable to install some apps due to compatibility issues, or the app may nag you for the latest version of the Play Store before allowing you to use it. Only devices running Android versions older than Android Oreo can be used with this method.
Benefits and Loss Of downloading Branch Loan APP:
Benefits :
- We use APK files for several reasons. Often, new apps leak before they are released. The APK format makes it possible for users to download software applications much before their release date.
- As long as you install the APK file, you'll be able to enjoy all of the latest goodies without having to worry about releasing updates from your carrier.
- You can get the latest updates from Google with APK files. You can easily get them by downloading APK files, whereas they usually take a long time to arrive.
Loss :
- The modified version of an APK isn't made by the original APK publisher, as you have surely figured out by now. Because most of it is done by programmers, they can easily sneak in malware.
- It is not always advisable or safe to install APK files despite their ease of installation. It is imperative that users be cautious when downloading APK files since they may contain stolen or illegal programs.
- In the report released by the Android security team this year, you're about 10 times more likely to have a potentially harmful application on your device if you're not using Google Play exclusively.
Frequently Asked Questions:
Q. Is Branch Loan APP Download compatible with routed devices?
A: No, native devices are not supported at the moment. Though we can get effective anti-cheat solutions, we take into account the possibility of supporting future equipment.
Q: Is it safe to use APK on my Android device?
A: Yes, this is completely safe because ApkCeo's owner has researched this Apk. This is completely virus-free. The ApkCeo Secure Server hosts it. You can download it from there.
Q: Where can I download the Branch Loan APP Download for Android?
A: It's too simple. You do not need to look anywhere else to get hold of this software because I have shared it in this article for free. You can download this amazing app from apkceo.com and share your experience with your friends and family.
Q: Is an internet connection necessary for the Branch Loan APP Download to work?
A: Generally, you don't need a fixed internet connection.
Conclusion
We believe you have now good knowledge about the Branch Loan APP Download Download. The mentioned details are enough to describe this Apk for your use. If you really like the provided information about the App, please review and share it with all your friends who love this type of App Apk.
Download Branch Loan APP si trova nella categoria Finance and business ed è stato sviluppato da Lunime's. La valutazione media sul nostro sito Web è 4,6 su 5 stars.Tuttavia, questa app è valutata 4 su 5 stelle in base alle diverse piattaforme di valutazione. Puoi anche rispondere Branch Loan APP sul nostro sito Web in modo che i nostri utenti possano puoi avere una migliore idea dell'applicazione. Se vuoi saperne di più su Branch Loan APP, puoi visitare il sito web ufficiale degli sviluppatori per ulteriori informazioni. La valutazione media è valutata dagli utenti di 20285. L'app è stata classificata come 1 stella dagli utenti 46 e 5 stelle dagli utenti 7576. L'app è stata scaricata almeno volte , ma il numero di download può raggiungere . Scarica Branch Loan APP Se hai bisogno di un'app gratuita per il tuo dispositivo Action, ma hai bisogno di 5.0+ versione o successiva per installare questa app.
