Letshego Group, a rapidly expanding financial institution in Kenya, provides various services, including loans. To access these loans, it’s essential to understand the application requirements and procedures. Here are the Letshego loan requirements in brief.
How to Apply for Letshego Loan Online
- Step 1: Visit the LetsGo Website
- Head to the LetsGo website and locate the “Apply Now” button.
- Use relevant keywords like “letshego loan apply online” for enhanced SEO.
- Step 2: Choose Your Loan Type
- Select the loan type that aligns with your financial needs.
- Letshego offers various options, including salary check-off, personal, business, and asset finance loans.
- Step 3: Fill Out the Online Application Form
- Provide accurate personal, employment, and financial details.
- Have essential documents like ID, proof of income, and pay stubs ready for submission.
- Step 4: Review and Submit
- Review your application for any errors or missing information.
- Once satisfied, submit your application and await contact from a Letshego loan officer.
Additional Tips for a Smooth Application:
- Country Variations:
- Note that the application process may vary by country. Check the LetsGo website or consult a loan officer for country-specific details.
- Mobile Magic:
- Utilize the LetsGo mobile app for a convenient application process.
- Download from the App Store or Google Play Store to streamline your journey towards financial goals.
How to Get a loan on Letshego
Option 1: Online Application
- Visit the Letshego Kenya website to begin the process.
- Click on the “Apply Now” button to access the online application form.
- Provide your personal and financial information accurately.
- Submit the form and await a response from Letshego.
Option 2: In-Branch Application
- Visit any Letshego Kenya branch for face-to-face assistance.
- Consult with a loan officer to discuss your loan requirements.
- Complete the loan application form together with the officer.
- Submit the form and await Letshego’s decision.
Regardless of the chosen option, Letshego will review your application and, if approved, disburse the loan proceeds to your account, allowing you to proceed with your financial goals.
Letshego Loan and Requirements
Before applying for a loan with Letshego Kenya, ensure you meet these eligibility criteria:
- Kenyan Citizenship or Residency: You should have a connection to Kenya.
- Minimum Age of 18: You must be at least 18 years old.
- Stable Income: Demonstrate a consistent source of income to support repayments.
- Good Credit History: A positive credit history increases your chances of approval.
Explore Letshego Kenya’s loan offerings tailored to various needs:
- Salary Check-Off Loans: Quick financial assistance repaid through salary deductions.
- Personal Loans: Fulfill personal aspirations like education, vacations, or home improvements.
- Business Loans: Empower your entrepreneurial endeavors with customized financing.
- Asset Finance Loans: Realize your asset acquisition goals with Letshego Kenya’s support.
Letshego Interest Rates
Letshego offers loans with interest rates ranging from 0% for servicing times less than 3 months to 50% for longer than 18 months. Repayment frequencies include daily, weekly, monthly, and quarterly options. Eligible applicants can apply for loans up to KSh. 3,000,000.
How to Repay Letshego Loan
Letshego’s payroll loans offer convenience, with repayments deducted directly from your salary by your employer. Alternatively, in certain situations, you can use MPesa for repayment. Here’s the application process: Access your M-Pesa account, select Paybill, enter the business number, use your phone number as the account number, input your M-Pesa PIN, confirm details, and select OK.
Letshego Contacts
Contact Information:
- Physical Address: Cape Office Park, 2nd Floor, Ring Rd., Kilimani
- Postal Address: Box 52926 – 00200
- Email Address: kenya@letshego.com
- Phone Numbers: +254 700 555 777, +254 730 687 777, +254 739 102 325