Shika Loan App Guide in 2024

Shika Loan App

Introducing the Shika Loan App. With the rapid growth of credit companies, Shika Loan stands out as one of the top quick mobile loan apps, providing loans within a short period.

How to Download Shika Loan App

To download the Shika Loan App:

  1. Open the App Store or Google Play Store on your mobile device.
  2. Use the search bar to look for “Shika Loan App”.
  3. Once you find the app, click on the “Install” or “Download” button.
  4. Wait for the app to download and install on your device.
  5. After installation, open the app and follow the prompts to sign up or log in.
  6. Once logged in, you can start applying for loans through the Shika Loan App.

How to Apply for Shika Loan

To apply for a Shika Loan:

  1. Download and install the Shika Loan App from the App Store or Google Play Store.
  2. Open the app and create an account by providing the required information.
  3. Log in to your account.
  4. Navigate to the loan application section within the app.
  5. Fill out the loan application form with the necessary personal and financial details.
  6. Submit your application.
  7. Wait for the loan approval decision, which is usually quick.
  8. If approved, the loan amount will be disbursed to your provided bank account or mobile money wallet.
  9. Repay the loan within the specified period to maintain a good borrowing record and access higher loan amounts in the future.

Shika loan interest rate and Limits

Shika Loan Limits:

  • Shika app offers loan limits ranging from Kes 500 to Kes 20,000.
  • The repayment period is set at 30 days.

Shika Loan Interest Rates:

  • Shika app imposes a flat interest rate of 15% per month on its loans.

How to repay Shika loan

To repay your Shika loan:

  • Log in to your Shika account.
  • Select ‘Repay loan’.
  • Click the ‘COPY’ button to redirect to your Safaricom Mpesa.
  • Choose Mpesa.
  • Select ‘Lipa Na Mpesa’.
  • Enter Shika’s Paybill number: 811655.
  • In the account number field, input your Safaricom number.
  • Enter the loan amount.
  • Input your Mpesa PIN to confirm the transaction.

Shika loan Contacts

To address any challenges or issues with the app, contact Shika Loans via:

  • Cell: +254 742 143 999
  • Email: care@shika-app.com