The Zash loan app, owned by Kopakash Limited, is a mobile-based digital lending platform. Currently, the new Zash app offers a loan limit of Ksh 500 only. It can be downloaded exclusively from the Google Play Store, with a size of 20 MB. The app has garnered over 500,000 downloads and boasts a star rating of 4.2, based on reviews from approximately 34,416 users.
How to Download Zash Loan App
To download the Zash loan app, follow these steps:
- Open the Google Play Store on your Android smartphone.
- In the search bar, type “Zash Loan” and press enter.
- Locate the Zash loan app from the search results and click on it to open the app page.
- Tap on the “Install” button to download and install the Zash loan app on your device.
- Once the installation is complete, you can open the app and proceed with registration to access loan services.
Zash Loan Interest Rates
Zash imposes a maximum annual interest rate of 20%, complicating the determination of the precise loan interest. Additionally, borrowers may encounter a service fee, which varies based on the loan amount and duration. This fee encompasses expenses related to credit score assessment, account management, and payment processing.
Zash Loan Advantages and Disadvantages
Advantages of Zash Loan App:
- No security or collateral required.
- No credit history necessary.
- Paperless and digital process accessible via mobile.
- Swift loan disbursement to your bank account or M-PESA in under 5 minutes.
- No transaction costs for loan repayment.
Disadvantages of Zash Loan App:
- Requires extensive personal information, including a photo and additional contact details, during sign-up.
- Offers a relatively low loan limit.
- Best suited for obtaining small emergency loans
How to pay my Zash Loan
To repay your Zash loan, you can only do so through the Zash M-Pesa Paybill number 733555, with your phone number serving as the account number.
Zash loan contacts in Kenya
To reach the Zash support team, you have several options available:
- Email them at cs@kopakash.com.
- Contact them via the Zash loan mobile number: +2540207650893.
- Leave a review or message on the Google Play Store in the app reviews section.
- Visit their page on Facebook.com and reach out to them there.