O cash is a loan app in Nigeria that offers quick, short-term loans to its users. With o cash you can get quick loan without the need for collateral or extensive paperwork.
O cash Loan Interest Rates
Ocash is one of the loan apps in Nigeria with low Interest Rate. For a loan of 20,000 naira, you pay a total of 23,000 naira for 14 days period. You can borrow from ₦3,000 up to ₦500,000.
Always double check the interest before you borrow loan. Make sure you can repay the total amount on the due date.
Ocash loan Requirements
To qualify for O cash loan, you need to meet the requirements below:
- Be between 20 and 55 years old.
- Provide a valid means of identification.
- Opay account nunber
- BVN
How to apply for O Cash Loan
- Download the App: Install the OKash app from the Google Play Store.
- Register: Create an account, link your bvn and provide other necessary personal details.
- Add account: Link your Opay account number
- Apply for a Loan: After you’ve successfully registered, select the desired loan amount and repayment period, then submit your application.
- Approval and Disbursement: Cash will review your application within minutes. Upon approval, the funds are disbursed to your OPay wallet, from which you can transfer them to your bank account.
How to Repay o cash Loan
OKash offers convenient repayment options:
- Auto-Debit: On the due date, the amount due is automatically deducted from your linked bank card. Ensure sufficient funds are available to cover the repayment.
- Manual Repayment: You can also repay manually by selecting the “Make a Repayment” option within the app and following the prompts.
You can make repayment from within the ocash app. To do this open the app and click on ‘repay your loan’. You will have option to pay in part or in full. You can also wait for o cash to debit your account automatically when your loan repayment is due.
Late repayments incur a rollover interest of 2% per day. A grace period of one day post-due date may be granted, during which rollover fees are not accrued. If the overdue amount remains unpaid after the grace period, the rollover fee is charged for the entire period of delay, including the initial day of the grace period.
Customer Support
For assistance, you can contact Ocash through:
- Phone: 02018884549
- Email: okash@blueridgemfb.com
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I need loan and i will pay back