Looking for a quick and hassle-free way to secure a loan? Look no further than the Zenka Loan application. Zenka Loan is a mobile lending platform that offers instant loans to individuals in need of financial assistance. Whether you need cash for emergencies, bills, or personal use, Zenka Loan has got you covered. In this article, we will guide you through the process of applying for a Zenka Loan, the requirements needed, and the benefits of choosing Zenka Loan as your financial partner. So, if you’re ready to experience the convenience and benefits of the Zenka Loan application, keep reading!
About Zenka Loan
Zenka is a mobile platform that offers quick loans to its users across the country with flexible repayment terms and low interest rates.
Is Zenka’s loan legit?
How Does It Work?
Zenka loan application works like other online lending platforms. However, the flexible repayment terms, quick loan disbursement, and low interest rates make Zenka stand out.
By following any of the loan application methods we will discuss in the subsequent headings, you apply for your desired loan and repay when or before due alongside the interest added.
Eligibility Criteria And Requirements For Obtaining A Zenka Loan
Before you can obtain a Zenka loan through any of the application methods you must first meet and provide the following criteria and requirements:
- You must have a phone which could be an iPhone, iOS, Android, or even a button phone.
- You must possess a valid and active Safaricom sim card.
- A valid means of identification (government-issued preferably).
- The applicant must be up to 18 years old.
- Proof of income. To ensure that you can comfortably repay your loan.
- Have a steady and legitimate source of income.
How To Apply For A Zenka Loan
You can apply for a Zenka loan through any of the following methods;
- Via Mobile app
- Via SMS
How To Download The Zenka Loan App
To download the Zenka loan app from any of your preferred stores, do these:
- Launch your preferred app store. Google Play Store or Apple Store.
- Enter “Zenka loan app” in the search bar.
- Click on “Install” to download the app and then “Enable” to activate the app.
After downloading the Zenka loan application, follow the steps below to apply for your desired loan:
- Launch the Zenka loan app
- Click “Sign In”
- Enter your phone number and proceed to confirm it
- Enter your 4-digit PIN and confirm it too. You have successfully registered!
- Search for “Loans” in the menu bar
- Proceed to choose the loan amount that you desire. Remember, you will be shown your interest rate and loan duration.
- Press “Apply Now”
- Review the loan summary and then choose “Get Loan”.
Your loan application will be reviewed and if it meets the requirements of the management team, it will be approved and you receive your loan directly to your bank account or m-pesa within a few minutes.
The benefit of this method is that you have full control over your loan application with access to enabling app features.
How To Apply For A Zenka Loan Via SMS / USSD Code
If you wish to apply for a Zenka loan but do not have a smartphone, you can utilize the SMS method. This method does not require an internet connection and it is quick and straightforward.
Here is how to apply using this method;
- Dial *841# on your phone.
- Enter your user PIN (this will be generated first)
- A many will be shown, choose “Apply for Full Limit” or select any amount you desire.
- Select your loan repayment term or duration.
- Confirm your application
- You will receive an SMS indicating that your application is approved or rejected.
Upon approval, your m-pesa or bank account gets credited within a few minutes.
How To Increase Your Loan Limit
To increase the amount of loan you can access on Zenka, do the following:
- Repay your loans on time
- Borrow regularly from Zenka
- Transact always in m-pesa
How To Contact Zenka
Here are means to contact this amazing lending platform:
Phone Number: @020 765 08 78.
Email: [email protected].
Social media:
- Facebook @zenkakenya and
- Twitter @ZenkaFinance
Conclusion
By now, you should have a clear understanding of how to apply for a Zenka Loan through SMS and their mobile app. Both methods offer convenience, and the choice depends on your preferences and needs. Also, you can apply any of the methods depending on the kind of phone you are using.
Remember to borrow what you can repay comfortably without pressure. Good luck!
