Do you want to know the latest USSD code, and APK download for Tala loan app to fill in the online application form to borrow urgent cash?
If YES, then this is the only post to read today.
Tala Loan App
Trusted by millions, Tala is licensed and regulated by CBK.
Tala offers fast-growing mobile loans up to KSh 50,000.
Low interest starting at 0.3% per day.
Anyone with an Android smartphone can apply for a loan, get an instant decision, and receive funds directly to their account.
To register and access Tala loans online, all that is required is your first name, last name, National ID, answer to a security question of the choices provided and a 4-digit PIN number.
Tala takes many factors into account when evaluating your creditworthiness, including your prior history with the company, data from your mobile phone, and information received from Credit Reference Bureaus.
Why Choose Tala?
- Limits grow up to KSh 50,000 to meet your needs. Most customers’ limits double in two months and quadruple in six months.
- Fair, transparent interest as low as 0.3 per day%.
- Tala is registered with the ODPC as a data controller. So, your contacts and other information are always private and protected.
- The customer service team is always ready to help. The average response time is less than five hours.
Currently, KSh 30,000 is Tala’s maximum loan limit in Kenya.
You can borrow from KSh 1,000 to KSh 5,000 from Tala.
The fastest way to receive higher amounts is to build credit with a positive repayment history with Tala, easily achieved with successive timely repaid loans.
There is no minimum payment period for repayment; customers may make payments towards their principal following disbursement.
Additional terms and conditions apply.
How to Apply for Tala Loan Online
To apply for a Tala loan, open the Tala App and go through the loan application process.
If approved, choose a payment period, then select the “Send my loan” button.
For returning customers, you may reapply for another loan only after you have paid off your previous loan.
New customers need to download the app and apply.
Once you are approved for a loan, it is instantly sent to your MPESA account.
Tala Loan Repayment
You can repay your Tala loan with M-PESA Xpress or via our Paybill 851900.
Use your Tala registered phone number as the account number.
Follow these steps to repay your Tala loan:
- Go to your Safaricom menu and select M-Pesa.
- From your M-Pesa menu, select Lipa na M-Pesa.
- Select the Pay Bill option.
- Enter business number 851900.
- Enter your Tala registered phone number as the account number.
- Enter your payment amount.
- Enter your M-Pesa PIN.
- Confirm that all details are correct and press \’OK\’
Your M-Pesa payment confirmation will show you have sent the payment to the account, Tala Mobile.
You will still receive an SMS confirming we have received your payment.
If you repay late, you will be charged a one-time 8% late payment charge on your outstanding balance.
While other lenders impose a late payment charge for every day that you are late, Tala only has a one-time late payment charge, and you’ll be able to apply to borrow again as soon as you have repaid what you owe.
To ensure your credit history is not negatively impacted, please always repay your loans on time.
Customer Care Support
Text 21991 or email firstname.lastname@example.org with the details of your request and a member of our support staff will respond as soon as possible.
Tala respects your privacy and will never contact your friends and relatives.
The email address, the primary phone number, and the optional alternate phone number you register with Tala are the only contact information that will be reached out to.
So, kindly make sure that they are active or updated.