Kmimk Loan Application is available in Nigeria that provides loans in a matter of minutes. The loan process is simple and you don’t have to travel to any specific location prior to getting their loan. All you need is your smartphone you’re ready to go. Additionally, you don’t require a an guarantor or collateral.
Table of Contents
Kmimk Loan Application Requirement
Similar to other loan apps available, before you are able to take out a loan through kmimk there are some requirements you will need to meet and these are
Have a bank account as well as BVN
Have a great credit score
Are you able to earn a living?
You must have a smart phone to download the application
If you are a Nigeria and live in Nigeria
How do I get kmimk loan in Nigeria
The first step in obtaining kmimk loan, you must download the app for kmimk loan.
Open it and sign in with the name of your choice, BVN along with other data
You will be asked to tie your ATM card, which could attract #30. Do this and then proceed
After registering, you will then be logged in to your dashboard
In your dashboard, locate and click on the loan
You will also see the how much loan you can qualify for.
Just click it and wait for the disbursement
What amount can you get from the app for loan kmimk
The kmimk loan application could get as much as $100,000 in a single transaction without collateral or the guarantor.
For a first-time borrower you may not be able to get as much as this, but as you continue to use the loans and pay back the amount you can get will increase.
Kmimk rate of interest
Kmimk the interest rate for loans is between 5 and 10% based in the sum of the loan obtained and repayment time. The repayment period ranges from 7 days to 3 months. and also depends on how much loan you received.
How do I repay a loan from kmimk?
You can repay your loan using an ATM card or by contacting them and request the account numbers. When you pay back using your account number, make sure your account number is the right account number to avoid any stories that could touch.
After you have made your payment, it will show up the amount on your dashboard. If it doesn’t, you need to get in touch with them.
What happens in the event of a default
If you fail to pay, you’ll be punished by an increasing your interest rate or if you choose not to pay it back in full, they could forward your name to the credit bureaus to be black listed and you’ll not be able to get a loans anywhere inside Nigeria until you have paid off your obligation.
It isn’t easy to fix this problem, the best option is to pay off the loan prior to this point.
Is kmimk Loan Application legit
Kmimk Loan is legitimate and they actually give out the loan to those who request it, however, they’re not approved by CBN and are not insurance by CBN.
Our opinion on kmimk Koan
Kmimk Koan stands for Kodak money in minutes Kodak. They really give loans to individuals.