Zash Loan App [2024]: How to Apply and Repay the Loan

Are you seeking financial loan assistance? That’s what the Zash Loan app does? You apply for the loan , you qualify and the loan is sent directly to your Mpesa account. 

Downloading the app is straightforward.

In this post, I will take you through the process of applying for and repaying the loan. so keep reading.

In a quick overview, what is the Zash loan app?

What is Zash loan app?

Zash Loan is a mobile app offering short-term loans in Kenya.  It has more than 16.5k reviews on the Google Play Store and more than 5 million downloads, which means the app is legit and has a high reputation.

Zash Loan App is on the list of the best loan apps in Kenya, where you can get high-quality and fast-approval loans. 

Zash loan app Download: latest in Kenya

The following is a step-by-step guide to the Zash loan app download.

1. Open the Google Play Store app on your Android device.
2. In the search bar, type “Zash Loan: Get money Instantly,” developed by Zillions Credit Limited Company
3. Tap the app icon in the search results.
4. Review the app information and tap “Install.”.
5. Follow the on-screen instructions to complete the installation

Zash loan eligibility and requirements

The Zash mobile loan app is only available to users who own a phone. Users must be 18 years old, have a valid national ID, and be registered Safaricom users. 

To be eligible for the loan, you must also have an active M-Pesa account before applying. Zash loan app uses the existing Safaricom data to link your users with your mobile money wallet.

Zash loan amount limit

Zash’s loan amount falls within the typical microloan range (KES 300–KES 80,000).

How to apply for a loan

1. Download the Zash Loan app from the Google Play Store.
2. Register with your M-Pesa number.
3. Choose your desired loan amount and repayment term.
4. Fill out the application form with your personal information and submit it.
5. Await approval  and loan limit notification

Zash loan app required information

As you apply for a Zash loan, it is better to be aware of detailed information that will be required, Here is the list of information required;

• First name 
• Last name
• National id 
• Date of birth: 
• Place of residence 
• Detailed address 
• Email(optional)
• Alternative phone number 
• Type of work 
• Monthly income
• Next of kin( relationship, name, and phone number)
• Selfie

Zash loan Repayment Duration

Zash loan app has two repayment terms. Choose a repayment term that fits you (7–14 days).

How do I repay Zash loan?

There  are 2 ways to pay your Zash loan

Using Zash loan app

• Open the Zash loan App
• Select Repay My loan
• You will see the loan you need to repay with your Mpesa
• Select Pay Off and follow the instructions on the screen to pay your Zash loan
• Choose how much money you want to use to repay the loan.
• A push-up Mpesa confirmation will appear (PrestopApp Tech account number: 13392215) 
• Confirm the transaction and enter the Mpesa pin.
• You will receive an SMS notification to confirm your loan repayment.

Using Zash loan Paybill number

1. Open M-Pesa on your phone.
2. Go to “Lipa na M-Pesa.”
3. Select “Pay Bill.”
4. Enter the Zash Paybill number: 733555.
5. Enter your mobile number as the account number.
6. Enter the amount you want to repay.
7. Enter your M-Pesa PIN and confirm the transaction.

Note: Late repayments incur a 2.5% daily fee, so timely repayment is crucial.

Zash Pros and cons

Pros:

• Quick and easy application process
• Transparency about fees and interest rates (within the app)
• Flexible repayment options (although short-term)
• Potentially helpful for small, immediate needs
• Good support team
• It is easy to contact them for instant help

Cons:

• High-interest rates
• Short repayment terms (which can lead to a debt cycle)
• Numerous calls are made after the due date, which is frustrating
• Data sharing concerns

Zash loan app contacts

So in case you need their online services, how do you reach out to them?

WhatsApp number: +254 104064688

Tel: +254709462300

Website: https://app-api.zashloan.com/

Email cs@zashloan.com

Online services 8:00 am- 6:00 pm

Zash loan app Users’ reviews

Zash loan app has mixed reviews, some praise the app, saying it is quick and easy to borrow a loan. While some have claimed that they received numerous, endless calls days after the loan due date,.

But based on the reviews, it is evident that the app is legit, and you can borrow a loan anytime.