You can apply for Jumia Pay Loan with ease when you adhere to the basic instructions that have been given in this article. The JumiaPay Loan app makes this possible and that is why you should think of downloading it first and you are good to get started with your loan application.
In a previous article, I tutored you about the Jumia Pay App and how you can carry out a lot of monetary transactions with it. Moreso, you can apply for loans from that same app and you are going to learn that here.
You can get a quick loan without having to do much on Jumia Pay. All you have to do is to follow the basic steps here and you are good to go.
Using the Jumia Pay App, you can borrow money up to N500,000 straight from your phone to make everyday life easier. There is no collateral, no paperwork via the JumiaPay Android app only. Jumia Pay app provides so many reasons why you should take a loan from its mobile app, some of the reasons have been listed below.
- No long-form to fill
- Easy user interface
- Get a loan in a few minutes after approval
- No collateral
- No paperwork
- Low-interest rates
- Repayment is easy
How To Apply For Jumia Pay Loan
Before you can apply for a Loan on the app, you first need to download the app. To do so, simply read this Jumia Pay App Free Download.
To apply for a quick loan on the Jumia Pay app, simply follow the steps below.
- Open the JumiaPay app downloaded on your mobile device
- Click loans under the financial services section on the app and follow the steps by step process
- Once approved, an email is sent to you to add your debit card
- Click “Add debit card” in the email and add the requested card details for repayment
The loan is paid to you within 24hours. After the repayment timeline elapses, the loan amount and interest are debited from the same card.
Steps To Repay A Loan
To repay your loan on JumiaPay, ensure to follow the steps below.
- Open the app and sign in to your account
- Go to the “History”, click on your loan request and follow the instructions
- Choose your preferred mode of repaying either by clicking on the link or transferring to your unique bank account number
- You would get to see the unique account number you can use in making a bank transfer
Your payment will be updated within 24 to 48 hours.
When you follow the steps below, your Loan application will be honored and you’ll receive the money in your local bank immediately after approval.
However, if you have any questions on this method to apply For Jumia Pay Loan, feel free to relate it with DailiesRoom.com by using the comment box below.