Branch International has revolutionized access to personal loans in Kenya with its mobile lending platform, the Branch loan app. Designed to cater to the low-income earners and the unbanked population, Branch provides a straightforward and convenient way to obtain loans directly through M-PESA. Here’s your comprehensive guide on downloading the app and leveraging its features for quick financial solutions.
Key Features of the Branch Loan App:
| Feature | Description |
|---|---|
| App Name | Branch – Digital Bank & Loans |
| Loan Limits | KES 250 – KES 100,000 |
| Interest Rates | 2% – 18% per month |
| APR | 20% – 211% per year |
| Loan Tenure | 62 days – 1 year |
| M-Pesa Paybill | 998608 |
| Processing Fees | None |
| Onboarding Fees | None |
| Rollover Fees | None |
| Late Fees | None |
| Collateral | None |
| Bank | Century MFB |
| Downloads | 10M+ |
| Rating | 4.5 stars |
| Year Founded | 2015 |
| Contact | [email protected], +254 711 995 555 |
| Social Media | Twitter: @branch_co, Facebook: Branchkenya |
How to Download and Use the Branch Loan App:
- Download the App:
- You can download the Branch loan app from Google Play Store (link provided for convenience, ensure to check the URL). The app targets Android users with an active Facebook or M-PESA account.
- Sign Up:
- Once downloaded, sign up using either your Facebook account or mobile phone number.
- Access Loans:
- Navigate to the menu icon, select ‘Apply for a loan’, and follow the instructions to receive your loan instantly into your M-PESA account.
- Repayment:
- Repay your loans through the app using Branch’s M-PESA Paybill number 998608 or directly via the app.
Note:
- Branch is operational in several other countries including Nigeria and India, offering tailored financial services to each region.
Branch Loan Defaulters:
- It’s important to manage your loan responsibly. Defaulters can be reported to the CRB as Branch is affiliated with Century MFB, which may affect your credit score.
Conclusion: The Branch loan app is your go-to digital financial partner in Kenya, offering quick, easy, and reliable access to personal loans. Designed to support individuals without traditional banking access, Branch ensures that financial services are inclusive and accessible.
Download the Branch loan app for quick and easy access to personal loans in Kenya. Enjoy features like zero processing fees and flexible loan terms with direct disbursement to M-PESA.
Whether you’re facing an unexpected expense or need capital to jumpstart a small project, Branch provides a reliable and user-friendly platform to secure the funds you need with just a few taps on your smartphone.