This article aims to provide a detailed walkthrough of the step-by-step process involved in applying for a Kiakia loan. It will cover the essential requirements for eligibility and offer valuable tips to enhance your chances of approval.
There are several fake loan apps in Nigeria so it is necessary to confirm which one is legit and worth patronizing to avoid losing your hard-earned money in the name of interest rate.
What is KiaKia Loan?
KiaKia loan is a financial company which provides quick loan to users who are in need with interest in return. The loan app company works mostly online.
Kiakia Loans offers a convenient credit solution for individuals and small businesses who are in need of instant loans. The term “kiakia” translates to “fast” in English, reflecting the company’s commitment to providing quick and hassle-free loan options without the need for collateral.
Kiakia Loan Requirements
To meet the eligibility criteria for a Kiakia loan, there are certain requirements that must be fulfilled. Here are the important criteria to keep in mind:
- Age requirement: To qualify for a Kiakia loan, applicants must be at least 18 years old.
- Nigerian citizenship: Kiakia loans are exclusively available to Nigerian citizens or individuals who are currently residing in Nigeria.
- Bank account: It is necessary to have an active bank account with a recognized financial institution. This account will be used for loan disbursement and repayment purposes.
- Good credit Score: While Kiakia loans cater to individuals with various credit backgrounds, having a positive credit history improves your chances of loan approval.
- Valid identification: Prepare a valid form of identification such as a National Identification Card, Permanent Voter’s Card, or International Passport.
Kiakia Loan Interest Rate?
Kiakia stands out as one of the most preferred loan apps in Nigeria due to its highly competitive interest rates. Many individuals opt for Kiakia when seeking online lending solutions.
The interest rates offered by Kiakia typically range from 5% to 23%, making them incredibly attractive. To obtain the precise interest rate applicable to your loan, it is advisable to visit the Kiakia website during the application process. There, you will find the specific interest rate that applies to your loan amount and repayment terms.
By providing favorable interest rates, Kiakia ensures that borrowers can access loans at affordable rates, making them a popular choice among individuals seeking financial assistance.
How to Apply for Kiakia Loan
Follow the steps below to apply for KiaKia loan without collateral and get credited successfully into your bank account:
- Visit KiaKia loan website to create an account on Install the app on Google Playstore or iOS store
- Create account using your correct details.
- Start your loan application.
- Provide the required information including Bank Verification Number (BVN).
- Choose your preferred loan amount and date of repayment
- Link your bank account
- Accept the terms and conditions
- Wait for your loan disbursement
KiaKia Loan USSD Code
Kiakia loan has a USSD code for transaction if you are using a small phone for your loan application or other activities on the platform. The USSD code is *448#. Dial the code and start your loan application.
KiaKia Loan Repayment Date
The length of Kiakia’s repayment period is negotiable. You have between 7 and 31 days to pay back whatever money you borrowed. However, making early payments will benefit you and expand your borrowing possibilities.
Obtaining a loan from Kiakia is a simple process that can be carried out through either of their user-friendly mobile apps or websites. The first step is to download the KiaKia loan app or go to their website to register an account with proper details that match the data from your bank account.
After creating your account, go to the lending section. There, you will be taken through the application procedure, which includes supplying the required identification and BVN information, choosing the loan amount and payback schedule, and presenting documentation of your income.
To further simplify the process, you can choose to link your bank account. Before confirming your bank account, you must accept the terms and conditions after your loan application has been authorized.