Okash Loan | Requirements | Interest Rate | How to Apply | No collateral

Here's how to get an okash loan in Nigeria and Kenya in 5 minutes without collateral. You can get up to N50,000 and Ksh 500,000 with low interest rate and repay at your convenience with 3 - 12 months repayment terms.

Okash loan

Okash is a micro-lending product of Opay, a fintech subsidiary of Opera group, the owner of the Opera mini web browser. They are offering loans to individuals, salary earners or small scale business owners through the okash loan app which can be downloaded and installed via the Google play store in Nigeria and Kenya.

Table of Contents
  • Requirements
  • How it works
  • Benefits
  • How to apply
  • Interest rate
  • Loan limits
  • Okash app download
  • How to repay your loan
  • Other features of the okash app
  • Okash loan review
  • Contact details
  • Conclusion

Okash Loan Requirements in Nigeria and Kenya

Before applying for a loan on the okash loan app, make sure to provide these following requirements:
  1. Bank Account or M-PESA Account.
  2. Provide valid means of identification.
  3. You must be age 20 years - 55 years.
  4. Provide your monthly income.
  5. Provide your phone number linked to your bank or M-PESA account.

How Okash Loan Works

Okash loan works in the following ways:
  • Download and install the okash app from Google play store.
  • Register by creating an account.
  • Apply for loans.
  • Receive your loans.
  • Repay your loans.

Benefits of using the okash loan app

  • No hidden charges.
  • No collateral or documentation.
  • It is fast, secured, reliable and very easy to use.
  • Good customer service team.
  • Loan disbursement takes place within 5 minutes.
  • You can borrow up to N50,000, Ksh 500,000 in Nigeria and Kenya.

How to get a loan from okash in Nigeria and Kenya

Follow these ways to get a loan from okash instantly:
  1. Install the okash app via Google play store.
  2. Register by creating an account.
  3. Login to the okash app.
  4. View your loan limits and select amount.
  5. Choose your loan duration and click "apply".
  6. Loan disbursement takes place within 5 minutes of applying.
  7. Repay on time to increase your loan limits.
Note: Okash might access your phone for the permission of, but not limited to the following: contacts, SMS history, location, camera and calendar to determine your loan offer and interest rate.

Okash Loan Interest Rate In Nigeria, Kenya

Okash charges and interest rate of 0.1% - 1% daily with an APR of 36.5% per annum. With a one time origination fee ranges from N1,229 - N6,000 in Nigeria and Ksh. 100 - Ksh. 600 in Kenya.

Okash Loan Limits in Kenya, Nigeria

Okash loan limits in Kenya and Nigeria is Ksh 500,000 and N50,000 with it's repayment tenor ranges from 91 days - 365 days.

Okash Loan App Download in Kenya and Nigeria

Okash loan

Click here for Kenyans or here for Nigerians to take you to Google play store where you are expected to hit the install button to download the okash loan app.

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How to repay Okash loan in Nigeria, Kenya

Quickly follow these steps to repay your loans:
  1. Login to the okash app
  2.  Click on "make a repayment" option.
  3. Fill in the required details
  4. Cross-check for the accuracy of the attached details.
  5. Click on the "repay" button.
  6. Once the transaction is successful, you will receive a notification message to confirm that the loan has been repaid.
Note: Okash also make use of Auto debit system that quickly deducts your loan balance on it's due date(s).

Other Features of the Okash App

Facial Recognition

Okash loan

In a bid to tighten security on the app and protect your personal data/information, Okash added a facial recognition feature. You will set up this feature by uploading a selfie and photos of the back and front of your ID. Note: you will not receive a loan via the app unless Okash can authenticate your identity.

Referral Code Bonus

Okash has a referral link/code which you can use to invite people into the company and get paid once someone click on your link, register, borrow loans and repay on time.

Okash Loan Review

Okash loan

Okash is a product of the Opera mini web browser to offer loans to Nigerian, Kenyan and India individuals to take care of their unwanted/wanted personal issues.

Okash app in Nigeria is presented by Blue Ridge Microfinance Bank LTD. Where as, in Kenya, it is presented by onespot technology investment LTD. All your personal details/informations are 100% secured while using the okash app and can never be revealed to third party.

Okash Loan Customer Care Service

For issues or help, please send a mail at support@o-kash.com; or help@o-kash.com with your registered phone number in the subject.
You can dial +2348097755512 or +254207659988.


With okash loan app, you can easily apply for loans without collateral. Please try to borrow only what you can repay to avoid any penalties or you being reported to the national credit bureau (NCB).

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