Umba Loan App Download Apk Free for Android 2024
| Developer | Umba Technology |
| Released on | May 7, 2017 |
| Updated | May 20, 2024 |
| Size | 19.2 MB |
| Version | 1.36.0 |
| Requirements | 7.0 |
| Downloads | 1,000,000+ |
| Get it on |  |
Description
Welcome to the Umba Loan App, where banking meets convenience and affordability in Nigeria’s dynamic financial landscape. Are you tired of hidden fees and limited services? Say goodbye to traditional banking hassles and hello to a seamless banking experience with Umba!
Umba Loan App Download Apk Free for Android 2024
Umba Loan App allows users to apply, drawdown and repay loans directly from their smartphone. Once an individual is verified, we make lending decisions based on an assigned risk rating.
What do people use the Umba Loan App for? Plenty of things, like:
Getting a Mobile Money Loan
Apply mobile money loan in seconds. Receive mobile money to your M-Pesa account.
Finance a Utility Bill
Add your utility accounts in the Umba Loan App and finance your utility bills! Pay for water, electricity, internet, and more.
Transferring Money
A secure and fast way to send money! Pay Utility Bills in other countries with a few taps.
Earn N250 for every friend you refer to Umba!
Why choose the Umba Loan App? Let us walk you through the benefits:
- Zero Fees, Zero Worries: With Umba, there are no unnecessary charges eating away at your hard-earned money. Enjoy the freedom of unlimited free transfers to any Nigerian bank, without worrying about hidden fees.
- Smart & Affordable Loans: Need financial assistance? Umba offers smart and affordable loans tailored to suit your needs. Benefit from low-interest rates and flexible repayment options, ensuring that borrowing is stress-free.
- Oze Sme Loan App Download Free for Android 2024
- Spend & Earn: Imagine a bank that rewards you for your transactions. With Umba, it’s not just a dream – it’s a reality. Earn up to 3% cashback on every bill payment and airtime purchase. Plus, receive ₦10 when you refer a friend or family member. Detailed earnings and analytics are readily available on the rewards tab of the app.
- Safety First: Your security is our priority. Umba ensures the safety of your funds through highly secured measures and strict data privacy compliance. From security pins (OTP) to photo verification processes, rest assured that your financial information is protected.
IT’S EASY TO GET STARTED
Create your account
Apply in seconds
Receive an Umba Loan app
Increase your loan limit every time you repay a loan on time
KEY UMBA FEATURES: LOANS ARE JUST A TOUCH AWAY
Umba Loan App puts you in control of your finances. The Umba app lets you apply for credit on the go and it works 24/7.
Pezesha Loan App Download Apk Latest for Android Users 2024
No paperwork, collateral or office visits needed
You can use your Umba loan to send money directly to your M-Pesa account, to merchants, or utility providers
No late charges or rollover fees
Get access to bigger loans, lower fees, and flexible payment terms as you repay
Loans are approved and disbursed quickly
Get access to credit to build the life you want — for your business, your home, your family, your life.
REFERRAL PROGRAM
Get N250 free every time you refer friends and family to Umba using your unique referral link or UmbaTag. The person you referred will also receive N250. Grow your wealth and the Umba community!
RATES AND FEES
Loan amounts and interest rates vary by country.
Limits and fees on transactions vary based on type of transaction including transaction history, payout location, payment instrument, and delivery method.
Kenya
Loans are not active in Kenya.
Nigeria
Minimum and maximum period of repayment: 62 days
Maximum APR = 10%
Additional fees: None
For example, for a loan with a principal amount of 10,000 Nairas, there is an applicable fee of 10% (1,000 Nairas) and the total amount due would be 11,000 Nairas.
No late fees, rollover charges or origination fees. Currently our amounts range from 2,000 to 30,000 Nairas.
Ready to experience the Umba Loan App difference? Joining the Umba tribe is as easy as 1-2-3:
Step 1: Download the Umba Loan App from the app store and open an account. Step 2: Complete the registration process by following the step-by-step prompts and verifying your identity with a valid ID (Driver’s license, International passport, Voter’s or National ID card) and basic requirements such as a utility bill and BVN/NIN. Step 3: Fund your Umba account via debit card or transfer money from another bank, and start transacting to earn rewards.
But that’s not all – Umba is more than just a banking app. Stay tuned for exciting updates on Umba Business, because we’re up to something big!
CONTACT US
We love hearing from our customers so please let us know on the details below if you have any questions or comments.
Questions? Our Customer Experience Team provides excellent support for your financial needs, from 8AM-5PM, Monday through Friday. Message us within the app and receive an answer in minutes!
EMAIL: support@umba.com
FACEBOOK: facebook.com/umbamobile
WEB: www.umba.com
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