How to Apply For Tala Loan

How to Apply For Tala Loan, How to pay Tala loan using M-Pesa, Tala loan app, Tala paybill number
tala loan

Below is a simple guide on how to apply for Tala loan and how to pay Tala loan using M-Pesa. Tala, formerly Mpoko Rahisi, is a mobile loan application that was founded by Shivani Siroya, who is also the CEO.

Tala is a product of Inventure and has over 5 million downloads on Google Play Store. The app also allows their customers to borrow up to Ksh. 50,000.

How to Apply For Tala Loan

  • Download and install Tala loan application on your android phone.
  • Create an account on the app and answer the questions so as to know if you are qualified for a loan or not.
  • Successful loan applicants can choose if they want to repay their Tala loan in two instalments within a period of month or full amount end month.
  • Once your loan has been approved, the money will be credited to your Mpesa via the number you used during registration.
  • Please note that your loan limit will increase if you pay your Tala loan right on time.

How to Pay Tala Loan Using M-Pesa

  • Go to M-Pesa menu on your smart phone.
  • Select Lipa na M-Pesa option.
  • Choose Paybill.
  • Select Enter Business no.
  • On the business no section enter Tala paybill number 851900.
  • On the account number section enter your phone number.
  • Enter loan amount.
  • Key in your M-Pesa pin number and confirm if all the details you’ve entered are correct.
  • Submit the information.
  • You will receive a confirmation message from M-Pesa and Tala loan.

Conclusion

We hope that this simple guide on how to apply for Tala loan and how to pay Tala loan using M-Pesa has been of great help to you.

READ :  How to Pay Tala Loan Using M-Pesa

Be the first to comment

Leave a Reply

Your email address will not be published.


*