BoseApa loan apk

2.0
Download
3.6/5 Votes: 12
Developer
Boseapa Solutions
Updated
June 03, 2023
Size
17 mb
Version
2.0
Requirements
5.0+
Report this app

Images

Description

apktoko.net-Are you in need of quick cash in Ghana? Look no further than Boseapa loan apk! With loan amounts ranging from GHS6,500 to GHS700,000, Boseapa offers a convenient solution to your financial needs. Whether you require a short-term loan or a longer repayment period, Boseapa has you covered. Let’s explore the loan details, eligibility requirements, and how to apply.

Loan Amounts and Repayment Terms

Boseapa provides flexible loan options to suit your specific requirements. The loan amounts range from GHS6,500 to GHS700,000, allowing you to borrow an amount that fits your financial situation. The repayment terms also cater to your preferences, with the shortest tenure being 91 days and the longest being 365 days.

Transparent Interest Rates and Fees

When it comes to loans, understanding the interest rates and fees is crucial. Boseapa ensures transparency by offering a daily interest rate of 0.057%, resulting in a maximum annual interest rate (APR) of 20.80%. Additionally, Boseapa does not charge any service fees, allowing you to focus solely on repaying your loan without any hidden costs.

Loan Calculation Example

To illustrate how the loan calculation works, let’s consider a scenario where you choose a 12-month loan with a principal amount of GHS100,000. Here’s a breakdown of the details:

  • Loan principal amount: GHS100,000
  • Daily interest rate: 0.057%
  • Loan tenure: 12 months

To calculate the interest and total amount, we use the following formula: Total interest = Loan principal amount * Daily interest rate * Loan tenure

In this case, the calculation would be: Total interest = 100,000 * 0.057% * 365 = GHS2,094.00

Service fee = Loan principal * Fees rate = (100,000 * 0) = GHS0.00

Monthly repayment = (Loan principal + Total interest) / (Loan tenure in days / 30) Monthly repayment = (100,000 + 2,094.00) / (365 / 30) = GHS9,780.00

Total repayment amount = Loan principal + Total interest + Service fee Total repayment amount = 100,000 + 2,094.00 + 0.00 = GHS102,094.00

How to Get Started with Boseapa

To begin your loan application with Boseapa, follow these simple steps:

  1. Download the boseapa loan apk app through third-party sites as it is currently not available on the Playstore.
  2. Register using your personal information, ensuring that all details provided are accurate.
  3. Submit your loan application and await the review result.
  4. Once your loan application is approved, the funds will be disbursed directly into your account.

Loan Eligibility Criteria

To be eligible for a loan with boseapa loan apk, you need to meet the following criteria:

  1. You must be a Ghanaian citizen.
  2. Your age should be between 20 and 55 years old.
  3. You must have a monthly income.

Security and Privacy Assurance in Boseapa loan apk

At Boseapa, your security and privacy are of utmost importance. All transactions are secured using SSL encryption, ensuring that your data is transferred safely over protected connections. Rest assured that all user information will be strictly encrypted, and Boseapa promises not to disclose any personal privacy information to third parties. Your information will only be evaluated for your personal loan eligibility and will never be used for any other purposes.

Contact Boseapa loan apk

If you have any queries or need further assistance, feel free to reach out to Boseapa’s customer service:

  • Customer Service Email: service@boseapa.com
  • Customer Service Hotline: +233 500582505
  • Address: Holy Cross Catholic Church, Tamale, Ghana

Conclusion

Boseapa offers a reliable and efficient solution for obtaining quick loans in Ghana. With loan amounts ranging from GHS6,500 to GHS700,000, flexible repayment terms, and transparent interest rates, Boseapa is committed to helping you meet your financial needs. Download the app today and experience the convenience of borrowing with Boseapa.

See Also:

Leave a Reply

Discover more from Download App Android free

Subscribe now to keep reading and get access to the full archive.

Continue reading