RapidMoney Zambia: Get Cash Loans Quickly and Easily

1.1.2
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3.4/5 Votes: 10
Updated
March 19, 2024
Size
4.5 Mb
Version
1.1.2
Requirements
5.0+
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Google Play
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Description

RapidMoney Zambia Loan App is a leading online lending platform in Zambia that provides quick and easy access to loans for individuals in need. With a fully online process and 24/7 availability, RapidMoney offers a convenient and secure solution for financial needs.

Why Choose RapidMoney Zambia app?

  • 24/7 Access to Loans: Apply for a loan anytime, anywhere, right from your mobile phone.
  • Secure and Private: RapidMoney uses advanced data encryption technology to protect your personal and financial information.
  • 100% Online Process: No need to visit a physical branch or submit paperwork. The entire process is completed online.
  • Excellent Customer Service: Our dedicated customer support team is available to assist you with any questions or concerns.

Product Details:

  • Loan Amount: K100 to K20,000
  • Loan Tenure: 91-365 days
  • APR: Not more than 24% per annum (Daily markup not exceeding 0.06%)

Example:

For a loan amount of K10,000 with a tenure of 180 days, the calculation of fees is as follows:

  • Total markup to be paid: K10,000 * 24%/365*180 = K1,184
  • Total repayment amount: K10,000 + K10,000 * 24%/365*180 = K11,184
  • Monthly repayment amount: K11,184 / 6 = K1,864 (i.e. (K10,000 + K10,000 * 24%/365*180)/6)

Eligibility Criteria:

  • Age: 18-55 years
  • Zambian citizen
  • Monthly income

How to Apply for a Loan:

  1. Download the Rapid Money app from the Google Play Store on your mobile phone.
  2. Register with your mobile number.
  3. Fill in your personal information, take a clear photo of yourself, and submit your application.
  4. Wait for approval, and the disbursement will be initiated.

Customer Contact

Email: help@rapidmoneyapp.com Address: ROOM 5th FLOOR 502 -505 BUILDERS HOUSE, LUSAKA., LUSAKA PROVINCE, ZAMBIA

FAQ

Q1. What is the maximum loan amount I can apply for?

A1. The maximum loan amount you can apply for is K20,000.

Q2. What is the minimum loan tenure?

A2. The minimum loan tenure is 91 days.

Q3. What are the interest rates and fees charged?

A3. The APR is not more than 24% per annum, and the daily markup does not exceed 0.06%.

Q4. How long does it take to get a loan approved?

A4. The loan approval process typically takes a few minutes.

Q5. How can I repay my loan?

A5. You can repay your loan through various channels, including mobile money, bank transfer, and Airtel branches.

RapidMoney Loan App is committed to providing a safe, convenient, and affordable lending solution to individuals in Zambia. With its quick and easy loan application process, 24/7 availability, and excellent customer service, RapidMoney is the ideal choice for your financial needs.

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