Tala Instant Loan Kenya Guide

About Tala Instant Loan Kenya Guide

Tala Instant loans or emergency loans is real fast and relaxed way to get loans directly to your m-pesa, ipesa, tigopesa and peso loan. Tala Kenya is one of the main loan services in Kenya and in Mexico, Philippines, India and some of African Countries as well.

This is one of the best guide Application for receiving tala loan instantly to your m-pesa. If you really need loan then you must have read all the key requirement for tala instant loan directly to your m-pesa. Full guide is provided in this app from a to z. To know further about tala instant loan to your m-pesa account then you must have to download and install this app for all single requirement.

Details of the Loan are as follows:
1. Terms of Loan:- 61-364 Days
2. Loan Amount: KSh 1000 to KSh 30,000
3. Maximum annual fee rate (APR): 109.50% to 219.00%
4. Daily Interest rate: 0.3% to 0.6%

Example of Actual Loan Cost:
--> Loan Amount: KSh 4,000
--> Repayment Term: 61 Days
--> Interest Rate: 18%
--> Loan Origination Fees: KSh 864
--> Total Repayment Every Month: KSh 4864

PERSONAL LINE OF CREDIT TERMS:
--> Credit limit amounts: KSh 1,000 to KSh 30,000
--> Daily interest rate: 0.3%-0.6% plus 20% excise tax on your daily interest
--> Minimum Annual Percentage Rate (APR): 109.50%
--> Maximum Annual Percentage Rate (APR): 219.00%
--> Late payment interest: 8% of outstanding amount due plus 20% excise tax on that 8%

Example Interest:
For a borrower who receives KSh 4,000 and repays after 61 days, they would owe interest of 18% (or KSh 720) and excise tax of 20% of interest (or KSh 144), and so a total payment of KSh 4,864.

So KSh 4,000 (borrowed amount) + KSh 720 (interest)+ KSh 144 (excise tax) = KSh 4,864 (total payment)


Product Advantages:
--> Age: 18+ is enough
--> No need to wait for long time
--> 24/7 support available
--> Information security
--> Multiple privacy protections to prevent disclosure


App contains
1) Guide for tala instant Loan.
2) know about Payday loan.
3) know about how the Payday Loans work.
4) Every Single tip about PayDay Loan Process.

Disclaimar:
This is NOT an official app and this app is not affiliated with UIDAI. This App Is Only Guideline for getting tala loans. This is not the official application for any government/UIDAI scheme nor associated with any Govt body. So please do not treat this as official application.