What Is Branch Loan App?
Branch Loan app is a Mobile Application That allows one to access Credit loans from your Phone.T he app is downladable from the Google Play store. Matt Flannery and Daniel Jung are the Co-Founders of Branch International.Matt is also the Ceo Of the Company. Dan Karuga is The Kenyan Branch Manager.
How Does Branch Work?
Bra nch International Uses machine learning algorithms to process numerous data entries and assess customers’ credit profiles, as well as, design tailored loan products. The Data is Assessed from a Customers Phone.
Data Assessed Include:
#GPS data
#Text Message Logs
#Contact Lists
#Mpesa Activity
#call logs
#Handset Details
#Social Network Data
To Access the above Information Branch asks For permission from the owner.
Who Is Legible For a branch Loan
To Qualify for A branch Laon here are some requirements:
#A Safaricom line that is registered with Mpesa
#A Smartphone – Android-enabled
#National ID number
Branch loan App
How To Apply For a branch Loan
1. Download the Branch app
Use your Android phone to download Branch from the Google Play store.
2. Create your account
Fill out a simple form in under 30 seconds and submit for a quick review
3. Apply for the loan that meets your needs
Loans are conveniently sent to your mobile money or bank account in minutes.
4. Receive the loan into your account
Repay with your mobile account. Build your credit to unlock larger loans.
Why was I rejected for a loan?
If you don’t get accepted when you apply, don’t worry! Sometimes it may take several attempts to qualify for a loan. We encourage you to continue saving data on your phone and to reapply after the period stipulated.
Branch Loan App Download Link
Follow This Link To Download Branch Loan App
How Long It takes approve A branch Loan On the Branch Loan App?
Branch Aims to process all loans within 24 hours. On average Branch Loan App process loans in less than 3 hours and hope to reduce that to a few minutes.
How To repay A loan From Branch Loan app?
Pay Using Mpesa
- Go to Mpesa then Click on Lipa na Mpesa.
- Choose Playbill.
- Enter Paybill number as 998608.
- Enter your Mpesa Phone number as the Account Number.
- Enter the Amount you want to repay.
- Enter your Mpesa Pin and Confirm the Transaction.
Pay With ATM Card Online
- Enter the loan amount you wish to pay.For the ‘Payment Notes ‘ space, input the bank account you registered with on branch.
- Select Pay by Card.
- Enter your name, mobile phone number, and email address.
- Select Complete Payment with Card.
- Enter your card details.