🇺🇬 DoveCash Loan App - How To Apply, Repay, Interest rate, Contacts.
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DoveCash is among the digital loan apps in Uganda available in the playstore. Developed by DoveCash and availed in the playstore on July 2022, the app has a 4.0/5 star rating with 1.2K+ reviews and downloaded over 100,000 times.
Pros: App has a small size of about 19MB thus does not require much storage space.
Cons: App raises some privacy concerns due to its request for permission access to some of your phone’s crucial information such as SMS and contacts.
DoveCash Loan Requirements/Eligibility Criteria
To access the loan, you should hold Ugandan citizenship and be within the age range of between 18-60 years
DoveCash Loan Registration & Application
Download the DoveCash app from the playstore, create your account by providing all the registration details required within the available sections. Once your account has been created, proceed and apply for a loan.
Pros 1: Registration process is simple
Pros 2: Quick loan application, approval and disbursement process
DoveCash Loan Amount Limits
The amounts range from between UGX50,000 to UGX800,000
Pros 1: Loan limit increases upon timely repayments
Cons 1: Loan amount received is less compared to the actual approved loan amount since the service fee charge is deducted prior to disbursement. e.g If you apply for UGX10,000, you will receive around UGX6,000 and repay around UGX10,000
DoveCash Loan Interest Rate
Interest rates of around 30%
Cons: This interest rate is considered higher compared to other digital lenders.
DoveCash Loan Repayment Duration
The app has a loan repayment tenure period of eight (8) days
Cons 1: Incessant calls & SMS reminders regarding your loan due date
DoveCash Loan Contact