- No registration fees
- Easy loan application process
- Short approval wait time
- High interest charges
- Short repayment period
- Interest deducted before disbursement
- Calls phonebook contacts
- Unreliable systems
- Persistent calls before due date
InstarCash loan app is offered by CashinStar. The InstarCash with over 100K+ downloads as well as a 3.4 star rating with 3.3K+ reviews can be downloaded from the Playstore by all Kenyans over the age of 18 with a valid national ID card.
InstarCash Loan App Download And Registration
Download, install and launch the InstarCash loan app [ Playstore ]
Agree to the various permission requests set by the app which include; application list, contacts, SMS, location, device info, storage and photo info.
Read and agree to the Privacy agreement
Click on the ‘Apply’ button
Enter your phone number then input the SMS verification code sent to your phone in the OTP field
Click on the ‘Apply’ button once more to begin the registration process of providing your basic and contact info such as; full names, ID card number, gender, birthday, marital status, education, occupation, home address, income and personal contact details as well as referees.
How To Apply For InstarCash Loan
On the loan confirmation page, the loan details are summarized in terms of loan amount, duration, receive/payment amount, collection account, comprehensive service fee, overdue liquidated damages and overdue management fee.
Once done, click ‘Submit’ to finalize the loan application process.
InstarCash Loan Amount, Interest Rate And Repayment Duration.
InstarCash loan limits are from Ksh1,000 to Ksh20,000 repayable within 8 days at 32% interest rate.
The loan amount received will be less than the amount applied for since the app deducts the interest prior to disbursements.
How To Contact InstarCash Customer Support
Categories: Loan Apps - Kenya