Tala loan app is a loan app offered by Tala Mobile. The Tala loan app is available on the Google Playstore and is accessible to all Kenyans and has over 5M+ downloads as well as a 4.6/5 star rating with 373K+ reviews in the Playstore.

TALA LOAN REQUIREMENTS/ ELIGIBILITY

To be able to use the Tala loan app, one needs to own an android smartphone, be at least 18 years with a valid national ID and also be a registered Safaricom subscriber.

In addition, users must also grant the app permission to access your phone data in order to further ascertain the user’s eligibility.

TALA LOAN APP DOWNLOAD

• Download the Tala loan app from Google Playstore
• Fill out our quick loan application in the Tala mobile app
• Verify your identity through the secure system
• Get cash sent directly to your M-PESA in an instant

TALA LOAN AMOUNT LIMITS

Tala loan amounts range from Ksh500 to Ksh30,000

TALA LOAN INTEREST RATE

Tala loan attracts 5% to 15% depending on repayment duration i.e 5%-11% for 21 days and 7%-15% for 30 days.

TALA LOAN REPAYMENT DURATION

Tala loan offers a 30 day loan and a 21 day loan. You can repay all at once or make partial payments as long as you clear before or by your given due date.

REPAY TALA LOAN USING TALA PAYBILL NUMBER

To make Tala loan app repayments:

1. Go to your Safaricom menu and select M-PESA
2. From your M-PESA menu select Lipa na M-PESA
3. Select the Pay Bill option
4. Enter the business number 851900
5. Enter your Tala registered phone number as the account number
6. Enter your payment amount
7. Enter your M-PESA PIN
8. Confirm that all details are correct and press \’OK\’

TALA LOAN APP PERMISSIONS

TALA LOAN LATE REPAYMENT PENALTIES

If you do not repay within 7 days after your due date, we charge a fee of 8% on your remaining balance and you get 14 extra days to repay.

Missing Tala loan payments may result in fees, lower loan limits, or the inability to get a subsequent loan from us as well as other lenders.

TALA LOAN OVER PAYMENTS

If you are planning to take a new loan, we can credit the amount to your account so you will not have to pay the full amount next time. If you don’t want to take another loan, please send us the M-PESA confirmation message you received after making payments to enable us refund to your M-PESA.

TALA LOAN REPAYMENT DATE EXTENSION

Tala loan app offers a 7-day extension grace period from due date.

TALA LOAN CONTACTS

Official Website- https://tala.co.ke/

Facebook- https://www.facebook.com/talakenya/

Twitter- https://twitter.com/TalaKenya