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Send money to other mobile money services such as safaricoms m pesa orange money and airtel money.
Cash loans scottsdale az. Co operative bank of kenyas net profits in the first nine months of 2020 have dropped by 10 per cent due. Whether you want to make a major purchase finance a wedding or pay school fees a co op bank personal loan is a simple and convenient borrowing solution to help you reach your goals. Other interesting services available on the mobile platform include.
Registered in england and wales no990937. The loan amount is deposited in your mco opcash account less a one off appraisal fee of 3 of the loan amount applied for commission of 1083 of loan amount applied and 20 excise duty of the total commission charged. Box 101 1 balloon street manchester m60 4ep.
The nairobi securities exchange listed bank thursday unveiled m co op cash a mobile based platform offering small loans account opening utility payments funds transfer airtime top up and cash withdrawal services. To get a loan you need to be a co op bank customer and you have to have the mco op cash app on either the google play store or the ios app store. About the bank popularly known as high tech bank or often called the banking supermarket of south gujarat the bank built a concrete foundation on business parameters kept on adding more more social services in the entire area of operation with sincerity honesty of the staff.
The main advantage of m co op cash is that there are no processing charges and the application process is easy and convenient. The co operative bank of kenya offers loans of between 100 to 2000 for personal use and 5000 to 50000 for businesses via mco op cash. Mcoop cash app enables co operative bank of kenya customers access to the below services access their account balancestransfer cash from their mco op cash account to mpesa airtel.
It also allows them access to airtime purchase from m coop cash account among other services. Co op bank group md and ceo gideon muriuki during the virtual bank agm october 22 2020. You can borrow from ksh 3000 to a maximum of ksh 100000.
The co operative bank platform smile and britannia are trading names of the co operative bank plc po. Co operative bank launched its mobile banking service that enables customers to borrow loans through their phones in a direct challenge to m shwari and equity banks system. You can also access it by dialing 667 on your phone.
Our overdrafts and credit cards are provided by the co operative bank plc. You can withdraw cash at any co op bank atm or co op kwa jirani agent. Go ahead and dream big.
And are subject to status and our lending policy. Currently the app allows for loans of up to sh.
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