Our mobile loan solution allows NIC Mobile banking customers’ access to instant low-cost loans on a self-service basis anytime, anywhere. It provides a convenient and cost-effective avenue to meet short term financial needs.
Click HERE to view the terms and conditions
Dial *488# and follow the steps or access it through the NIC NOW App.
The minimum amount you can hold in your account at any given time is KES. 1000.
Dial *488# or check on the NIC NOW App and choose the option “check loan limit”
The rate is fixed at 13.5% per annum.
A processing fee of 4% subject to excise duty.
Dial *488# or access the NIC NOW App and choose the option “repay loan”
You can only have one loan at a time. Loan top-ups do not apply.
The minimum you can borrow is KES. 1,000.