Monday, September 21, 2020

This is the maximum Loan Branch can give in your country

    September 21, 2020   No comments

Branch International app

Branch International is one of the best loan app spread in several countries of the world helping customers with quick access to finances.

The app is currently available in Kenya, where it started, Nigeria, India and Mexico in Latin America.

In all countries the lender is known best for providing the fastest and affordable mobile loans with no hidden fees.

The lender does not charge any rollover fees, late payment fees or initiation fees at all.

But how much do you know branch gives as the maximum loan in those countries where the lender has presence?

Branch doesn't give the same amount of loans and also doesn't charge the same interest rates. These numbers vary greatly as per the country;

Loans and Rates for Kenya

Loan Amounts: Ksh 250 to Ksh 70,000
APR: 22% to 240%
Example Fees: For a loan of Ksh 10,000, a flat fee of Ksh 2,160. No late fees, rollover charges, or origination fees.

Loans and Rates for Nigeria

Loan Amounts: ₦1,000 to ₦200,000
APRs: 33% to 261%
Example Fees: For a loan of ₦40,000, a flat fee of ₦8,800. No late fees, rollover charges, or origination fees.

Loans and Rates for Mexico

Loan Amounts: $200 to $20,000
APR: 29% to 487%
Example Fees: For a loan of $3,250, a flat fee of $1,250. No late fees, rollover charges, or origination fees.

Loans and Rates for India

Loan Amounts: INR 750 to INR 50,000
APR: 31% to 36%
Example Fees: For a loan of INR 9,000, an interest fee of INR 548, a processing fee of INR 800, and GST of INR 144. No late fees or rollover charges.



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Mwabaya Katana

About Mwabaya Katana

Mwabaya Katana is a Finance Online Researcher and Writer.He is the founder of 'Loans Kenya' Blog.

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