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All Things Tech And Health
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Summary
You can easily repay Zenka loan using Zenka Paybill number 979988
In this guide, I will guide you through how to repay Zenka’s loan with ease in 2024. Loaning apps in Kenya, including Zenka have been steadily growing with more and more Kenyans running to them to get them through tough financial situations. These loans look at your credit history to gauge your loan limit.
Zenka, also a credit loan app in Kenya, utilizes this credit history to know how much you qualify for. They also look at how you pay Zenka loans given to you in the past, to see if they can increase your loan limit, or reduce it. Therefore, paying your Zenka loan on time is a good way of increasing your loan limit and ensuring that you are able to qualify for more loans in future.
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Zenka has made it simple for its users to pay their Zenka loans via either the MPesa or the Zenka mobile application. I will take you through the various steps below.
To repay Zenka loan debt via the Zenka app:
To repay Zenka loan via Zenka Paybill number:
Note: when you successfully apply for a loan on Zenka and receive it, you have 61 days to repay Zenka loan through any of the methods I have provided above. This loan will be paid in two instalments, where the first payment instalment of the debt is paid after 30 days(A month) after borrowing, and then the next loan is paid after the next 31 days. For example, if you took a loan on the 1st of April 2023, your first instalment will be on the 31st of April, and then the final instalment will be on 30 May[1].
Also remember when paying, there is an interest rate of between 9% – 39% depending on the loan amount taken. This is charged on the principal amount taken. So don’t be alarmed when the amount you will be paying back is greater than the amount of money you were given when you took the loan. To know more, read the Terms and Conditions of Zenka which can be found on their website, whose link I have provided in the reference section.
Zenka Helpdesk Phone number : +254 (0) 207650878
Email Zenka Customer Care: [email protected]
Contact Zenka through their Facebook Page: @Zenka Kenya
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