Bank of Africa
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Go to WebsiteAbout Bank of Africa
Bank of Africa offers a range of loans, including personal loans, business loans, and mortgage loans. Their loans are designed to meet the diverse needs of their customers, with competitive interest rates and flexible repayment terms.
Amount
RWF 100,000 - RWF 4,000,000
Tenor
1 - 48 months
Min. Approval Time
24 hrs
Countries
Requirements
The basic requirements to apply for a loan on Bank of Africa include:
- • Be atleast 21 years old
- • Have a salary domicilated to bank of Africa current account for atleast 3 months
- • Be salaried and have a current account
- • Have a seniority of 3 months
- • Have a repayment ratio not exceeding 50% of net salary
How to Apply
To apply for a loan with Bank of Africa , visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
Alternatively, you can download the lender's app on Google Play Store.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Support Number
+243 846 000 507
Website
Facebook Url
Twitter Url
Lendsqr is not a lender and cannot provide loans directly. Our platform functions as a bridge connecting you with licensed lenders who may offer personal loans depending on their products. We showcase a list of these lenders and the loan options they provide.
While you can initiate the application process on Lendsqr, it's important to understand this simply starts the process with your chosen lender, not with Lendsqr.
FAQs
What channels can I use for free?
A web app - This is created immediately after they onboard and their customers can apply for loans via the app for free. They also get to use the admin console for free to manage their lending operations, however certain features are tied to plans so they might need to upgrade to have a more streamlined lending operation.
Can I get a custom app for my own preferences?
You can customize your web app to your preferences - the color, texts, how things appear to fix your business colors and brand. Mobile apps customized to your brand are on our paid plans and not readily available to users on the free tier.
I already have my own app, how can I still plug into Lendsqr’s infrastructure?
Lendsqr has APIs that you can utilize in your own app. We have a product, Adjutor that houses all our APIs without needing you to use Lendsqr's white-label apps
How do I get a demo or walkthrough for Lendsqr?
You can send an email to growth@lendsqr.com
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