How to Acess Opay Loan (Okash Loan) 2022

How to Acess Opay Loan (Okash Loan) 2022: The process of borrowing money in Nigeria is simple, because of the explosion of loan companies online in the past few years. These firms offer fast short-term, cash-flow-based loans for their clients without requiring any collateral. Today it is easy to get loans for students from Nigeria, payday loan and more.


Opay Loan

Opay Loan

About Opay

The company was founded by the Internet company Opera, OPay is a mobile-based platform that provides essential services like payments commercial transportation as well as food and grocery delivery as well as other services.


OPay is an abbreviation for Opera Pay. It’s an online payment system that allows you to perform various transactions. It includes buying airtime or data, purchasing data, signing up for Pay TV, paying electric bills and hailing a rider using OCar and OTrike and food delivery using OFood and transferring funds, sending and receiving payments with QR, investing through OWealth and lending services through the OKash loan as well as financing your gambling account, listing the items and services using OList and creating an online presence using Oleads.

How to borrow money from Opay

It is the first thing to do downloading first the OKash loan mobile application. Sign up for an account, and fill in the information required and it will take just five minutes to finish the registration. You will receive a phone call or text confirmation.

If you want to apply for a loan through the app, and read these Terms and Conditions, and pay attention to the interest rate and due date. If you agree with what you read above you can confirm your loan application and you’ll get the money in a matter of few minutes.

Opay Loan App Review (Okash Loan)

Okash loan is a loan app in Nigeria from the OPay group. With this platform, you can get a loan in Nigeria at any time within minutes.


  1. Fast and secure processing of loan payments
  2. No collateral and deposit requirements.
  3. Easy sign-up process
  4. They offer incentives such as bonuses from time to time.
  5. You can do the whole process online on your mobile phone. You don’t have to pay a physical visit.


  1. Privacy concerns
  2. Cost of loan repayment is high. There are other cheaper options
  3. Loans are for short-term
  4. It has a maximum amount you can borrow.

Maximum or Minimum Amount You Can Borrow

The maximum amount you’re able to make an application for in any one moment on OKash is N 50,000. You may apply for loans starting as small as N 3000.

Opay Loan (Okash Loan) Requirement

The procedure to apply to get an OPay loan is straightforward. OPay is a loan program that targets Nigerians of all ages and does not have any strict requirements that the typical Nigerian cannot take out a loan.

  1. It is essential that the applicant be Nigerian resident
  2. The age of the applicant must be between 20 to 55 years.
  3. The borrower must have a monthly source of income or provide the reason for the reason he or she needs the loan.
  4. Valid ID Card
  5. BVN Number (see how to check BVN)

Opay Loan (Okash Loan) Interest Rate

The interest rate for a day is between 0.1 percent between 1% and 0.1% whereas the annual rate of interest is between 36.5% to 360 percent. Beyond that the loan will require you the expense of paying an origination charge on your loan, which can range between N 1299 to N 6000. The loan’s duration is one month for the shorter term and one year for the longest term.

How To Repay Opay Loan (Okash Loan)

  • Start your mobile app
  • Log in to your account
  • Click on the button that reads “make a payment”
  • Include all the necessary information
  • Click on the “repay” button

It’s important to know that the platform utilizes an automated debiting system that will automatically charge your account from your bank when are due to pay your loan. It means that you don’t have to follow the steps mentioned above so in the event that you have enough amount of money within your accounts.

Opay Loan USSD Code

Its Opay USSD codes are *955#. This code works only if you have an account through the platform. This code gives you an effortless experience when you make transactions with your account.

OKash (a affiliate that is a part of OPay) can be described as a dependable loan service that provides rapid loan approval within Nigeria. Making an application for a loan via the app is quick and easy. The loan is credited to your account in a matter of just a few minutes.

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Mr Noni

The loyal guy from another planet, Whom always get what he always asked for. || Professional Blogger || The Main Man Behind concept.

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