Co-operative Bank Gives You Instant Salary Loan Via MCo-op Cash

It is slightly past mid-month. The time when most people keep looking at their calendars because they can’t wait for payday.

You try to save and account for every cent you earned, but it is pretty obvious that people with lower pay rate scales sometimes need to attend to urgent and important issues that need money.

There is a disparity between the cost of the standard of living and the competence of people to match it. It is, therefore, true that as much as we save and try as much as possible to use our money responsibly, life throws misfortunes our way sometimes, and our savings for emergencies sometimes is not enough.

The Co-operative Bank of Kenya offers its customers an instant salary loan via the mobile application MCo-op cash.

The best thing about MCo-op cash salary loan apart from getting if instantly is that you can apply for a maximum of 200,000 shillings or 1.5 times your net salary.

This means that if your net salary is 20,000 shillings, you can apply for 30,000 shillings, that is, 1.5 x 20,000.

When you get your loan, you can choose to repay it in full within the next one month or choose to repay it in three months (10,000 shillings each month).

To qualify, all you have to do is:

1. Dial *667# or use the MCo-opCash app
2. Register for MCo-op Cash (free of charge)
3. Link your salary account at the nearest branch
4. Apply for a loan

That is all you need to do to have your money instantly at the comfort of your home, by a touch of the button.

What’s more, you do not need any sort of security or guarantors. So, if you need quick cash today, Co-operative bank has your back.