How to Easily Get a Loan from the Lendplus Loan App
The Lendplus Loan App is one of the best loan apps in Kenya 2024, providing emergency loans through M-Pesa within just 15 minutes of approval. Its quick application process, requiring only a national ID and mobile phone, has made it one of the most popular mobile loan apps in Kenya.
This guide walks you through the features, eligibility requirements, and steps for applying for a loan with Lendplus, helping you understand why it’s among the cheapest loan apps in Kenya.
Lendplus Loan App Details
- Lendplus loan app between Ksh 1,000 and Ksh 50,000, making it ideal for both small and large financial needs.
- The Lendplus loan repayment period is between 61 and 365 days, including all loan extensions.
- Lendplus charges an interest rate of 2.2% per day, positioning it as one of the lowest interest rate loan apps in Kenya.
- Lendplus loans are approved in real-time and you receive funds in your M-Pesa account within 15 minutes.
- You have to be between 23 years and 60 years to qualify for a Lendplus loan.
- Lendplus loan app only approves loans to individuals currently employed or with a stable source of income.
- You have to be a Kenyan living in Kenya to qualify for a Lendplus loan.
- Only a national ID and a mobile phone is required when applying for a Lendplus loan.
- The Lendplus loan limit can be increased by making timely repayments, which increases your rating, in turn improving your credit history.
How to Apply For Mobile Loan with Lendplus Loan App
- Download Lendplus loan app
- Fill up the registration form with your details.
- Specify your desired loan amount and submit your application.
- Wait for Approval. Your application is reviewed in real-time, and if everything is in order, you get approved instantly!
- Once approved, the money is deposited directly to your M-Pesa account.
You can repay your Lendplus loan directly through the Lendplus loan app, anytime, anywhere.
If you fail to make any payments at the due date for payment, Aventus, who own the Lendplus loan app, will be authorised to apply late fees from time to time on such amount loaned to you at a rate to be communicated to you.
You can delete your Lendplus account and personal information at any time by contacting the Lendplus customer service center.
The Lendplus loan app is available to download from Google Play Store in any phone with Android 5.0 and up. It is also available on the Lendplus website for free.
For more options, check out our guide on The Top 10 Loan Apps With the Lowest Interest Rates in Kenya.
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