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- Fast
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- Anytime, anywhere
- No application costs
- No security
- No guarantors
- No wahala!
About Us
Fido cash Lending Limited (FIDO) is just a standard bank based in Accra, Ghana and certified by Bank of Ghana. FIDO provides without headaches loans that are short-term called FIDO Loans. Our clients can use for a FIDO Loan directly from their particular device that is mobile in FIDO’s branch and get a credit choice in a few minutes. The mortgage can be acquired to salaried, contracted and professionals that are self-employed. Simply a one-time verification of ID and mobile cash account is important before disbursement associated with cash. No security or guarantors are needed.
Faqs
Is FIDO authorized to give loans in Ghana? Yes. FIDO is certified because of the financial institution of Ghana to deliver loans. Do you know the costs to utilize Fido? There aren’t any UPFRONT FEES for making use of the FIDO mobile software or obtaining a FIDO Loan. We charge a processing cost that will be disclosed towards the customer ahead of accepting that loan, and therefore are paid just once you get the cash, whenever your loan arrives for payment. Exactly what do the FIDO is used by me Loan for? Clients may use the proceeds for just about any function, aside from unlawful activity. Which are the eligibility demands? To be eligible for a FIDO Loan, you’ll need a legitimate id and cellphone cash or bank-account.
- ID Type: Driver’s License, NHIA Membership, Voter ID, Nationwide ID or Passport
- Cellphone cash account: MTN Cellphone cash, Tigo money & Airtel Money registered in your title for at the very least 8 weeks.
- Banking account: Original bank declaration for a legitimate deposit account with a commercial bank in Ghana.
You need to be a resident in Ghana over 18 years old. Simply how much could be the interest? The attention prices for brand new clients begin at 14per cent for thirty days, the attention quantity is presented when you look at the software before using. Coming back clients having good reputation for spending your loans with Fido on time improve rate of interest on future loans, the cheapest rate of interest is 8% for 1 month. Just how long does it decide to try accept my demand? Within about a minute after distribution, a credit choice is likely to be shown from the display.
FIDO software evaluates each loan application and book the best to reject some applications. Your choice can’t be reversed and now we is only able to suggest you to definitely use once again after 14 days. My request had been authorized. Just just exactly What do i must do next? Please read carefully the instructions exhibited within the software as soon as the loan was authorized. The guidelines will inform you to either accept the mortgage contract inside the application to accomplish the procedure, or search for a branch for processing. Please see the Contact section for opening hours and guidelines to the branch. Where as soon as will my FIDO Loan be compensated? The loan is paid out instantly for MTN /Tigo Cash and 1 business day for all other methods after fully completing the process. We will inform you by SMS for the transfer. Exactly exactly How am I going to repay the FIDO Loan? If the loan becomes due, you are going to need to move the funds from your own wallet procedure that is following. To pay for with money, you can travel to any Zenith bank branch and deposit to FIDO’s account. Make sure to always utilize your Client ID for re payment.
| Money – Zenith bank | Tigo Money | MTN Cellphone Money | Airtel Cash |
| (needs to be from very own wallet) Dial: *170# Select: spend Bill choose: General Payment Enter Payment Code: Fido Enter Amount: Enter Reference: ********* Enter Pin Code: _ _ _ _ |
Dial: *500# choose: purchase Goods choose: Other Enter Merchant title: FIDO Enter Amount: ______ Enter Reference: ********* Enter Pin Code: _ _ _ _ |
What may happen if i cannot repay the FIDO Loan on-time? Please call us with any problems linked to the repayment of your FIDO Loan. Clients will likely to be charged extra charges for belated repayments. Fido reserves the ability to just just simply take any appropriate action to recover outstanding debts and report delinquent borrowers towards the appropriate agencies and/or authorities. What’s the min/max loan quantity? Very first time borrowers meet the criteria for no more than 200 GHC to be compensated within 10 to 33 times. The mortgage term should be selected into the application whenever using.
Having to pay your loan on time will get you an increased quantity and paid off interest as https://www.speedyloan.net/payday-loans-nd the ladder is climbed by you as much as at the most 1000 GHS.
