Tala as we know it is a mobile app that lets you borrow loans of up to Ks50,000. Many people often ask me about Tala loan application form, to answer this question I came up with this conclusive post about Tala application form. Actually, the form is right inside the app after downloading and installing it on your Android phone, since Tala has not developed an IOS app yet.
What you need to do to access loaning services from Tala is to download the Tala app on your smartphone and proceed to apply for the loan you want right away. Because the loan will be disbursed through M-Pesa, you need a registered and active Safaricom line as well. The modern easy-to-use app is helping thousands of Kenyans get access to loans for their business, pay school fees, house rent, medical bills, or any other emergency without having to engage with a bank, a loan shark, or a friend for help.
How to Install Tala App on your phone
Here are the steps:
- Go to Google Play store
- Search for TALA
- Click Install
- Wait for download to be completed
- You are ready to Use the app
Now without further ado ladies and gentlemen, let us see how to apply for a loan via TALA app;
1.Open Tala app
2. Click on “I am new” button
3.Enter your Mpesa enabled phone number
4. Wait for a confirmation message from TALA
5.Set TALA PIN that you will use to access your account
6. You will be able to apply for a loan, new users may be giver Ks500 for the start.
Tala loan contacts
- Tala email address: email@example.com
- You can use the chat on the app
- Use Tala Kenya Facebook page
- Use Tala twitter account.
- SMS to 21991.
So if you are looking for TALA application form, you know how to go about it and get a loan today. Any other thing let us discuss on the comment section below.
Tala Loan App Advantages
Once you are already qualified for a Tala loan, the disbursement is fast hence making it reliable for emergency loans.
Sufficient repayment time even if your loan repayment date is overdue.
Loan defaulters in Tala are given a grace duration of 60 days before being blacklisted.
Tala loan app gives scheduled loan notification of repayments to their customers.
Tala Loan App Disadvantages
There are High loan Interest rates compared to some other free loan app operators out there.
With Varying interest rates from one client to another and credit limit, it is challenging to determine your loan interest rate.
Please remember that all non-performing loans of over 90 days overdue are listed as defaulters in CRB as provided in section 18 of the Credit Reference Bureau Regulations ACT 2013.