Complimentary app for Android Os
- Fast
- Easy
- Secure
- Anytime, anywhere
- No application charges
- No security
- No guarantors
- No wahala!
About Us
Fido cash Lending Limited (FIDO) is really 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 the FIDO Loan straight from their very own device that is mobile in FIDO’s branch and get a credit decision within a few minutes. The mortgage can be acquired to salaried, contracted and self-employed experts. Only a one-time verification of ID and mobile cash account is necessary before disbursement regarding the money. No security or guarantors are expected.
Faqs
Is FIDO authorized to produce loans in Ghana? Yes. FIDO is certified by the Bank of Ghana to deliver loans. Exactly what are the costs to utilize Fido? There aren’t any UPFRONT FEES for making use of the FIDO mobile application or trying to get a FIDO Loan. We charge a processing cost that will be disclosed towards the consumer just before accepting that loan, and are also paid just once you get the cash, if your loan flow from for payment. Exactly what do I prefer the FIDO Loan for? Clients may use the proceeds for just about any function, aside from unlawful task. Which are the eligibility needs? To be eligible for a FIDO Loan, you will need a valid id and mobile cash or banking 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: initial bank statement for a legitimate deposit account by having a commercial bank in Ghana.
You truly must be a resident in Ghana over 18 years old. Just how much may be the interest? The attention rates for brand new clients begin at 14per cent for thirty day period, the attention quantity is presented into the application before you apply. Coming back clients having good reputation for having to pay 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 try approve my demand? Within about a minute after submission, a credit choice is going to be shown in the display.
FIDO application evaluates each loan reserve and application the ability to reject some applications. Your decision may not be reversed and now we can simply suggest one to use once again after 14 days. My demand had been authorized. Exactly exactly What do i must do next? Please read carefully the instructions exhibited within the software if the loan was approved. The instructions will either let you know to accept the mortgage contract in the application to perform the method, or go to a branch for processing. Please see the Contact section for opening hours and guidelines to your 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 shall alert you by SMS for the transfer. Just just just How can I repay the FIDO Loan? If the loan becomes due, you will need to move the income from your own wallet procedure that is following. To pay for with money, you can travel to any Zenith bank deposit and branch to FIDO’s account. Make sure to always utilize your Client ID for re re re payment.
| Money – Zenith bank | Tigo Money | MTN Cellphone Money | Airtel Cash |
| (Must be from very very own wallet) Dial: *170# Select: spend Bill Select: 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 presssing problems pertaining to the payment of your FIDO Loan. Clients is likely to be charged extra penalties for late repayments. Fido reserves the proper to just simply take any action that is legal recover outstanding debts and report delinquent borrowers into the appropriate agencies and/or authorities. What’s the min/max loan quantity? Very first time borrowers meet the criteria for a maximum of 200 GHC to be compensated within 10 to 33 times. The mortgage term needs to be chosen when you look at the software whenever using.
Having to pay your loan on time will get you an increased quantity and paid down interest as the ladder is climbed by you as much as at the most 1000 GHS.