Complimentary app for Android Os
- Fast
- Easy
- Secure
- Anytime, anywhere
- No application costs
- No security
- No guarantors
- No wahala!
About Us
Fido cash Lending Limited (FIDO) is 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 put on for the FIDO Loan straight from their particular device that is mobile in FIDO’s branch and receive a credit choice within seconds. The mortgage can be obtained to salaried, contracted and professionals that are self-employed. Merely a one-time verification of ID and mobile cash account is important before disbursement associated with cash. No security or guarantors are expected.
Faq’s
Is FIDO authorized to supply loans in Ghana? Yes. FIDO is certified because of the Bank of Ghana to present loans. Which are the costs to make use of Fido? There are not any UPFRONT FEES for making use of the FIDO mobile software or trying to get a FIDO Loan. We charge a processing charge which is disclosed into the client just before accepting that loan, and generally are compensated only once you get the cash, whenever your loan flow from for repayment. Exactly what do the FIDO is used by me Loan for? Clients may use the proceeds for almost any purpose, aside from unlawful task. Which are the eligibility needs? To be eligible for a FIDO Loan, you will need A id that is valid and cash or banking account. <ul>
You really must be a resident in Ghana over 18 years old. Just how much could be the rate of interest? The attention prices for brand new clients begin at 14per cent for thirty day period, the attention quantity is presented within the application before applying. Coming back customers having an excellent 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. The length of time does it decide to try accept my demand? A credit decision will be shown on the screen within one minute after submission.
FIDO application evaluates each loan application and reserve the proper to reject some applications. Your decision may not be reversed therefore we can just only suggest you to definitely use once again after 14 days. My demand ended up being authorized. Exactly just just What do i need to do next? Please read carefully the instructions exhibited into the software if the loan was authorized. The guidelines will inform you to either accept the mortgage agreement inside the software to accomplish the method, or go to a branch for processing. Please see the Contact section for opening hours and instructions to the branch. Where as soon as will my FIDO Loan be compensated? After fully finishing the method, the mortgage is given out immediately for MTN /Tigo money and 1 working day for several other practices. We shall inform you by SMS associated with the transfer. Just exactly exactly How am I going to repay the FIDO Loan? Once the loan becomes due, you are going to need to move the amount of money from your own wallet after procedure below. To pay for with money, you can travel to any Zenith bank deposit and branch to FIDO’s account. Make every effort to always utilize your Client ID for re payment.
| Money – Zenith bank | Tigo Money | MTN Cellphone Money | Airtel Cash |
| (needs to be from very 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 can not repay the FIDO Loan on-time? Please e mail us with any problems linked to the payment of your FIDO Loan. Clients is likely to be charged penalties that are additional belated repayments. Fido reserves the ability to simply just take any appropriate action to recover outstanding debts and report delinquent borrowers to your 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 needs to be chosen within the application whenever applying.
Having to pay your loan on time will get you an increased quantity and paid off interest as you rise the ladder as much as a optimum of 1000 GHS.
