Mota Cash Loan is a fast and flexible personal loan solution for those seeking financial assistance.
With loan amounts ranging from ₦1,000 to ₦50,000 and loan terms between 91 and 180 days, Mota Cash Loan offers convenient and accessible loans to meet your needs.
Interest Rates and Fees
- Loan amount: ₦1,000 – ₦50,000
- Loan term: 91 – 180 days
- Maximum annual interest rate (APR): 16% – 21% APR
- Service Fee: ₦0
Example: If you borrow ₦1,000 for 6 months (180 days) at an APR of 7.9%, the total interest would be ₦79 (₦1,000 * 7.9%). The monthly payment would be ₦179 ((₦1,000 + ₦79) / 6), and the total repayment amount would be ₦1,074. (Note: These numbers are for illustrative purposes only.)
How to Apply for a Mota Cash Loan
Follow these simple steps to apply for a loan with Mota Cash:
- Download and install the Mota Cash App from the Google Play Store.
- Register an account with your phone number.
- Fill in your basic information.
- Submit your loan application and await the final result in the app.
- If approved, the loan amount will be disbursed directly into your bank account.
Eligibility Requirements
To apply for a Mota Cash Loan, you must:
- Be a Nigerian citizen over the age of 18.
- Have a stable job.
- Be able to repay the loan.
Mota Cash Loan customer care
For any inquiries or assistance, reach out to Mota Cash Loan at:
- Email: motacashn@gmail.com
- Address: Gwagwalada, Plot 52 Park Lane FCT Abuja, Abuja Federal Capital Territory, Nigeria 900281
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