Branch - Personal Loan App

4.6
878K reviews
10M+
Downloads
Content rating
PEGI 3
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About this app

Get Loans from Branch and repay in 61-180 days with a maximum APR of 360%
Branch is the simplest and most secure way to borrow, save, and improve your financial health all from the convenience of your phone.

LOAN RATES AND FEES

India
Loan Amounts: INR 750 to INR 50,000
APR: 2% to 3% per month

Representative Loan Example:
Borrow Rs. 5000 at APR of 36% (per annum) with tenure of 62 days

Interest = Rs. 5000*36%/ 365 *62 = Rs. 304
Processing Fee = Rs. 5000* 10% = Rs. 500
(on which GST applied at Rs. 89)

Total amount disbursed will be Rs 4412 (Rs. 5000 - Rs 499 - Rs 89)
Total amount to repay will be Rs. 5304 (Rs. 5000 + Rs 304)
Two monthly payments of Rs. 2652

Terms: Depending on your loan amount for which you are eligible, you have the option to choose repayment terms for up to 336 days. Every loan amount we offer has the option to repay in a minimum of 60 days.

Branch Personal loan app is operated by Branch International financial services Pvt Ltd. which is an RBI-registered NBFC.

Kenya
Loan Amounts: Ksh 250 to Ksh 70,000
APR: 32% to 240%

Representative Example:
Borrow Ksh 10,000 at APR of 196% (per annum) with tenure of 62 days
Interest = Ksh. 10000* 196%/ 365 *62 = Ksh. 3260

Total amount disbursed will be Ksh 10000
Total amount to repay will be Ksh 13260 (Ksh 10000 + Ksh 3260)
Two monthly payments of Ksh 6630

Terms: Depending on your loan amount for which you are eligible, you have the option to choose repayment terms for up to 336 days. Every loan amount we offer has the option to repay in a minimum of 60 days.

Nigeria
Loan Amounts: ₦1,000 to ₦200,000
APRs: 32% to 250%

Representative Example
Borrow ₦45,000 at APR of 250% (per annum) with tenure of 62 days

Interest = ₦ 45000* 250%/ 365 *62 = ₦ 9400

Total amount disbursed will be ₦ 45000
Total amount to repay will be ₦ 54400 (₦ 45000 + ₦ 9400)
Two monthly payments of ₦ 27200

Terms: Depending on your loan amount for which you are eligible, you have the option to choose repayment terms for up to 336 days. Every loan amount we offer has the option to repay in a minimum of 60 days.

Tanzania
Loan Amounts: Tsh 5,000 to Tsh 700,000
APRs: 33% to 261%

Representative Example:
Borrow Tsh 100,000 at APR of 180% (per annum) with tenure of 62 days

Interest = Tsh 100,000* 180%/ 365 *62 = Tsh 30000
Total amount disbursed will be Tsh 100,000

Total amount to repay will be Tsh 130,000 (Tsh 100000 + Tsh 30000)
Two monthly payments of Tsh 65000

Terms: Depending on your loan amount for which you are eligible, you have the option to choose repayment terms for up to 336 days. Every loan amount we offer has the option to repay in a minimum of 60 days.
KEY BRANCH FEATURES: FINANCIAL ACCESS IS JUST A TOUCH AWAY

The Branch app lets you apply for credit, save funds, or monitor your financial health on the go.

* Easy access 24/7
* Quick and easy sign up
* No paperwork, collateral or office visits needed
* Use your money the way you want to -- for home or business
* No late charges or rollover fees on loans
* Lower fees, and flexible payment terms as you repay

Questions? We provide world-class support for your financial needs, 24 hours a day. Message us within the app and receive an answer in minutes!


SAFE AND SECURE LOANS

Branch makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never share your information with third parties.

FEATURED IN

Financial Times - TechCrunch - Forbes - Bloomberg TV - Huffington Post - Wall Street Journal

CNBC Africa - K24 - KTN - KBC - Business Daily - Daily Nation - The Standard


CONTACT US

We're always excited to hear from you! If you have any feedback, questions, or concerns, please e-mail us at support@branch.co or find us on Facebook!

Follow us on Twitter: twitter.com/branch_co
Visit our website: branch.co
Updated on
Nov 15, 2022

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info, Files and docs, and App info and performance
This app may collect these data types
Location, Personal info and 8 others
Data is encrypted in transit
Data can’t be deleted
4.6
878K reviews
Valentine Okany
November 13, 2022
This is literally the best loan app. The awesome thing about Branch is that they don't threaten you like other loan apps out there. I've deleted other loan apps from my device. If your payment is due, they'll send you a prompt via the app. Their interest rates are okay and the duration is good. They also have excellent saving plans. Branch to the world!!!
232 people found this review helpful
Sulaimon Babatunde
November 14, 2022
It used to be a great app until recently, after updating to the new version. Weekly cashback got reduced, cashback on airtime and bills payment also get slashed. Transfer from branch to other bank account is no longer free. All these are done without prior notice or customer interaction. Remember you,re not the only cash wallet app in Nigeria. Loan is difficult to take considering the huge interest.
201 people found this review helpful
Ahmad Haliru
November 22, 2022
Simply the best out there, no other competition. Low interest rate, no extra charges, free bank transfers, no late penalty charges, they also help you be debt free when you aren't able to pay everything. I've never seen an app with so much like this one.
59 people found this review helpful

What's new

Better than your bank - we've totally redesigned our app to help you manage your finances on the go. Update now to see our sleek new design and get access to new products and features.

If you like the new update, share the love by leaving a 5-star review and inviting your friends. Have feedback? Let us know by messaging Customer Care in the app.