Branch - Personal Loan App

4.6
924K 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. Some loans are in co-lendnig arrangement with NDN P2P Private Limited

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.

In all countries, some customers may be charged a late fee.

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
* 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.


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
Jan 31, 2023

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
924K reviews
Ademola Onibudo
January 24, 2023
This loan app used to be my go-to, because it used to be consistent. But for the past 6months I noticed they give you loan and encourage you to pay early.. instead of you getting an increment, the loan reduces drastically. So I don't see a reason why you should pay promptly.. That's very bad and if you can deal with your plans been altered after you made plans from the money you think you might get from an app but you don't... then go ahead. I just can't deal with inconsistency
191 people found this review helpful
Vaibhav Bansal
December 22, 2022
I have been using it for a year now, the experience is very good compared to others in the industry. They don't spam, no ads and great customer support are its positives. Although the processing fee may feel a bit expensive but it may be because of very nature of personal loans, hope they give me a waiver of processing fee someday.
555 people found this review helpful
Branch International
December 22, 2022
We’re glad to hear that. We really appreciate your relationship with us and our aim is to provide an amazing experience going forward too. There is operational work that goes into processing your loan application and sanctioning your loan. Please consider giving us a 5-star rating.-AM
Calvin Odhiambo
January 21, 2023
The app is easy to use but what worries is their criteria for a reloan. One strives to maintain a good loaning history with the app but suddenly gets denied credit on claims of not meeting the threshold when you've always paid on time and without any default hisyory. I think it's very close to conmanship. Then to be told to wait for 90 days to make another application is most annoying.
120 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.