Okash Loan Requirements in Nigeria

  • November 19, 2023

This post contains all the essential Okash Loan Requirements.

I believe what landed you on this page is that you’ve been seeing Okash on your Opay dashboard, and you’ve been wanting to use it but don’t know the requirements.

Similar to all online lending platforms, there are some mandatory qualification requirements for getting loan approval.

Since there are tons of those loan apps online, you may be thinking their requirements should be the same, which is not true.

This is because some are strict, and some are so flexible that with just your phone number, you’re good to go.

But are Okash loan requirements strict or flexible?

Just keep scrolling down gently to find out.

What’s Loan Requirements on Okash All About

Okash loan requirements are those mandatory steps and procedures that must be taken and passed so that you can be granted loans on the Okash App.

Generally, since Okash is a payday loan company, requirements to get loan approval is very flexible as you don’t even need to verify your address before getting loans.

However, the little things that they require before approving your loan application is very mandatory, and without them, you might not even be able to register on the Okash App, not to talk of getting loans.

Now, what are the Okash loan requirements, and how can you easily qualify for a loan on Okash?

Let’s see.

Related: Palmcredit Loan Requirements

Okash Loan Requirements

The main requirements to get loan on Okash are Your BVN, your name, phone number, and a good credit score.

The Okash App

The first requirement to get a loan from Okash is to download the Okash App. This is because you can get an Okash loan only on the Okash Mobile App.

The app is available for iPhone and Android.

2. Your Full Name

The next and one of the most essential Okash requirements is your full name. This includes your First Name, Last Name, and Middle Name (Optional). 

Keep in mind that the name provided must be the same as your bank account details, and BVN.

Check Out: Carbon Loan Requirements

3. Phone Number

Your phone number is another mandatory Okash loan requirement.

This is because after downloading the app and you’ll need to sign up with your phone number where a unique shortcode will be sent for verification.

Your phone number is the only way that Okash can contact you, and also send you some loan discount codes.

Related: How to Borrow Money from Opay

4. Bank Verification Number (BVN)

Your BVN is a priority to get loans on any loan app, Okash is no different too.

Note: Without a BVN, you cannot get a loan from Okash.

5. Bank Details

Your account number and name are also one of the Okash requirements for loan. Your Account number is will be used for fund disbursement after your loan is approved on the App.

See Also: Fairmoney Loan Requirements

How to Qualify for Loan on Okash

In order to qualify for an Okash loan, you’ll need to have a good credit score and a job description.

More so, Okash may like to analyze some information about your debt-to-income ratio and your current monthly payments.

Now, let’s simplify the Okash loan requirements so that they can be more understandable.

Here’s a list of the most vital requirements to get a loan from Okash.

  • The Okash App.
  • Basic personal information such as name, age, phone number, next of kin, and occupation.
  • Bank Verification Number (BVN).
  • Bank Account details.

Once you meet these requirements, you’ll be instantly eligible to get a loan from Okash.

Note: The more loan you take and how quickly you repay them, the higher the loan you’ll be granted by Okash.

Check Out: Branch Loan Requirements


Until you try some loan apps, you’ll see that the requirements of online loans are not as strict as people framed them to be.

I believe the Okash loan requirements provided in this post will help you easily and quickly get loans from Okash without worries.

Do you still have questions?  Then, feel free to drop them down in the comment box below. I’ll be glad to help.