How To Apply For Salary Advance From Cooperative Bank
You can easily apply for a salary advance from Cooperative bank of Kenya and get it straight to your Mpesa wallet. The good news is that you don’t even need to visit the bank to apply for a salary advance. This can easily be done through the Mco-op Cash mobile App
This article is a step by step guide on how you can apply for salary advance through the Mco-op Cash App and short USSD code.
The Mco-op Cash App salary advance allows you to borrow from Kes 1,000 to Kes 500,000.
The loan repayment is between 1-3 months. Still you can receive your salary through Co-op Bank account.
Apply For salary advance through Mco-op Cash App or dial *667#
1). Dial *667# on your phone.
2). Select the registration option
3). Type in your User name
4). Enter Other names separated by spaces.
5. Enter your National Identity (ID) Number or Passport Number.
6). The question on whether you ‘Have an account with Co-op bank’ pops up. Type 1 for Yes or 2 for No
7). Finally Accept or Reject MCo-op Terms and Conditions; Enter 1 for Yes or 2 for No.
A success message is displayed, thus; ‘Dear Customer, your request has been received. We will contact you soon. Thank you for using MCo-op Cash’.
To qualify for the loan:
- Dial *667# or use the MCo-opCash app
- Register for MCo-op Cash (free of charge)
- Link your salary account at the nearest branch
- Apply for a loan
How To Apply for Coperative bank advance loan through MCo-op cash App
- Download the Mco-op cash app from the Google playstore or App store
- Enter your registration details among them your name, ID number and Co-operative bank account number
- navigate through the Mco-op cash salary advance option to request for a salary advance.
- You can withraw your salary advance to your Mpesa once it is credited to your account