By Milton Were
As Valentine’s Day approaches, Co-op Bank is making it easier for Kenyans to access quick loans through its MCo-opCash mobile loan service. Customers with salary or business accounts can borrow up to KES 1 million instantly without paperwork, phone calls, or collateral, ensuring they can make their celebrations memorable.
How to Apply for an MCo-opCash Loan
Co-op Bank customers can apply for an MCo-opCash loan using a simple process:
- Dial *667# or download the MCo-opCash app.
- Register for free on your mobile phone.
- Log in with your MCo-opCash PIN.
- Select E-loans.
- Check your loan limit.
- Click on Apply Loan and follow the steps.
Once approved, the funds are deposited into the customer’s MCo-opCash wallet, a virtual account linked to their mobile number. The money can be used directly or transferred to their primary Co-op Bank account.
How to Check Your Loan Limit
Customers can determine their borrowing eligibility by:
- Dialing *667#.
- Logging in to the MCo-opCash app.
- Selecting Check Limit.
This provides an instant update on the amount available for borrowing.
Secure and Convenient Payments with a Co-op ATM Card
To enhance convenience, Co-op Bank encourages customers to use their Co-op ATM card for seamless transactions during Valentine’s festivities. The card eliminates the need to carry cash and can be used at multiple outlets.
- The only deduction made is the cost of the item purchased.
- Every transaction requires the customer’s ATM PIN for security.
- The VISA-branded card is accepted for payments in Kenya and abroad.
Easy Payments via PayBill or Till Number
Customers can also make direct payments using *667# or the Co-op Bank app:
Paying via *667#:
- Dial *667# and log in.
- Select option 7 (PayBill/Till).
- Complete the transaction.
Paying via App/Web:
- Log in to the Co-op Bank app or web portal.
- Select ‘Bills’ then ‘Till’ or ‘PayBill’.
- Enter details and confirm payment.
With these flexible financial solutions, Co-op Bank ensures that Kenyans can access funds conveniently and make secure payments. As Valentine’s Day draws near, the bank’s MCo-opCash loans provide a quick, stress-free way for customers to enjoy their celebrations without financial strain.
