How to register and apply for MCo-opCash Salary Loan from Co-Operative Bank, Kenya, by using your phone, online; other loans

Did you know that you can apply for an MCo-opCash Salary Loan as soon as your first salo hits your Co-op account?

How to register/ apply for Co-op bank loans

1). Dial *667# on your phone.
2). Enter 1 to register
3). Next, type in your User name
4). Enter Other names separated by spaces.
5. Then, correctly 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). Finnaly 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’.

MCo-op Loan
To qualify for MCo-op Cash Salary loans one has to be an Employed individual or individuals with a regular income.

Features of the Mco-op Cash loan

1). Minimum loan amount of Ksh 50,000
2). Maximum loan amount of Ksh 4,000,000
3). Maximum term of 72 months
4). Purposes to be covered include education, medical, furniture, consumer durables, motor vehicles, plot purchase, holidays and shares
5). Applications to be appraised using credit scoring
6). Applications appraised within 48 hours

1). Original National Identity Card and a copy
2). Original PIN Certificate and a copy
3). No specific minimum net salary is required
4). Salary pay slips for the last 3 months
5). Filled in loan application form
6). Copy of KRA PIN



This is a loan product used to finance purchase of an asset e.g land, vehicle etc.

Features of the Asset Finance Loan
1). Financing of all types of moveable assets such as laptops, computers, printers, saloon cars, pickups, tractors, prime movers, school buses, generators and even medical equipment
2). Financing of both new and second hand assets
3). Competitive pricing in both local and foreign currency
4). Flexible repayment period
5). Automatic reminders of insurance expiry

1). Copies of identification
Invoices and/or importation documents
2). Copy of KRA PIN

Mkopo wa Kunjengana loan is available to individual group members. The group must be registered as a self-help group by the relevant government authorities.

1). Get up to 5 times the accumulated cash collateral savings
2). A cheque book
3). Co-op Cash debit card
4). Monthly statements

1). Members qualify for the loan after 8 weeks of training
2). The loan is based on a co-guaranteeing mechanism
3). Copy of KRA PIN

Get a short term loan in case you run out of cash before end month.

1). Borrow from Ksh 3,000 to a maximum of Ksh 100,000
2). Recovery is done within 1 to 3 months
3). No security needed
4). Instant processing
5). No facilitation fee, if you apply via MCo-op Cash

For clarification, use the official Co-op banks contacts listed below.
1). Call Center Numbers: 020-2776000, 0703027000
2). Email:
[email protected]
3). Whatsapp: 0736690101

Also read;

Top mortgage companies in Kenya; Cheapest and easy to get loans


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