Tala Loans App Application Process and Full Review

Loans & Finance

Carson O.
4 Min Read
FILECourtesy - freepik.com
  • Download the Tala App from Google Playstore or Apple Store (iOS).
  • Select your preferred language.
  • Complete the short registration. It is straight forward.
4.4 Very Reliable
Tala Review - Kenya

Tala, one of the pioneering mobile lending platforms in Kenya, has established itself as a leading player in the industry. With over ten million downloads on the Google Playstore, Tala has become a household name among Kenyans who are in need of quick and accessible loan options. This article aims to provide a detailed guide on how to apply for a loan on the Tala loans app platform, as well as information on the various loan options available and an in-depth analysis of the benefits and drawbacks of borrowing from Tala in Kenya.

How to apply for a Tala Loan quickly

The Tala loan application process is simple and fast as the money will be disbursed into your Mpesa account within minutes of a successful application.

Here is a detailed guide:

  1. Download the Tala App from the Google Playstore or the Apple Store, for iOS users.
  2. After installing, launch the application and select the language you will prefer to use and select ‘Create New Account’.
  3. Enter your M-Pesa phone number as this is where the loan will be deposited upon successful application.
  4. Enter the PIN you use for your number
  5. The application will take a few seconds and lead you to a new window where you will select ‘Apply Now’.
  6. Answer the questions that follow.
  7. When done, click ‘Send My Loan’.

Also read, Top Loan Apps in Kenya – Full Review with Pros and cons

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Here are important details about the Tala Loans App you should know

Access ApplicationGoogle Playstore/ Apple Store
Playstore Rating4.4/5.0
Download Size15 MB
Required OSAndroid 4.1 and up
Email[email protected]
Offered ByTala Mobile
USSD CodeNone
Alternative Application MethodSMS Number: 21991
Registration feeN/A
Loan limit (KES)50,000
Interest rate0.3-%34% per annum
Repayment windowUp to 61 days
Additional chargesDefaulters’ Penalty – 5%
Age Limit18 Years
Minimum RequirementsNational ID                                                                                                                                                                                                                                                                                               
Repayment Paybill Account Number851900

Your Registered Phone Number
tala loan app full review

Also, read the top 15 profitable small business ideas in Kenya.

Below is a list of the pros and cons of using Tala as per user reviews in Playstore and Apple store;

What Are The Pros of the Tala Loans App

  • Get KES500 off the next time you borrow.
  • Quick application.
  • The loan arrives instantly.
  • Easy to use, fast and reliable.
  • Tala do not call your contacts in case of default.

What Are The Cons of the Tala Loans App

  • Several users complain that they received penalties even when they paid up on time. Support asked the user to contact them through their official email address.
  • Users have reported being unable to reapply for a loan due to an app instruction to wait 30 more days, despite no penalty.

If you are looking for a different loaning platform, here is a full review of the Zenka loan application.

Tala Review - Kenya
Very Reliable 4.4
Criteria 4.4
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I am a multi-faceted professional with a strong foundation in Business and Finance, honed since 2020. Additionally, I possess a deep passion for automobiles, serving as an avid car enthusiast. In parallel to my diverse interests, I am also a dedicated student pursuing a career in the medical field.