How To Deactivate, Close Or Delete Your Okash Account Easily

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How To Deactivate, Close Or Delete Your Okash Account Easily 

One of the reputable and loan apps with the lowest interest rate in Nigeria is Okash.

Okash is a mobile loan app that provides quick and collateral free loans to its users. It is designed to meet the financial needs of individuals who require immediate access to cash. 

The app offers loans to both salaried and self-employed individuals, with flexible repayment options and easy loan application.

In this article, we’ll be delving into how to deactivate, close or delete your Okash account easily but before that, let me briefly show new users how the loan app works.

How Okash Loan App Works

Download and Installation: To begin using the Okash Loan App, users need to download and install the app on their smartphones. The app is available for both Android and iOS devices.

Registration/Sign Up: Users are required to create an account by providing their personal details, such as name, date of birth, contact information, and identification documents. This information is essential for verifying the user’s identity and eligibility for a loan.

Loan Application: After registering, users can apply for a loan by selecting the loan amount they require and specifying their repayment period. Okash offers loans ranging from N3,000 to N1,000,000, with repayment periods of 14 to 6 months. 

Users must also provide their bank account details for the loan to be disbursed.

Loan Approval and Disbursement: Once the application is submitted, Okash’s automated system evaluates the user’s information and determines their loan eligibility. 

If approved, the loan amount is disbursed to the user’s bank account within a few minutes.

Repayment: Users are required to repay the loan amount in installments, as per the agreed repayment schedule. Okash offers flexible repayment options, allowing users to choose a plan that best suits their financial situation.

Interest and Fees: Okash charges interest on the loan amount, which is disclosed upfront during the application process. However, users must also be aware of other fees, such as late payment fees, which may be charged if they fail to repay their loan on time.

Deactivating, Closing, or Deleting an Okash Account

If you are considering deactivating, closing, or deleting your Okash account, it is crucial to understand the process and the later outcome of each action. 

Okash is a lending platform that offers short-term loans to its users. By deactivating, closing, or deleting your account, you will no longer have access to any outstanding loans or future lending services provided by Okash.

Before taking any action, it is crucial to review the Okash account deactivation, closing, and deletion policies to ensure you understand the implications of each choice.

How To Deactivate, Close Or Delete Your Okash Account Easily
How To Deactivate, Close Or Delete Your Okash Account Easily

How To Deactivate, Close Or Delete Your Okash Account

In the following steps, I have outlined the steps and guidelines to follow to successfully close, deactivate or delete your Okash account. Kindly explore them now.

How To Deactivate Your Okash Account Easily 

When it comes to deactivating your Okash account, the process is quite simple but you need to keep in mind that the process is usually temporal. Temporary solution that allows you to pause your account without deleting your personal information. 

When you deactivate your account, you will no longer have access to your loans, and Okash will no longer provide you with lending services. 

However, your account information will be stored, and you can reactivate it at any time by logging in with your credentials.

To get started with deactivating your Okash account, do ensure that you follow these steps: 

  • Log in to your Okash account.  to the account settings or profile section. 
  • Look for an option to deactivate or pause your account. 
  • Follow the given instructions to deactivate your account.
  • After the deactivation of your account, you will be automatically logged out immediately.

How To Close Your Okash Account

Closing your account is a more permanent solution, which involves removing your personal information from Okash’s database. 

When you close your account, near this in mind, you will no longer have access to your loans, and Okash will no longer provide you with lending services. 

Additionally, you will not be able to reactivate your account. As you can see, there are similarities and differences between deactivating and closing. The difference is you will no longer be able to reactivate the account. 

Read: How To Deactivate, Close Or Delete Your Palmcredit Account Easily

To close your Okash account, kindly login to your Okash account and go to the settings page of the app. Once you get there, look for the option that says “Close Account”.

Once you locate it, tap on it and follow the necessary procedures and instructions provided.

Your account should be close down immediately and you will be automatically.

How To Delete Your Okash Account Easily

Deleting your Okash account is easy and hassle-free. You can get your account deleted totally and unaccessible by contacting the Okash customer care representative. 

To contact them, kindly write an email and send to “”, or call their customer service hotline in Nigeria via(+234)08097755512,08097755514 or visit their office address via Room 301, Japaul House, Plot 8 Dr. Nurudeen Olowopopo Way, Central Business District, Ikeja, Lagos, Nigeria.

FAQs On How To Deactivate, Close Or Delete Your Okash Account Easily

The following are some helpful frequently asked questions on how to deactivate, close or delete your Okash account easily with their respective answers:

What happens when you don’t pay your OKash loan?

When you don’t pay your OKash loan, several consequences may occur. Firstly, you may be charged late fees or penalties for missing the repayment deadline. 

These fees can accumulate and increase the total amount owed. Additionally, failure to repay the loan can negatively impact your credit score, making it difficult to access credit in the future. 

OKash may also employ debt collection methods, which could include contacting you directly or using third-party collection agencies. In extreme cases, legal action may be taken against you to recover the outstanding debt.

Moreover , you can communicate with OKash if you are unable to make a repayment on time. They may offer alternative repayment plans or solutions to help you manage the debt effectively.

Is OKash owned by Opay?

No, OKash is not owned by Opay. It operates under Blue Ridge Microfinance Bank.

How much does OKash give first time?

OKash provides a first-time loan of N3,000.

Which bank does OKash use?

OKash operates under Blue Ridge Microfinance Bank.

What is the USSD code for OKash loan?

Currently, OKash does not have a USSD code for loans.

What is the highest loan amount in OKash?

The highest loan amount offered by OKash is N1,000,000.

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