Transparent fees & affordable repayments
Loan Calculator
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Calculator Disclaimer
The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by Onward Digital Credit Limited. It does not take into account your personal or financial circumstances.
What will my repayment be?
Your repayment is based on the amount borrowed. Once you’re approved you will be able to review your offer and your weekly, fortnightly or monthly repayment.
You’ll be reminded about your repayment 3 days before it’s due. We notify you via text and by emailing your statement to you 3 days before it’s due to be debited from your nominated account.
If the outstanding balance of your account is less than the minimum repayment amount, your minimum repayment will be the outstanding balance. Simple.
Use the calculator above to see the regular repayment for the Credit Limit you want.
Late fees
A Direct Debit Reversal Fee of KES 100 applies but we won’t charge this if you get in touch with us first in accordance with the terms of your Direct Debit Request.
Less than 1 month = 20% Interest rate
Fees
- Loan processing fee 3% of the loan applied
- Loan insurance fee 1% or Kshs.100 of the loan amount whichever is higher.
- Late Penalty 1.5% per day on instalment in arrears
2 months to < 3 months = 10.5% Interest Rate
Fees
- Loan processing fee 3% of the loan applied
- Loan insurance fee 1% or Kshs.100 of the loan amount whichever is higher.
- Late Penalty 1.5% per day on instalment in arrears
>3 months to < 6 months = 5.5% Interest rate
Fees
- Loan processing fee 3% of the loan applied
- Loan insurance fee 1% or Kshs.100 of the loan amount whichever is higher.
- Late Penalty 1.5% per day on instalment in arrears
> 6 months to < 12 months = 3.5% Interest Rate
Fees
- Loan processing fee 3% of the loan applied
- Loan insurance fee 1% or Kshs.100 of the loan amount whichever is higher.
- Late Penalty 1.5% per day on instalment in arrears
>12 months to < 24 months = 3.0% Interest Rate
Fees
- Loan processing fee 3% of the loan applied
- Loan insurance fee 1% or Kshs.100 of the loan amount whichever is higher.
- Late Penalty 1.5% per day on instalment in arrears
Secured Loan
Fees
- Loan processing fee 3% of the loan applied
- Loan insurance fee 1% or Kshs.100 of the loan amount whichever is higher.
- Late Penalty 1.5% per day on instalment in arrears