To repay a Cash Depot loan, there are several methods available. One option is to enroll in their automatic payment program, allowing for convenient deductions from your bank account on scheduled dates. Additionally, you can make payments via online banking by adding Cash Depot as a payee and initiating transfers from your bank's website or app. While Cash Depot does not have a mobile app for repayments, you can still utilize ATMs by adding them as a payee and completing transactions accordingly. It's important to note that Cash Depot does not offer repayments directly through their website or mobile app, emphasizing the use of automatic deductions or alternative banking channels for loan repayment.
Make payments online through the account
To make Cash Depot loan payments online through your account, you'll need to follow a few simple steps. However, it's important to note that Cash Depot doesn't offer an online account portal for managing your loan payments directly on their website. Instead, payments are typically facilitated through automatic deductions from your designated bank account.
Make payments through the app
To make Cash Depot loan payments online through a mobile app, you'll need to be aware that Cash Depot does not offer a dedicated mobile application for managing loan payments. Instead, payments are typically processed through automatic deductions from your designated bank account.
Make payments through a different bank
To make Cash Depot loan payments online through a different bank, it's essential to note that there's typically no official guidance from Cash Depot regarding this specific process. However, it's recommended to follow these general steps and contact your bank for assistance:
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Log into Your Bank's Online Banking Platform. Access your online banking account through your bank's website or mobile app. If you haven't already enrolled in online banking, you may need to sign up for this service with your bank.
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Navigate to the Bill Pay Section. Once logged in, locate the "Bill Pay" or "Payments" section within your online banking platform. This is where you'll initiate the process of sending a payment to Cash Depot.
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Add Cash Depot as a Payee. If Cash Depot is not already listed as a payee in your bank's bill pay system, you'll need to add them as a new payee. Provide the necessary information, including the name "Cash Depot" and any account details or payment reference numbers provided by Cash Depot.
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Enter Payment Details. Enter the payment amount and any other required information, such as the loan account number or payment reference code, to ensure proper crediting of your payment to your Cash Depot loan account.
Via ATM
To make Cash Depot loan payments via ATM, it's important to note that there's typically no official information provided by Cash Depot on this specific method of repayment. However, you can follow these general steps to make your loan payments using an ATM:
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Locate an ATM. Find an ATM that is compatible with your bank's network. This may include ATMs operated by your own bank or those belonging to partner banks where you can perform transactions without incurring additional fees.
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Insert Your Debit Card. Insert your bank-issued debit card into the ATM's card reader and follow the on-screen prompts to proceed.
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Enter Your PIN. Enter your personal identification number (PIN) when prompted. This serves as a security measure to authenticate the transaction.
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Select "Bill Payment" or "Other Services". Depending on the options available on the ATM, select either "Bill Payment" or "Other Services" from the main menu. This will allow you to access additional transaction options beyond cash withdrawals and balance inquiries.
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Choose "Add Payee" or "Enter Payee Information". If Cash Depot is not already listed as a payee in the ATM's database, you may need to add them as a new payee. Follow the prompts to enter the necessary information, which may include the payee name, account number, and payment amount.
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Enter Payment Details. Input the payment amount corresponding to your Cash Depot loan payment. Double-check the entered information to ensure accuracy before proceeding.
Additional resources
- About Cash Depot
- Cash Depot Online Banking
- How to Apply for Cash Depot Loan
- Cash Depot Customer Reviews
