Kviku loan repayments can be made by bank deposit or bank transfer to Kviku account. After validating the transaction, Kviku releases the funds to you in seconds. On the other hand, receiving banks may take some time to process payments. You should receive the funds between 8:00 a.m. and 4:00 p.m. Monday through Friday. You will be able to receive your funds the next morning if your application is approved outside of business hours (for example, late at night). If you were authorized over the weekend, you wouldn't collect your money until Monday morning.
Steps to repay
To pay by bank card
- Go to the company's official website and click the Pay button.
- Fill in your credit card information (card number, expiry date, card owner, three-digit code on the back of the card).
- Fill in the SMS confirmation code supplied to your phone number.
To pay by cash
- You can do so by transferring funds to Kviku's bank account.
- Click the Pay button in your Profile, then Bank transfer.
A new window will open with the bank data. You can pay at any bank in the area.
Important: Bank transfers can take up to 5 days to complete. Send the proof of payment with the date to support@kviku.ph to avoid any trouble. This will help you avoid late payments.
Conditions of loan extension
If you're a first-time borrower, you can pay off your loan in as little as 60 days. As a regular borrower with a strong credit rating, you can extend the lending period to 180 days. You could be subject to additional penalties if you do not pay your loan on time.
Early payoff
You can pay your Kviku loan whenever you want once you've registered. A Kviku loan has a 60-day repayment period, but you can choose a different length. You can contact Kviku customer care for early payoff terms and conditions.
