Akulaku installment loan – How to use Akulaku with ease

Akulaku supports simple and fast online loans with just an ID card, with just a few steps on the application you can easily receive an amount of up to 4.000 PHP after just a few minutes of registration.

What is Akulaku?

Akulaku is the first e-commerce application to support installment purchase, online loan without credit card in Philippines developed by Silvrr Vision Co., Ltd. Akulaku is present in many countries such as Indonesia, Malaysia, Philippines … including Philippines Akulaku helps customers shop online with installments without a credit card. In essence, Akulaku is like online shopping apps like Lazada, Shopee … but in addition to the instant payment method, Akulaku allows users to purchase online installments on the app without any paperwork. Company Information Akulaku

  • Located in: Ortigas Building
  • Address: 24F, IBP Tower, Jade Dr, San Antonio, Pasig, 1605 Metro Manila, Philippines
  • Phone: +63 2 5304 9120
  • Email: cs.ph@akulaku.com
  • Facebook: https://www.facebook.com/AkulakuPhilippines
  • Website: https://www.akulaku.com/ph

How to get cash on Akulaku?

To borrow money online on the Akulaku app, you must register for an account and be confirmed by Akulaku that your profile has been successfully registered. After successful account registration, you will be given a credit limit, which varies from person to person and up to PHP 5.000. With your credit limit granted, you can make purchases or installments on Akulaku and get a cash loan very easily.

Akulaku loan requirements

  • Philippinesese citizen aged 18-50 years old
  • Just need a valid ID card
  • Have a bank account to disburse

Loan interest rate on Akulaku

Akulaku application loan interest rate will be based on credit score. The higher your credit score, the lower the interest rate will be. This interest rate will be published in details on the Akulaku application when you apply for a loan. According to Akulaku loan calculator, for a loan term of 8 days, the interest is only 5%, while for 15 days, the interest is 7%. Sample Loan Calculation:

  • Loan Term = 8 Days
  • Loan Amount = ₱2,500
  • Interest & Processing Fee = 7%

Total Payment = Loan Amount x 1.07 Wherein: ₱2,500 (Loan Amount) * 1.07 (Interest and Processing Fee) = ₱2,675 (Total Repayment)

Akulaku loan limit and loan term

With the Akulaku app, you can quickly borrow up to 2.500 PHP online. If you are the first time subscriber, Akulaku only allows you to borrow up to PHP 1.000 in a period of 15 days. After paying the first loan on time, from the second time onwards, Akulaku will automatically increase the loan amount to 2.000 PHP, 3.000 PHP and 4.000 PHP  with a payment term of 15 or 30 days.

Why should we choose Akulaku

why-akulaku

Buy Now, Pay Later

Buy the things you want, pay later using your Credit Limit! Terms & Conditions apply.

Secure and Convenient Payment

Experience a hassle-free payment process on Akulaku. Settle your payment through multiple online and offline payment channels.

Free Delivery

We deliver your items at your doorsteps for FREE without minimum purchase required.

Bills Payment

Settle your bills on time in just a few taps using the available credit limit on your account.

Mobile Top-Up on Installment

Stay connected whenever and wherever you are. Top up your mobile with SMS, Call, and Mobile Data package on installment.

Game Credits on Installment

Stay ahead and level up your game! Get game credits on Installment for more than 30 game outlets.

Instructions on how to get installment loan on Akulaku

Step 1: Download the Akulaku application

Akulaku currently supports both Android and IOS versions.

  • Download Akulaku for Android HERE
  • Download Akulaku for iOS HERE
akulaku-ios

Step 2: Sign up for an account

  1. After downloading the app successfully, click “CREATE ACCOUNT” to register for an account
  2. Enter your phone number then press “Send” to receive the OTP. Enter the OTP sent to and click “Next”
  3. Enter the OTP then click “Next”
  4. Enter your password, referral code if any, then click “NEXT”
  5. Enter your password then click “Next”.
  6. So you have completed the account registration step.
  • Next, to update information, on the main screen select Menu “Credit” to register a credit limit. After successful registration, you will receive a maximum credit limit of up to PHP15.000 and a coupon of PHP 300 for purchases.
  • To subscribe to this limit, you need to update personal information, contact information, career information and download ID card photo.
  • Update personal information including first and last name, gender, year of birth, industry, education level, connect to your Facebook account then click “Next”
  • Next you need to enter your contact information can be: father / mother, spouse, brother / sister, friend or aunt.
  • Then press “Next” You complete information about your current occupation.
  • Choose the right industry or choose the most relevant industry.
  • Akulaku will call back to confirm the information.
  • Please answer exactly what you are doing.
  • After completing the registration information, click “Continue” You can see that the limit you can buy on installments, borrow money online is 15.000 PHP. However, only after your registration information has been approved will you be able to use this amount.
  • Activate the limit by sending an ID photo and voice recording and then send it through the application. Click “Continue” to proceed with uploading ID photo, you need to prepare ID card
  • Take a photo you hold your ID card (note the camera matches the photo frame and ID card frame), enter the ID number below and take a 2-sided photo of your ID card and click “Next” to go to the next step.
  • You record by reading the number displayed on the screen of the Akulaku application. After reading, press the record button to save and complete the registration.

Step 3: Authenticate information

After completing the registration information, the application will notify successful sending. Successful application notification. Within 2 working days, Akulaku will call back to verify the information. Akulaku works on Saturdays and Sundays so please pay attention to the phone. Once your account is verified by Akulaku, you can easily purchase all products on the app on installments. And you can also borrow cash on Akulaku for up to 2 , and receive money in just a few minutes. Account has been activated successfully

How to repay Akulaku loans

Akulaku supports monthly installment payments or loan payments with a variety of payment methods. Forms of payment in Akulaku

  1. Domestic ATM / Internet Banking card
  2. E-wallet
  3. International card (Visa / Master Card)
  4. Convenience store
  5. Bank transfer

If you pay at a convenience store, or make a bank transfer, keep your receipt after making the payment. With forms of payment by Internetbanking or International Card you will be updated with the fastest payment on the application.

The article is from Fastloans.PH website: https://fastloans.ph/

Fastloans.PH - Financial advisory website & online loan product comparison in Philippines

Contact information

Address: 330 Sen. Gil J. Puyat Ave, Makati, 1200 Metro Manila, Philippines

Phone: +63282931254

Email: henrick.philippines@gmail.com

Website: https://fastloans.ph/

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